Description:
We are looking to recruit an Underwriter to join our growing Care Team based out of our Sale office.
Our Sale team is a fast-paced, collaborative group of dynamic professionals who are all driven to succeed. If you share this attitude, we look forward to hearing from you.
You will be responsible for managing a number of existing business risks, evaluating, underwriting, and renewing them. You will utilise your personal and professional skills, contacts, experience, and judgement to optimise both the short-term and long-term financial performance of the company.
How You'll Make An Impact
- Consistently meet mutually agreed financial measures.
- Maintain a high standard of personal organization to manage daily and weekly tasks.
- Contribute as a team player, supporting colleagues to achieve team new business targets.
- Develop a deep understanding of the products and services we offer.
- Provide professional advice to brokers.
- Build and maintain relationships with internal and external underwriters/insurers.
- Liaise and negotiate effectively with our insurer partner to obtain the best terms for clients.
- Compile and provide statistics as required by your line manager.
- Handle account queries in collaboration with brokers and the Accounts team.
- Present a positive and professional image of the company to staff, customers, insurers, and the public.
- Operate within the agreed personal delegated underwriting authority.
- Assist departmental staff with their workload as needed, especially during staff absences.
- Collaborate with Sales, Marketing, Agency, Accounts, and Claims departments.
- Adhere to agreed service standards and report complaints in line with company procedures.
- Act in accordance with FCA rules and company policies and procedures.
About You
- Excellent numeracy and literacy skills.
- Financial management skills.
- Accuracy in data use and entry.
- Proficiency in MS Office products (Outlook, Excel, Word, PowerPoint).
- Technical Knowledge and Understanding:
- Knowledge of the Care sector.
- Experience in the property/casualty insurer market.
- Effective use and understanding of technology for business transactions.
- Ability to develop opportunities.
- Knowledge of FCA requirements, particularly in data security and customer information management.
- Familiarity with company compliance procedures.
Experience:
- Understanding of coverage provided by Commercial Combined policies.
- Knowledge of internal underwriting processes and risk exposure monitoring.
- Negotiation, closing, and rapport-building skills.
- Comfortable and credible at decision-maker level.
- Detailed understanding of rating methods applied to our business.
- Awareness of the limitations of the company's delegated authority.
- Knowledge of company policies and procedures, including conflict of interest, complaints, and whistleblowing policies.