Business Development Underwriter
2 weeks ago
Job Overview
MISL is a leading Managing General Agent in the UK, specializing in niche motor insurance. As a Senior Product Specialist, you will play a key role in driving our underwriting strategy to identify and apply special risk factors for customers' benefit.
We are looking for an experienced Underwriter to join our team. The successful candidate will have a strong background in data analysis, commercial awareness, and market knowledge. In this role, you will be responsible for managing key accounts, presenting pricing recommendations, and investigating policy issues.
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 intel, pricing, and MI team.
- 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, explore product opportunities, and resolve existing issues.
- 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.
What We Offer
- $80,000 - $110,000 per annum, depending on experience.
- 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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