Senior Development Underwriter

2 weeks ago


Manchester, United Kingdom SPE Travelers Management, LTD Full time

Job Category: Underwriting

Target Openings: 1

What Is the Opportunity?

As a Senior Development Underwriter at SPE Travelers Management, LTD, you will play a critical role in producing and underwriting new and renewal business from valued brokers. With your expert underwriting skills and strategic execution, you will consistently deliver outstanding financial results, driving retention, pricing, new business, and profitability to new heights.

Key Responsibilities:

  • Underwrite and assess risk for products and accounts from assigned brokers, making appropriate decisions within your underwriting authority.
  • Make sound quoting and pricing decisions that are in the Company's best interests.
  • Develop and execute sales plans for assigned brokers in conjunction with regional sales leadership.
  • Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and other parts of the organization.
  • Act as a responsible business partner with assigned brokers and clients, managing interests of TICL.
  • Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
  • Actively participate/lead regularly scheduled regional and product underwriting and/or sales meetings with your team.
  • Demonstrate superior customer service standards, consistency, quick response, and knowledge of products.

Requirements:

  • University degree and/or Chartered Insurance Institute (CII) Advanced Certification or Diploma preferred.
  • General knowledge of industry business operations and work methods, critical business issues, and financial drivers that affect the Line of Business.
  • General knowledge of the local insurance marketplace and effectively uses that knowledge to the Company's advantage.
  • Intermediate:
  • Relationship Management: Seeks out, builds, fosters, and maintains productive relationships or alliances to meet goals and achieve objectives.
  • Intermediate:
  • Business Perspective: Uses knowledge of internal and external factors that impact the Lloyd's Market to make decisions.
  • Previous experience of underwriting in management liability/professional indemnity/financial institutions required.

What's In It for You?

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts, and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

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