At a Glance
- Tasks: Manage underwriting cases and collaborate with brokers to achieve financial goals.
- Company: Dynamic insurance company focused on collaboration and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to work with talented colleagues and solve complex business problems.
- Why this job: Join a team that enables possibilities and makes a real impact in the insurance industry.
- Qualifications: 2 years' underwriting experience and strong negotiation skills.
The predicted salary is between 58540 - 71548 £ 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.
Role Summary and Purpose
To achieve income and profit objectives through the delivery of efficient case underwriting, ensuring that all underwriting decisions align with internal guidelines, appetite and regulatory requirements.
Working closely with brokers and internal stakeholders to achieve divisional strategy, financial plan and personal objectives.
- Key Tasks and Responsibilities
- Manage own cases (renewal and/or new business), writing within appetite, and underwriting authority.
- Handle referral cases for Underwriters/Apprentices with less experience, whilst adhering to individual authority level.
- Maintain accurate records and documentation of underwriting decisions.
- Adopt and adhere to company and NUH prescribed processes and best practice / standard work.
- Support the Company’s QA procedures by conducting case reviews, when required, to ensure that technical procedures and standards are followed.
- Work towards divisional retention, conversion, rate and loss ratio targets.
- Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.
- Display strong negotiation skills that aide conversion and relationships with all key brokers.
- Maintain and enhance personal knowledge of relevant technical topics.
- Work collaboratively with other parts of the organisation, most notably the UKR regional offices.
- Role Requirements and Skills
Skills / Competencies
- At least 2 years' experience in underwriting
- Being able to negotiate flexibly and appropriately
- Effective selling skills
- Strong organisational skills
- Risk Perception
- Pricing of risk accordingly
- Successfully developing effective trading relationships
- Consistently achieving goals and objectives
- Experience working across functions / matrix organisation to collaborate and build strong relationships
- Operational effectiveness and efficiency
- Clear and effective communication
Qualifications
- Minimum A level standard preferred
- Professional Certification – progress towards Cert CII preferred
Experience
The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
- 14101 Arch Europe Insurance Services Ltd
- #J-18808-Ljbffr
Underwriter in Colchester employer: archgroup
archgroup is an exceptional employer that fosters a dynamic and supportive work culture in Glasgow, where innovation and collaboration thrive. With a strong focus on employee growth, we offer comprehensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Join us to be part of a company that values your contributions and is committed to making a meaningful impact in the insurance industry.
