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Underwriter

2 weeks ago

Colchester, United Kingdom TIME Appointments Ltd Full time

Our client is a market leader in providing insurance products. Based in Colchester, they work with insurers and other third parties, focusing upon delivering bespoke solutions providing exceptional service. Their business model involves outsourcing legaladvice and the legal conduct of claims to top quality law firms.

They are currently looking to add an Underwriter to their team. You will be responsible for the development of pricing proposals in line with the binding authority agreements. You will support the relationship of third-party capacity providers for the requirementof pricing and all general underwriting matters.

Key duties:

- Liaising with underwriters in the provision of information to assist them in agreeing proposals
- Periodic review of underwriting paper templates, TCF scorecard to ensure suitable for use
- Assisting the wider group in the production and refresh of pricing models as required
- Support in the development of the quote system with the integration of new business
- Implementation of any changes in process agreed with underwriters effecting pricing
- Review the performance of existing scheme business to a set monthly, quarterly, bi-annual, or annual schedule as appropriate
- Develop renewal terms for all live scheme arrangements, providing written evaluation and justification of new terms
- Recommend renewal terms to the Commercial team and support the Commercial team with renewal submissions / presentations as appropriate

Previous Skills & Experience:

- 3+ years experience as an Underwriter
- Excellent Excel skills and analytical skills
- Excellent attention to detail