Hybrid - London based, ideally 3 days in the London office
Job Description:
Our clients have a fantastic senior underwriting opportunity to support the technical management and delivering of an efficient case underwriting service to brokers. You will ensure that income and profit objectives are achieved with excellent customer service in conjunction with the local strategy and financial plan. Solid underwriting property & casualty commercial underwriting experience is a pre-requisite for this role, ideally on a portfolio basis. You must have experience of working with delegated authority schemes and trading experience in commercial lines insurance. You will be responsible for portfolio management including capacity liaison, ensuring compliance with binding authority agreements and ensure all findings are actioned as appropriate. You will undertake referral cases above the authority levels of underwriters under the jobholders control and provide technical expertise on both ongoing and new schemes, as well as on-going account management of own products.
Key Responsibilities -
Key contact for referrals across range of products
Conduct regular case reviews to ensure that technical procedures and standards are always followed
Support the personal development of the underwriting staff in the office by delivering technical guidance
Support management of delegated authority arrangements
Ensure that Commercial Underwriting guidelines are set and met, monitored and managed to achieve target underwriting margins
Complete the auditing of cover holders
Be actively involved in monitoring account performance and assess profitability against target loss ratio and underwriting costs and expenses.
Dealing with policy and underwriting queries from cover holders
Reporting on performance of schemes and products
Understand best industry practice and use this to develop underwriting capability
