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    • Underwriting

    Ref:42776

     Job Title: Commercial Underwriters

    Location: Surrey

    Package: £45,000

    Type: Permanent

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    Job Purpose:

     

      

    Actively participate in Existing Business Team activity ensuring the production of Renewal & Mid-term amendment quotations in line with underwriting guides, Service Level Agreements & within business operating standards. Using your experience, you will be responsible for achieving retention targets across a range of insurance products and motivating others to do the same. Ensuring technical compliance and maintaining broker and Insurance partner relationships. The provision of excellence in service and TCF through adherence to company procedures and regulatory requirements.

     

     

    Job Responsibilities: 

     

    • To prepare and provide Renewal and MTA quotations to Broker Partners based on personal authority limitations
    • Instigate regular dialogue with Broker Partners on allocated renewals to secure renewal instruction and achieve individual & collective targets
    • Provide accurate and compliant Renewals and mid-term adjustments in line with pricing levels, risk selection criteria and ensure that income & conversion objectives are achieved
    • To oversee all administrative duties required in connection to the above which includes but is not limited to, processing & administering policy documentation, initiating & monitoring surveys, mid-term adjustments, renewal review & negotiation & claims monitoring.
    • To act as a Technical Referral point & mentor for other Team members
    • Contribute to a successful audit score both on individual and business audits.
    • Achieve individual income target from renewal allocation.
    • Contribute to the wider achievement of team and business unit targets by delivering on all monthly 
    • Maintain accurate and detailed records of all customer contact and ensure the delivery of high-quality service, appropriate to needs of Broker or Insurer needs.  
    • Underwrite business according to current strategy within individual level of delegated authority 
    • Attend business functions (such as BIBA) as and when required.

     

     

    Qualifications & Skills:

     

    • Minimum 5 GCSE, grades A-C including English and Maths.
    • Experience of working within a Regulated FCA environment desirable
    • Proven understanding of commercial Existing business underwriting.
    • Good past history of achieving Existing Business objectives.
    • Ability to demonstrate a working knowledge of wordings and products.
    • Good technical knowledge of commercial business, including commercial combined and property classes
    • Understanding of the Broker market & ability to develop effective broker relationships
    • Proven understanding of underwriting guidelines for all transactions (renewals, endorsements, cancellations, etc.). and ability to demonstrate a working knowledge of market
    • Works well under pressure and ability to adapt and remain flexible in approach

     

     

    If you have the relevant experience or know someone that does please contact us now on 01992 445 710 or email us at admin@lawesgroup.co.uk

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    To view all Current Vacancies or for more information on our Refer a Friend scheme, contact one of our consultants or visit our website www.lawesgroup.co.uk

    Please Note: Due to the sheer volume of applications we receive, we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.

     

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