At a Glance
- Tasks: Join our team to shape underwriting strategies and manage commercial property risks.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and professional growth opportunities.
- Other info: Join a diverse team that values inclusion and personal development.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Extensive underwriting experience and strong communication skills required.
The predicted salary is between 50000 - 65000 £ per year.
Responsibilities
Responsible for the contribution towards and implementation of the underwriting strategy within the Underwriting Team.
Executes and monitors the underwriting activities with regular contact with the Underwriting Management Team.
In liaison with the Head of Commercial Property, is responsible for the execution of the International Strategy.
- Results
- Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
- Proactively manages renewals, renewal change, and new business to achieve premium plan.
- Executes portfolio management strategies to drive a better loss ratio and achieve plan.
- Proactively manages direct commissions and direct expenses to achieve plan.
- Underwriting and Compliance
- Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
- Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
- Works collaboratively with support areas to meet service standards.
- Distribution/Customer Management
- In collaboration with Underwriting Leadership, proactively manages distribution partners. Acts as broker liaison for assigned products.
- Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
- Leadership and Personal Development
- Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
- Acts as product line expert for area of expertise.
- Organises and provides technical training to junior personnel.
- Promotes a diverse and inclusive culture.
- Acts as an effective role model for others.
- Performs training within agreed timeframes
Qualifications
- Extensive underwriting experience and knowledge in the Class of Business.
- Sound commercial and financial knowledge.
- Knowledge of the insurance regulatory environment.
- Strong communication, negotiation and interpersonal skills.
- Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
- Ability to exercise individual judgment and effectively make sound business decisions.
- Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
- Outcome focused, self-motivated, flexible and enthusiastic.
- Ability to work within and promote a diverse and inclusive culture.
Commercial Property Underwriter employer: Berkley
As a leading employer in the insurance sector, we offer our Commercial Property Underwriters a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development plans and comprehensive training opportunities, all while promoting a diverse and inclusive culture. Located in a vibrant area, we provide competitive benefits and a supportive atmosphere that empowers our team to excel and achieve their professional goals.
