At a Glance
- Tasks: Manage underwriting cases and build strong relationships with brokers.
- Company: Join a well-established insurance business with a collaborative team.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Other info: Opportunity to enhance your knowledge and work with a dynamic team.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: 2+ years in underwriting and experience in commercial insurance.
The predicted salary is between 58540 - 71548 £ per year.
Lawes Consulting Group are working with a well-established insurance business seeking an experienced Underwriter to join their team in Colchester. This is a great opportunity for a commercially minded underwriter to achieve income and profit objectives through the delivery of efficient case underwriting, working closely with brokers and internal stakeholders to support divisional strategy and financial plan objectives.
RESPONSIBILITIES
- Manage own cases (renewal and/or new business), writing within appetite and underwriting authority.
- Handle referral cases for Underwriters and Apprentices with less experience, adhering to individual authority level.
- Maintain accurate records and documentation of all underwriting decisions.
- Adopt and adhere to company-prescribed processes, best practice and standard work.
- Support QA procedures by conducting case reviews when required, ensuring technical procedures and standards are followed.
- Work towards divisional retention, conversion, rate and loss ratio targets.
- Establish and maintain strong personal relationships with broking partners to enhance the company's standing and presence nationally.
- Display strong negotiation skills to aid conversion and relationships with all key brokers.
- Maintain and enhance personal knowledge of relevant technical topics.
- Work collaboratively with other parts of the organisation, including regional offices.
EXPERIENCE
- Minimum of 2 years' experience in underwriting.
- Experience working in the Commercial Insurance industry.
- Proven track record of successfully developing and maintaining effective trading relationships.
- Experience working across functions and matrix organisations to collaborate and build strong relationships.
- Consistently achieving goals and objectives within a structured, organised and planned manner.
SKILLS
- Strong risk perception and ability to price risk accordingly.
- Effective negotiation skills — flexible and appropriate in approach.
- Confident selling and trading skills.
- Strong organisational skills with operational effectiveness and efficiency.
- Clear and effective communication, both written and verbal.
EDUCATION / QUALIFICATIONS
- Minimum A Level standard preferred.
- Progress towards Cert CII preferred.
Locations
Commercial Underwriter in Colchester, Essex employer: Lawes Consulting Group
At Lawes Consulting Group, we pride ourselves on being an excellent employer that values and nurtures talent within a supportive and collaborative environment. As a Property Loss Adjuster based in Glasgow, you will benefit from a strong focus on employee development, a diverse portfolio of claims to manage, and the opportunity to work closely with industry professionals, all while enjoying the vibrant culture of Scotland's largest city.
