Insurance Underwriter and Broker Liaison
5 days ago
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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