Underwriter - Commercial Combined Insurance

Job Description

Job Title - Commercial Underwriter - Existing Business Team

Job Market - Insurance / Underwriting

Job Location - Croydon 

 

Commercial Underwriter - About the role

Using your experience, you will be responsible for achieving retention targets across a range of commercial insurance products and motivating others to do the same. Ensuring technical compliance and maintaining broker and Insurance partner relationships.

Actively participate in EB Team activity ensuring the production of Renewal and Mid-term Amendment quotations in line with Underwriting guides

Commercial Underwriter - 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 and collective targets

Provide accurate and compliant Renewals and MTAs line with pricing levels, risk selection criteria and ensure that income and conversion objectives are achieved

To oversee all administrative duties required in connection to the above which includes but is not limited to, processing and administering policy documentation, initiating and monitoring surveys, mid-term adjustments, renewal review and negotiation and claims monitoring

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

Commercial Underwriter - 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