Underwriting Expert

5 days ago


SouthendonSea, Southend-on-Sea, United Kingdom CV-Library Full time
Expert Underwriter Wanted

We are seeking an experienced Trading Underwriter to join our team and utilise their skills in evaluating customer risks and exposures.

Salary: £35,000 to £40,000 per annum + bonus + benefits including share options.

About the Role

The underwriting department is responsible for assessing risk and exposures of customers for new business, mid-term adjustments, and renewals from a network of brokers in the UK and Ireland.

  • Evaluate customer risks and exposures for new business, mid-term adjustments, and renewals.
  • Quote, convert, and retain business to meet performance targets for specialist home insurance products.
Key Responsibilities

As a Trading Underwriter, your primary goal is to underwrite the full range of products from all distributions.

  • Underwrite according to the company's Internal Underwriting Guide and Underwriting authority awarded.
  • Trade with Brokers to maximise conversion and retention within your authority.
  • Provide regular reports to Line Manager.
  • Renewal/Existing and New Business Control.
  • Take underwriting referrals from other offices when outside individuals' level of authority.
  • Support income, conversion, and retention objectives.
  • Conduct Peer Reviews as allocated and as per PP003 – UNDERWRITING PEER REVIEW PROCESS.
  • Assist in the development of new and existing products.
  • Handle incoming enquiries from clients, insurers, and other third parties in a professional and timely manner.
  • Protect the interests of our capacity providers.
  • Perform macro underwriting tasks as required.
Requirements

To succeed in this role, you will need:

  • Previous Non-Standard Underwriting experience within an MGA, insurance company, or Lloyds Syndicate.
  • Cert CII or Dip CII essential.

Estimated Salary: Approximately £38,500 per annum, based on industry standards.



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