Assistant Underwriter

4 days ago


Croydon, United Kingdom Cobra Underwriting Agencies (CUA) Full time

Q Underwriting are hiring for an Assistant Underwriter-Existing Business, to join their successful team.
**Job Purpose**:

- Actively participate in EB Team activity ensuring the production of Renewal & Mid term Amendment quotations in line with Underwriting guides, Service Level Agreements & within business operating standards
- Be responsible for achieving retention targets across a range of insurance products and motivating others to do the same. Ensuring technical compliance and maintaining broker and Insurance partner relationships.
- The provision of excellence in service and TCF through adherence to company procedures and regulatory requirements.

**Responsibilities**:

- To prepare and provide Renewal and MTA quotations to Broker Partners based on personal authority limitations
- Instigate regular dialogue with Broker Partners on allocated renewals to secure renewal instruction and achieve individual & collective targets
- Provide accurate and compliant Renewals and mid-term adjustments in line with pricing levels, risk selection criteria and ensure that income & conversion objectives are achieved
- To oversee all administrative duties required in connection to the above which includes but is not limited to, processing & administering policy documentation, initiating & monitoring surveys, mid-term adjustments, renewal review & negotiation & claimsmonitoring.
- Contribute to a successful audit score both on individual and business audits.
- Achieve individual income target from renewal allocation.
- Contribute to the wider achievement of team and business unit targets by delivering on all monthly KPIs
- Maintain accurate and detailed records of all customer contact and ensure the delivery of high-quality service, appropriate to needs of Broker or Insurer needs.
- Underwrite business according to current strategy within individual level of delegated authority

**Skills and Requirements**:

- Minimum 5 GCSE, Grades A-C including English and Maths.
- Experience of working within a Regulated FCA environment desirable.
- Basic Understanding of the Broker market & ability to develop effective broker relationships
- Basic understanding of underwriting guidelines for all transactions (renewals, endorsements, cancellations, etc.). and ability to demonstrate a working knowledge of market
- Computer Literate and able to work on new systems to record and produce accurate MI.
- Able to work well under pressure and ability to adapt and remain flexible in approach
- Positive approach at all times.
- Lead from the front.
- Team player
- Delivering Solutions.
- Big Picture Thinking.
- Drive and Resilience.
- Understanding of the FCA T&C role and importance of Compliance within regulated industry.
- Working towards Certification CII qualification

**Further information**
As well as a competitive salary we offer the following benefits
- Competitive holiday allowance with the annual option to buy additional days
- Death in Service benefit of x4 salary
- Company pension scheme
- Very generous 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 & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
- Referral schemes
- 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 with lots of other options to choose
PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
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 reducePIB’s carbon footprint.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
REF-203545



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