Policy / Underwriting Manager

Recruiter
Options Resourcing Ltd - Commercial
Location
Haywards Heath, West Sussex
Salary
£25000 - £30000/annum
Posted
08 Jul 2017
Closes
07 Aug 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
PURPOSE: Our client is looking for an experienced Underwriter to ensure all insurance products are priced and underwritten accurately, reflecting the full costs and expenses incurred in transacting the business through differing distribution channels and methods together with required profit margins, whilst supporting the growth targets of the business. To manage and oversee all challenges to the policy premiums, logging and responding to challenges and instructing external costs experts where required and economical to do so.

RESPONSIBILITIES:

The consideration of applications and the preparation of quotations for insurance producst as required

Recommend terms and rating for the business and prepare these for submission

Liaise with Customer Support Managers, Business Development Managers and accounting functions to ensure that the pricing provided accurately reflects the products and services provided and confirmed in the business agreements

To perform the monitoring of profitability for the insurance products, both overall and by the client

Maintenance of the risk database by the recording of quotations by type and value

Assess all challenges to the policy premium, logging challenges, referring internally where required, instructing and liaising with cost experts where justified and respond to all challenges & reduction requests

Answer the phone, deal with enquiries or take messages

Organise and sort incoming correspondence

Cover for the Case, Audits and Complaints Manager as and when required

Report in client & competitor activities

Options Resourcing is acting as an employment business in relation to this vacancy