Assistant Underwriter
5 days ago
**Assistant Underwriter**:
- Bristol**
**The company: Marsh/Victor**
Victor and its businesses operate as Managing General Agency (MGA), offering a wide range of property, liability, motor and specialty insurance products in the UK.
Victor Insurance is part of Marsh and McLennan Companies (MMC) - a global network of experts in risk, strategy and people. For over 140 years, Marsh & McLennan Companies (MMC) has supported enterprise, helping clients realise, survive and grow in changing times.
Marsh is a leader in insurance broking and innovative risk management solutions, we help clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk with over 35,000 colleagues operating in more than 130 countries.
**The role: Assistant Underwriter**
We have a fantastic opportunity for an experienced **Assistant Underwriter **to join our Financial Lines team based in Bristol
You will be expected to carry out a wide range of underwriting and administration activities relating to authorised products. The role will be involved in executing the company strategy and contributing to the achievement of our financial plans. In addition, the role is responsible for providing a superior customer service and delivering the required product profitability.
This position could suit someone from either a Commercial Insurance/Financial Lines background looking to move in to underwriting or someone in a professional/financial services administration type role looking to move into insurance
Whilst based in Bristol, the role does offer work from home flexibility with the expectation to only be in the office twice per week.
**What can you expect?**
- We offer a platform to build on existing skill sets and knowledge and also an opportunity to learn new skills in a continuous improvement environment
- To build and maintain excellent relationships with our colleagues across the business
**What you will be rewarded with?**
- Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
- Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.
- You will get in-depth on the job training and learn about insurance, insurance broking as well as building relationships within the business and outside with our partners.
**We will rely on you to**:
- Contribute to and implement the underwriting strategy for all products, working within our established risk appetite
- Directly contribute towards financial KPI’s, including balancing the achievement of revenue without any detriment to underwriting profitability
- Deliver Marsh/Victor service levels on all authorised products
- Ensure that TCF is a part of the organisation’s culture and behaviours
- Have awareness of and ensure adherence of all regulatory requirements, guidelines and working practices - both internally and externally
- Manage quality first and underwriting peer review requirements to identify areas for underwriting and product improvement
- Act within underwriting authority
- Build strong relationships with broking partners
- Build strong relationship with internal stakeholders
- Be responsible for own personal technical and skill set progression
- Complete project work as per briefs and provide appropriate feedback as to projects goals and aim
- Provide administration and servicing support to the team and individual underwriters as required
**What you need to have**:
- An understanding of the commercial insurance market
- Experience of working in teams and successful record of delivering results
- Excellent communication skills
- Good organisational skills to ensure that company processes and procedures are maintained
- Communicating, influencing, negotiating and relationship building skills
- Strong customer service ethos
- Strong personal drive and results orientation
**What makes you stand out**:
- Underwriting experience
- 1 - 3 years in commercial insurance is an advantage
**About us**
Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.
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