Job Title - Senior Commercial Underwriter
Job Market - Underwriting
Senior Commercial Underwriter - About the role
You will actively participate in Existing Team activity ensuring the production of Renewal & Mid-term Amendment quotations. 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.
Senior Commercial Underwriter - Key duties
To prepare and provide Renewal and MTA quotations to Broker Partners
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 assist Team leader with the training of other Team members and peers.
Contribute to a successful audit score both on individual and business audits.
Achieve individual income target from renewal allocation.
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
Senior Commercial Underwriter
Good technical knowledge of commercial business, including commercial combined and property classes.
Proven understanding of commercial Existing business underwriting.
Good past history of achieving Existing Business objectives
Experience of working within a Regulated FCA environment desirable.
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