Marine Trade Underwriter

3 weeks ago


Brighton, Brighton and Hove, United Kingdom Ardonagh Advisory Full time

Underwriter Role Overview

We are seeking a skilled Underwriter to join our Marine Trade team at Ardonagh Advisory. As an Underwriter, you will play a crucial role in analysing and underwriting new and existing business, interacting with brokers in our specialist market, and working as part of a diverse team in a fast-paced environment.

Key Responsibilities

  • Quote and set coverage, negotiate terms and conditions on Marine Trade New Business, Mid Term Adjustment and Renewals.
  • Underwrite in accordance with underwriting licenses and approval matrix.
  • Deliver against underwriting & financial measures as outlined in the N&G plan.
  • Build and maintain relationships with brokers, by listening, understanding, and meeting customer needs to support onboarding new business and retaining existing customers through delivering excellent service.
  • Provide administration support to ensure timely processing of policy transactions.
  • Support Ardonagh Advisory's culture by demonstrating trading and negotiation behaviours.
  • Resolve technical problems by referring to policies, procedures, specifications and on short-term, defined scope projects.
  • Administer and monitor underwriting rules and guidelines and insurance laws and regulations.

Requirements

  • Ideally CII qualified or working towards.
  • Proven underwriting experience is desirable.
  • A passion for the marine insurance industry.
  • Experience of working within an insurer, Broker Coverholder or MGA environment.
  • An understanding of the use of binding authority guidelines and authorities would be advantageous.
  • A working knowledge of legal and regulatory Insurance framework.
  • Understanding of relationship building, active listening, and win-win negotiating.
  • IT Skills: Microsoft Outlook, Word, Excel, Power Point.

What We Offer

  • Holiday entitlement of 26 days plus bank holidays, with an option for holiday trading.
  • Company funded membership for your CII/ACII qualification.
  • Life Assurance, Insurance and Income Protection.
  • Opportunity to progress your career across the entire Ardonagh Advisory family.
  • Gain CII or ACII qualifications to boost your knowledge and career prospects.
  • Pensions scheme for when you feel it's time to retire.
  • 24-hour support for physical and mental wellbeing.
  • 1 days paid volunteering day to give back to our communities.
  • The Spotlight Awards, where we shine a light on the brightest talent across our group.


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