Trading Underwriter

Trading Underwriter

Full-Time 45000 - 55000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Drive profitable business acquisition and retention in a dynamic underwriting role.
  • Company: Join a forward-thinking company committed to diversity and inclusion.
  • Benefits: Home-based role with travel opportunities, competitive salary, and professional development.
  • Why this job: Make an impact in the marine trade sector while developing your skills.
  • Qualifications: Cert CII essential; strong underwriting knowledge and decision-making skills required.
  • Other info: Collaborative environment with excellent career growth potential.

The predicted salary is between 45000 - 55000 £ per year.

We currently have an exciting opportunity to join our team as a Trading Underwriter. You will work in collaboration with our Brokers, and the Technical and Business Development Teams in driving the acquisition and retention of profitable, target business in line with company underwriting strategies and business plans across the portfolio of Geo Marine Trade Products including Navigators & General Trade.

You will be responsible for generating and underwriting new business opportunities and maximising existing business retention whether that be individual risks, portfolios, or new product lines, profitably and in line with company underwriting practices, risk appetite and within regulatory requirements. This is a homebased role but there is an expectation that the successful individual will travel to our key marine hubs in Brighton and Cheltenham in the course of your duties as required.

What you will do as a Trading Underwriter:

  • Initiate and develop new underwriting opportunities across relationships and products
  • Demonstrate strong technical capability, and trading and negotiating skills in the attainment of retaining and acquiring business.
  • In collaboration with the RDM team, develop and maintain key account underwriting relationships
  • Maintain working knowledge and trading ability across all relevant Geo Marine binders for the assigned product area
  • Deliver coaching, development support and/or group training as required by the business including training needs analysis and working with stakeholders to develop and deliver new training material.
  • Underwrite / take underwriting lead on complex risks
  • Act as technical referral as required within awarded license authority
  • Act as SME (Subject Matter Expert) on relevant strategic projects
  • In collaboration with the technical team, develop new underwriting opportunities across existing and potential relationships and support the underwriting of sales initiatives
  • Lead onsite triage/trading sessions with Brokers
  • Acquire and retain profitable target business in line with prescribed underwriting strategies, business plans, financial performance targets and individual productivity expectations
  • To underwrite within the business delegated authority and individual licenses awarded
  • To develop and maintain strong internal and external trading relationships
  • To proactively deliver a high level of customer service
  • Achieve a high quality of underwriting and record keeping, as demonstrated, and monitored through quality assurance monitoring.
  • To achieve key team and individual targets assigned
  • Work within agreed company standards
  • Ensure all mandatory modules and CPD records are always up to date
  • To contribute positively to Geo Marine and Leisure culture

What we are looking for in our next Trading Underwriter:

  • Cert CII essential. DIP CII/ ACII preferred
  • Underwriting knowledge and ability including specialist market and product knowledge
  • Advanced level of specialist market and specialist product knowledge
  • Proven, effective training style (Train the trainer essential)
  • Proven ability to write profitable business in the Marine Trade specialist market
  • A working knowledge of the legal and regulatory insurance framework
  • Exceptionally strong decision-making confidence and ability.
  • Ability to communicate effectively at all levels with internal and external stakeholders.
  • Highly organised with a focus on individual and business objectives, priorities and deliverables.

Trading Underwriter employer: Everywhen, part of the Ardonagh Group

Join a dynamic team as a Trading Underwriter, where you will thrive in a supportive and inclusive work culture that values diversity and empowers employees to reach their full potential. With opportunities for professional growth through training and development, and the flexibility of a home-based role complemented by travel to our vibrant marine hubs in Brighton and Cheltenham, this position offers a unique blend of autonomy and collaboration in driving profitable business strategies.
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Contact Detail:

Everywhen, part of the Ardonagh Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Trading Underwriter

✨Tip Number 1

Network like a pro! Reach out to your connections in the marine trade industry and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about openings that aren't even advertised yet.

✨Tip Number 2

Prepare for those interviews by brushing up on your technical knowledge and underwriting skills. Be ready to discuss how you can drive profitable business and maintain strong relationships with brokers. Show them you mean business!

✨Tip Number 3

Don’t forget to showcase your training abilities! If you've got a knack for coaching and developing others, make sure to highlight this during your conversations. Companies love candidates who can uplift their teams.

✨Tip Number 4

Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team. Let’s get you that Trading Underwriter role!

We think you need these skills to ace Trading Underwriter

Underwriting Knowledge
Technical Capability
Trading and Negotiating Skills
Relationship Management
Coaching and Training Skills
Complex Risk Underwriting
Subject Matter Expertise (SME)
Customer Service
Record Keeping
Decision-Making Confidence
Communication Skills
Organisational Skills
Knowledge of Legal and Regulatory Framework
Cert CII
DIP CII/ACII

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Trading Underwriter role. Highlight your underwriting experience, especially in the Geo Marine Trade Products area. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role and how you can contribute to our team. Be sure to mention any relevant certifications like Cert CII.

Showcase Your Technical Skills: Since this role requires strong technical capability, make sure to showcase your underwriting knowledge and decision-making skills. We love seeing examples of how you've successfully managed complex risks in the past.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Everywhen, part of the Ardonagh Group

✨Know Your Underwriting Inside Out

Make sure you brush up on your underwriting knowledge, especially in the Geo Marine Trade Products area. Familiarise yourself with the specific products and risks you'll be dealing with, as well as the company's underwriting strategies and risk appetite.

✨Showcase Your Technical Skills

During the interview, highlight your technical capabilities and trading skills. Be prepared to discuss examples of how you've successfully acquired and retained business in the past, and how you can apply those experiences to this role.

✨Build Rapport with Stakeholders

Since this role involves collaboration with Brokers and various teams, practice how you would establish and maintain strong relationships. Think of ways to demonstrate your communication skills and ability to work effectively with both internal and external stakeholders.

✨Prepare for Scenario Questions

Expect questions that assess your decision-making confidence and problem-solving abilities. Prepare for scenarios where you might need to underwrite complex risks or lead training sessions, and think about how you would approach these situations.

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