Senior Commercial Underwriter

4 days ago

Maidstone, Kent, United Kingdom Vermelorpo Full time

This is a largely remote opportunity with occasional travel.

Key Responsibilities:

  • Collate and present key information to the Product Head on schedule and ad hoc basis in respect of the product range.
  • Manage, maintain and review the product range to ensure they remain current, competitive, compliant and able to meet business targets in respect of allocated accounts and/or schemes.
  • Present pricing recommendations to the Product Head based on analysis of data, broker intelligence, pricing and MI team.
  • Fully understand underwriting performance metrics to enable collation and presentation of key account information to the Product Head at agreed intervals and deal with ad-hoc requests relating to products, pricing and MI.
  • Manage key accounts and other agreed key business relationships, to maintain and develop profitable accounts, and to explore any product opportunities and resolve issues that exist.
  • Investigate and respond to queries from the operational area in relation to policy issues.
  • Data Mining Experience.
  • Previous experience within the insurance market.
  • Commercial awareness, market knowledge, process awareness.
  • Data analysis including presentation of observations and proposed actions.
  • Good knowledge of Excel functions.
  • Knowledge of SAS software would be beneficial.

About Vermelorpo:

  • We are a leading Managing General Agent in the UK, specializing in niche motor cover.
  • We have a strong presence in the UK motor insurance market, where our solid market knowledge and experience enables us to create highly targeted products.
  • Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage.
  • We only transact business through professional UK insurance intermediaries and take pride in fostering excellent working relationships.

Benefits:

  • 25 days annual leave plus Bank Holidays and the ability to buy an additional five days holiday.
  • Health Cash Plan.
  • A benefit scheme that offers discounts and cashback on shopping, restaurants, travel and more.
  • Life Assurance 4x annual salary.

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