Insurance Underwriter and Broker Liaison

5 days ago


City Of London, United Kingdom Lawes Insurance Recruitment Full time

Job Overview

We are seeking an experienced Insurance Underwriter and Broker Liaison to join our team at Lawes Insurance Recruitment.

About the Role

This is a challenging and rewarding opportunity for a skilled professional to work in a fast-paced environment, developing good business relationships with brokers and underwriting commercial combined/SME risks.

Key Responsibilities

  • Liaise with new and existing brokers to develop strong business relationships and negotiate pricing and terms.
  • Underwrite commercial combined/SME risks within the Broker Business team, including quoting new business and underwriting existing business (MTAs and renewals).
  • Manage and serve a panel of assigned brokers' accounts, ensuring accurate policy documentation is issued.
  • Visit brokers as required to develop business and maintain existing book / cross-sell company's products.
  • Produce monthly reports for renewals and provide accurate analysis.
  • Identify poorly performing accounts and take remedial actions as needed.
  • Liaise with Claims team and prepare relevant claim reports.
  • Liaise with Finance team on daily broker/client enquiries and assist Finance team on premium receivables as part of key tasks.
  • Liaise with IT team for system enhancement and the testing of new & existing products.

Requirements

  • Certificate in insurance (Cert CII)
  • MS Office skills such as Excel and PPT etc.
  • Over 2 years' experience in insurance underwriting within commercial/SME lines.
  • Good understanding and knowledge of the insurance industry.
  • Knowledge and experience of underwriting insurance risks.
  • Knowledge of relevant regulatory practices and legislation in the industry.
  • Ability to work independently and as part of a team.
  • Good time management skills to meet deadlines.
  • Good communication and negotiation skills.

Estimated Salary: £45,000 - £60,000 per annum

Location: City of London

Work Environment: A mix of office-based and remote working, requiring flexibility and self-motivation. We offer a competitive salary and benefits package, reflecting the company's commitment to supporting the growth and well-being of its employees.


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