Senior Underwriter
5 days ago
Job Overview
Stride Resource Management Ltd is seeking an experienced Senior Underwriter to join their team in Manchester. The ideal candidate will have a strong background in commercial underwriting and insurance industry theories and practices.
Key Responsibilities
- Manage and develop existing client accounts with support from the wider business, working closely with a panel of key intermediaries.
- Identify new business opportunities and convert business in line with underwriting appetite, utilising your extensive network of key contacts.
- Review applications and financial requirements for risks requiring sophisticated underwriting skills, determining acceptability in accordance with company guidelines and standards.
- Determine appropriate pricing based on financial and competitive analysis, ensuring compliance with regulations.
- Prepare quotations and answer questions from brokers, policyholders, or other external contacts, escalating issues to management as necessary.
- Negotiate with brokers to reach positive and profitable outcomes, promoting products and services through the brokerage community.
- Provide guidance and assistance to other underwriters and functional areas, particularly in cross-sell opportunities.
- Stay current on state/territory issues and regulations, industry activity, and trends, sharing information with others.
- Collaborate with senior underwriters or management on risks exceeding authority level or requiring special handling.
Requirements
- Strong knowledge and experience of commercial underwriting and insurance industry theories and practices.
- High-level technical expertise and product-specific knowledge.
- Excellent interpersonal, communication, and negotiation skills, with ability to interact effectively with all levels of external business partners.
- Ability to work independently and identify, analyze, and solve problems.
- Rapid learning and adaptability, with strong ability to manage multiple concurrent projects.
- Independent judgment and critical business decision-making skills.
- Proficiency in Microsoft Office Suite and other business-related software.
- Leadership skills.
What We Offer
- Annual salary circa £60,000 depending on experience.
- Company pension scheme.
- Strong bonus based on performance.
- Extensive benefits package.
- Hybrid working pattern.
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