At a Glance
- Tasks: Evaluate business risks and develop innovative insurance solutions.
- Company: Dynamic insurance firm focused on collaboration and client success.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth in a fast-paced, collaborative setting.
- Why this job: Join a team that empowers clients and drives industry innovation.
- Qualifications: University degree, professional certification, and 5-8 years of underwriting experience.
The predicted salary is between 51750 - 63250 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.
Our work is the catalyst that helps others achieve their goals.
In short, We Enable Possibility.
Key Responsibilities
- Determines the desirability of accepting or rejecting business risks.
Prices exposures in accordance with filed and approved rate levels, discretionary pricing mechanisms, and business unit guidelines.
- Identifies the need, recommends and evaluates additional risk assessment information including inspection, financial reports and statements.
- Coordinates individual risk underwriting actions with other departments to assure the highest level of customer satisfaction while meeting production and business goals.
- Performs product development and marketing activities including identifying producer relationships within assigned market to optimize best solutions for distribution, identifies and suggests new and modified products, identifies producers for business/marketing programs, and analyzes producers and market opportunities.
- Maintains ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyze and interpret coverage, explain underwriting requirements and expectations, and present terms.
- Regularly interfaces with customers to provide service and to keep abreast of customer issues.
- Sets ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
- Role Requirements
Skills / Competencies
- Planning and product development
- Client relationship management
- Technical and analytical skills
- Regulatory & compliance awareness
- Problem solving, negotiation & decision making
Qualifications
- University degree and professional certification desired with 5-8 years
- Working knowledge and understanding of ISO rating and rules.
Experience
- Minimum 5-6 years relevant experience in an underwriting position in the Contingency Market.
- Demonstrated competence in maintaining broker/client relationships.
- 14101 Arch Europe Insurance Services Ltd
- #J-18808-Ljbffr
Senior Underwriter, Contingency employer: Arch Insurance
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Branch Manager, you will not only lead a high-performance team but also have access to extensive professional development opportunities and a supportive environment that values teamwork and excellence in service delivery. Located in a vibrant area, our branch offers unique advantages such as strong community ties and the chance to make a significant impact in the local market.
