Trading Underwriter

Trading Underwriter

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Evaluate risks and exposures for home insurance, ensuring excellent service to brokers.
  • Company: Join Plum Underwriting, a growing team with a focus on innovation and collaboration.
  • Benefits: Negotiable salary, bonuses, pension, holidays, and full funding for professional qualifications.
  • Other info: Supportive management team dedicated to staff development and diversity.
  • Why this job: Make an impact in the insurance industry while developing your skills and career.
  • Qualifications: Experience in underwriting mixed property portfolios and strong communication skills.

The predicted salary is between 40000 - 50000 £ per year.

Location: Basildon

Salary: Negotiable

Role Overview

We’re strengthening our team at Plum Underwriting and looking for a Trading Underwriter to join the team as we continue to grow. The role of the Trading Underwriter is to evaluate the risk and exposures of customers for new business, mid-term adjustments and renewals, and to quote, convert and retain business to meet budget and underwriting performance targets for the range of specialist home insurance products throughout all Plum’s distribution channels, ensuring Plum provides excellent service to its brokers at all times.

Responsibilities

  • Underwrite in accordance with the Plum Internal Underwriting Guide and the underwriting authority awarded.
  • Trade with brokers to maximise conversion and retention within your authority.
  • Monthly reporting to line manager.
  • Renewal/Existing and new business control.
  • Take underwriting referrals from other offices where outside individuals have authority.
  • Understand, support and drive income, conversion and retention objectives.
  • Assist in the development of new and existing products.
  • Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
  • Underwrite while protecting the interest of our capacity providers.

Qualifications

  • Experience successfully underwriting a mixed household/commercial property portfolio.
  • Strong communication (written and verbal), sales, negotiation, analytical and IT skills.
  • Previous experience within an MGA business highly beneficial.

Benefits

  • Negotiable basic salary + bonus.
  • Normal benefits: pension, holidays, etc.
  • Full funding for relevant professional qualifications and ongoing personal development.
  • Management team passionate about developing staff.

Contact

For more information apply online or contact Dan Hurley.

Equal Opportunity Statement

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Trading Underwriter employer: 897 Brown & Brown (Europe) Limited

At Plum Underwriting, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters professional growth and development. Located in Basildon, our team enjoys a supportive environment with full funding for relevant professional qualifications, competitive salaries, and a management team dedicated to nurturing talent. Join us to be part of a diverse team that values your contributions and provides opportunities for meaningful career advancement in the insurance sector.

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Contact Details:

897 Brown & Brown (Europe) Limited Recruitment Team

We think you need these skills to ace Trading Underwriter

Risk Evaluation
Underwriting Skills
Broker Negotiation
Sales Skills
Analytical Skills
Communication Skills
IT Skills