Job Description
Job Title: Senior Underwriter Location: Birmingham / Hybrid role Salary: £56,000 - £61,000 per annum + £7,300 bonusFull Time
Benefits: 25 Days Holiday plus bank holidays, Company Sick Pay, Retirement Savings Plan, Life Insurance, Income Protection Plan, BUPA Healthcare Plan/Private medical insurance, Eyesight Testing, Employee Assistance Programme, Cycle to Work, Season Ticket Loan, Employee Discount
Our client is a leading name in insurance globally, who are looking to hire a Senior Underwriter to join their team based in Birmingham on a hybrid basis. This role will underwrite across multi-line package & combined business within the UK Commercial SME Package line of business including shops & salons, leisure, manufacturing & wholesale, property owners, offices and surgeries.
Responsibilities
- Monitor portfolio performance of each facility on a quarterly basis, assessing both underwriting results and trends.
- Work with the Operations team to generate portfolio reports in agreed form highlighting key trends and recommend actions to develop/ remedy underwriting results.
- Conduct quarterly business reviews with key broker partners and manage external business relationships to achieve desired performance metrics.
- Handle the more complex referrals from the team in a timely and efficient manner.
- Provide training and support to junior underwriters and the service center team.
- Support the development of new products and/or product enhancements
- Work with broker partners to actively seek ways to grow and expand existing facilities
- Always adhere to underwriting and pricing authorities, standards and business rules
- Contribute to the SME Package production and profitability metrics.
- Maintain a comprehensive electronic file for each assigned facility and ensures all documentation is stored in a consistent and compliant manner
- Comply with key regulatory, conduct and risk management requirements and responsibilities.
- Help identify and implement fast and easy solutions to reduce expense, deliver efficiencies, maximise ROE and provide strong customer outcomes
- Execution and adherence of the UK Third Party Management Framework & Global Portfolio Solutions Framework
Requirements
- Proven underwriting experience in a commercial SME package environment
- Technical expertise in Property & Casualty lines of business essential
- Ability to work across multiple work streams at any one time and prioritise accordingly
- Able to demonstrate experience in portfolio or facility management
- Experience of working with digital trading platforms
- Ability to deliver results whilst working as part of a team
For more information, please contact Jamie Watson at Clearline Recruitment.
