Job Description:
Our clients have an exciting underwriting opportunity in the Social Care Sector. A growing sector, to include care homes for the elderly, hospitals and rehabilitation clinics for addictions such as drugs & alcohol etc. Alongside underwriting an important part of the role will be developing and enhancing broker relationships. Systems are in place in respect to rating the smaller cases, but quotes can be as big as £900k especially if the insured is a large corporate entity with multiple sites. This role would suit an experience P&C underwriter who is happy to specialise and keen to develop liability expertise.
Key Responsibilities / Accountabilities -
- Generate and underwrite both New & Renewal business in accordance with the shared
business plan and profile of target insurance business set by our clients and in
accordance with the binding authority granted to the company.
- To work with the existing broker panel to forge relationships and trust and extend the
panel to include new brokers where appropriate.
- To produce and maintain underwriting files for both internal and external viewing and to
prepare for audit. This could involve both paper and computerised records.
- To generate profit for our clients through the company’s strategic objectives.
- Resolving any outstanding underwriting related tasks/matters in a timely and efficient
manner to enable support functions, including claims, finance and compliance to fulfil
their responsibilities with the minimal impact/issues.
- To successfully quote new business, assessing risks and underwriting from a cover and
rating basis within risk appetite; providing contract certainty, territories, underwriting
performance, limits of liability.
- To successfully input quotations and issue certificates competently on the required
underwriting platform, managing issues associated with the platform.
- Work with the underwriter’s system to produce certificates, policy wordings and
bordereaux.
- To develop an effective annual business activity planning process with our brokers and
have a good knowledge of our client’s overall business plans, processes and key
contacts.