Underwriter in Newcastle upon Tyne

Underwriter

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: This role can be based from any one of our regional Lycetts offices, including Newcastle, Edinburgh, Norfolk, Oxfordshire, Ludlow, Yorkshire, Northamptonshire, Godalming (hybrid working of 2 days working from home per week available upon successful completion of probation).

About The Role

Lycetts Insurance Brokers, part of Benefact Group, are looking for an Underwriter to join one of our regional offices. This is an opportunity to manage and expand a renewal portfolio, collaborate with brokers, shape new products, and build strong relationships with insurers.

Why join us?

Collaborative and inclusive culture committed to sustainability. Ranked among UK’s top 50 Best Large Companies to Work For 2024. Profits go to charity. Rapid growth in an innovative Group.

What You’ll Be Doing

• Play a key role in managing and growing a developing renewal portfolio
• Get involved in various binders across different sectors
• Work with the broking team to ensure a smooth renewal process, reviewing when necessary
• Help establish new products within the underwriting team, building relationships with insurers and account executives/handlers
• Be part of a growing team
• Offer expert advice and solutions to our broking arm

What You’ll Need to Have

• Previous insurance industry knowledge
• Clear communicator with the ability to work well in a team environment
• The ability to build and manage cooperative and productive relationships

What Makes You Stand Out

• Cert CII qualified

What We Offer

• A competitive salary – let’s discuss it
• Hybrid working available upon successful completion of probation
• Employer pension contribution of 5% rising to 10% after 5 years of membership
• Annual bonus scheme (discretionary, based on individual and company performance)
• Life Assurance cover up to 4x salary
• 25 days annual leave plus bank holidays (rising to 26 and 27 for 5 and 10 years’ service respectively)
• Career development opportunities with funded support and financial incentives for all professional qualifications
• An Employee Assistance Programme with a wide range of benefits to help employees stay healthy and feel supported

Hiring Manager’s Quote
The Lycetts underwriting team is working to achieve something that is extremely rare in the broking world, separating delegated authority from the broking arm of the business, and in turn developing a centre for underwriting excellence. The centre for excellence will provide underwriters of all levels the opportunity to grow and expand both personally and commercially, whilst providing a close knit support network.

About Us

The Lycetts Group has over 60 years’ experience of providing a comprehensive range of insurance, risk management and financial advice to a broad cross-section of commercial and private clients. We strive to be a trusted adviser to our clients and are proud of our continued high client satisfaction scores.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor for a decade, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.