Motor Underwriter

  • Job Reference: TMCUnder
  • Date Posted: 12 May 2022
  • Recruiter: Massenhove Recruitment
  • Location: London
  • Salary: On Application
  • Sector: Broking and Broker Support, Underwriting and Underwriting Support
  • Job Type: Permanent
  • Contact: Tony Martin
  • Email: tmartin@massenhove.co.uk
  • Telephone: 0333 121 8000

Job Description

Insurance Broker / Underwriter

Job Market - Insurance Broking / Underwriting

Insurance Broker / Underwriter - About the role

The role is within the Underwriting Department with the purpose of providing quotations for New Business and Renewals, and to assist the Branch and be a referral point for the Assistants. The role requires dealing with clients over the phone and via e-mail to ensure retention and sales targets are maximised, through the provision of efficient communication & negotiation skills.

We are looking for a candidate who has good judgement, is analytical, pays great attention to detail, is flexible, self-motivated, driven & who delivers excellent customer service whilst adhering to their individual underwriting authority limits at all times and in accordance with the procedure manual.

Insurance Broker / Underwriter - Key duties & requirements

Understand the processes and procedures required to provide quotations & put forward suitable products to meet the client’s demands and needs.

Calculate New Business, Renewal & Mid-term Adjustment premiums in accordance with the specific carrier’s risk appetite and guidelines or liaise with insurers for all non- delegated authority business.

Calculate New Business, Renewal & Mid-term Adjustment premiums in accordance with the specific carrier’s risk appetite and guidelines or liaise with insurers for all non- delegated authority business.

Ensure that all product information provided is clear, fair and not misleading, allowing the customer to make an informed decision.

Maintain thorough and accurate records of all customer interactions.

Ensure that you remain compliant in everything that you do; including but not limited to treating customers fairly, contract certainty & vulnerable customers.

Excellent communication skills: written and oral

Ability to work alone and as part of a team

Must have 3 years minimum experience working within a broking or underwriting environment

Educated to GCSE level an advantage

Cert CII qualification an advantage