Assistant Underwriter - Commercial Insurance

  • Job Reference: TMPAssUnd
  • Date Posted: 10 January 2022
  • Recruiter: Massenhove Recruitment
  • Location: Surrey
  • Remote Working: Temporarily remote due to COVID-19
  • Salary: On Application
  • Sector: Underwriting and Underwriting Support
  • Job Type: Permanent
  • Contact: Tony Martin
  • Email: tmartin@massenhove.co.uk
  • Telephone: 0333 121 8000

Job Description

Job Title  - Assistant Underwriter - Commercial Insurance

Job Market - Underwriting / Existing Business

Job Location - 

 

Assistant Underwriter - Commercial Insurance - About the role

My client are looking for two assistant underwriters to join their team.

You will 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.

Assistant Underwriter - Commercial Insurance - Key duties

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

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

Assistant Underwriter - Commercial Insurance - Key requirements

Proven understanding of commercial Existing business underwriting

Good technical knowledge of commercial business, including commercial combined and property classes

Proven understanding of underwriting guidelines for all transactions (renewals, endorsements, cancellations, etc.). and ability to demonstrate a working knowledge of market

You need to be able to work well under pressure, have excellent communication skills both written and verbally, be computer literate, have a positive attitude and be a team player