Delegated Authority Scheme Underwriter
3 weeks ago
This role involves managing and optimizing clients' delegated authority schemes to ensure their success and profitability.
You will excel at taking initiative and fostering collaboration among internal and external stakeholders to drive mutual growth.
The position offers hybrid working arrangements, allowing for flexibility and work-life balance.
Key Responsibilities:- Broker Relationship Management: Build and maintain strong relationships with a designated panel of brokers, generating profitable business opportunities.
- Scheme Development and Analysis: Work closely with partner brokers, underwriting, and operations teams to review scheme performance, identify growth opportunities, and enhance propositions and profitability.
- Performance Improvement: Investigate poorly performing accounts, analyze high loss ratios, and implement corrective measures in collaboration with senior underwriters.
- Strategic Planning: Contribute to the department's strategic goals, including setting budgets, KPIs, and aligning activities with the development plan.
- At least 3 years of experience managing delegated authority accounts, preferably with an insurer or MGA.
- Proven expertise in relationship management, with strong communication and interpersonal skills.
- Effective negotiation skills with the ability to empathize and influence.
- Strong organizational and time-management skills, capable of meeting deadlines.
- Comprehensive knowledge of the UK insurance market, underwriting practices, and regulatory requirements.
We offer a competitive salary of up to £100,000, depending on experience. This opportunity is ideal for a proactive, detail-oriented professional seeking to leverage their expertise in delegated authority underwriting within a dynamic, collaborative environment.
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