Commercial Underwriter

2 weeks ago

London, Greater London, United Kingdom Citynet Underwriting Services Full time
Underwriter Role at Citynet Underwriting Services

We are seeking an experienced Underwriter to join our team at Citynet Underwriting Services, a leading Lloyd's broker specialising in commercial business underwriting. As an Underwriter, you will play a crucial role in achieving retention targets across a range of insurance products and motivating others to do the same.

Key Responsibilities:
  • Prepare and provide New Business, Renewal, MTA, and quotations to Broker Partners based on personal authority limitations.
  • Provide accurate and compliant New Business, Renewals, and mid-term adjustments in line with pricing levels, risk selection criteria, and ensure income and conversion objectives are achieved.
  • Oversee all administrative duties required in connection to the above, including processing and administering policy documentation, initiating and monitoring surveys, mid-term adjustments, renewal review and negotiation, and claims monitoring.
  • Build excellent working relationships with delegated authorities and supporting brokers.
  • Maintain accurate and detailed records of all customer contact and ensure the delivery of high-quality service, appropriate to the needs of Broker or Insurer.
  • Underwrite business according to current strategy within individual level of delegated authority.
Requirements:
  • Minimum 2 years experience working in an underwriting role.
  • Proven understanding of commercial business underwriting.
  • Good technical knowledge of commercial business, including commercial combined and property classes.
  • Proven understanding of underwriting guidelines for all transactions (new business, renewals, endorsements, cancellations, etc.) and ability to demonstrate a working knowledge of the Irish market.
What We Offer:
  • Competitive salary.
  • Competitive holiday allowance with the annual option to buy additional days.
  • Death in Service benefit of x4 salary.
  • Company pension scheme.
  • Enhanced maternity and paternity leave packages.
  • A flexible benefits package which allows you to add additional benefits to your overall package.
  • Our benefits portal offers discounts on technology and electronics, cinemas, restaurants, days out, mortgage advice, travel, and many more.
  • Discounted rates on PIB products.
  • We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking, and much more.
  • If supporting the local community, engaging with charities, and having the opportunity to 'give something back' interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
  • We also offer a wide range of discounts, including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects, and much more.
  • PIB has a comprehensive learning and development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development.
  • Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity.
  • PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB's carbon footprint.

We are proud of our success and growth and have been recognised for many industry awards across our business. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for.

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