Technical Underwriter

5 days ago


London, Greater London, United Kingdom Cedar Underwriting Full time
Technical Underwriter - Commercial Combined

Job Title: Technical Underwriter

Reports To: Group MGA Director

Job Type: Permanent

Description:

Cedar Underwriting, part of the Stubben Edge Group, operates as the group's MGA Underwriting insurance for Intermediaries. We are seeking a Technical Underwriter to manage the underwriting of Commercial Combined products within the remit of our delegated authority. The role also involves underwriting property owners, contractors' liability, excess of loss, and other commercial contracts, along with handling referrals outside our Coverholders' authority via email, systems, or telephone.

Duties and Responsibilities:

  • Referral Management: Serve as the referral point for Coverholders on cases outside their authority via telephone and email.
  • Commercial Underwriting: Manage Commercial Combined quotations, MTAs, and renewals from Direct Brokers.
  • New Schemes Development: Collaborate with the Group MGA Director to develop new scheme wordings, Key Facts, and IPIDs for existing and new Coverholders, working closely with various Cedar teams to ensure agreed processes.
  • Technical Queries: Address technical queries related to wordings and act as a point of contact for both Coverholders and Insurers.
  • Market Research: Conduct market research to ensure Cedar maintains a competitive edge.
  • Peer Reviews: Conduct peer reviews with other Underwriting staff.
  • Binder Management: Assist in Binder Management, demonstrating methodical organisational skills and understanding of the Delegated Authority process.
  • Endorsements and Clauses: Write endorsements and clauses, ensuring a thorough understanding of policy wordings.
  • Survey Reviews: Review surveys and communicate requirements and recommendations to Coverholders or Direct Brokers.
  • Claims Referrals: Handle claims referrals from TPAs, demonstrating an in-depth understanding of insurance wordings and policy cover.
  • Training and Reporting: Deliver training presentations to Coverholders and Direct Brokers as required and provide monthly report updates for discussion with capacity holders.

Experience and Skills Required:

  • Demonstrable experience in commercial insurance products.
  • Proven experience in working collaboratively across different teams and stakeholders.
  • Strong technical knowledge and experience with insurance wordings across a wide range of Commercial Insurance products.
  • Excellent communication, analytical, and presentation skills.
  • Proficiency in Microsoft Word, Excel, Teams, and OneNote.

Personal Qualities:

  • Strong organisational and methodical skills.
  • Ability to communicate complex issues clearly and concisely.
  • Self-motivated with a proactive approach.
  • Team player with the ability to build and maintain strong relationships.

If you possess the required skills and enthusiasm for this role, we would love to hear from you. Please send your CV and a cover letter explaining your motivation for applying and how you meet the required skills and experience. Click 'Apply' now to submit your application.

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