Senior Underwriter - Strategic Partnerships

London (Greater)
12 Jan 2018
15 Feb 2018
Contract Type
Full Time
Role: Senior Underwriter - Strategic Partnerships
Location: London City
Job type: Permanent
Industry: Insurance

Job Purpose:-
· The job-holder will provide technical underwriting capability to the Strategic Partnership Team to deliver underwriting services to both Client Companies and MGA's in line with the company's underwriting philosophy and technical standard.

The job-holder will have technical excellence in :-
· CAR & PL Annual and Project Insurances
· Machinery Breakdown and Business Interruption Insurances
· Machinery Inherent Defects Insurance
· Computer Insurance

Key Responsibilities:
- Deliver high quality underwriting services to the Strategic Partnership Team
- Achieve target loss ratios through high quality portfolio management, individual risk selection and pricing utilising proactive account reviews and analysis of underwriting trends
- Obtain growth and new business against insurance product lines in line with the Strategic Partnership Team's target
- Manage underwriting relationship with designated Strategic Partners to deliver profitable growth
- Large risk underwriting and referrals from Strategic Partners
- Analysis of the Strategic Partnerships account, it's segments and coverages with a view to making recommendations to refine / modify pricing
- Pricing of portfolios in respect of all company strategic products
- Referral point for Delegated Authority CAR business
- Act as the referral point for Underwriters, Assistant Underwriters and Strategic Partners coaching individuals to make decisions within their empowerment whilst providing technical and trading input to improve the quality of underwriting decisions
- Involvement in the signing off of Insurer / MGA wordings and the associated material (key facts, summaries of cover)
- Review of contractual documentation e.g. TOBA's Treaties, Binding Authorities and Underwriting and Procedure manuals
- Work with the Strategic Partnership Underwriting Manager and wider team to deliver the team and department's performance goals
- Provide input to training and development programmes developed by Underwriting Strategy and Standards
- Presentations to Strategic Partners to support development staff where required
- Ensure company service standards are met and exceeded
- Ensure company compliance and control systems are adhered to
- Assist the Strategic Partnerships Underwriting Manager in completion of audits / annual business reviews and Field Underwriting Reviews
- Assist and support existing projects e.g. Guidewire.

Key Skills and Experience
- Excellent technical underwriting experience of construction and engineering lines
- A sound knowledge and understanding of Policy Wordings and Contractual Documentation
- Statistical analysis via excellence in Excel
- Very good knowledge of market with strong business relationships
- Pragmatic decision maker with analytical and reasoning skills
- Excellent interpersonal and negotiation skills
- Collaboration and teamwork
- Problem solving
- Excellent written and verbal communication
- Strong trading capability - commercial awareness, negotiation and influencing skills, ability to build strong relationships with Client Companies and also with key company office staff
- Market underwriting presence
- Change management
- Internal stakeholder management

Key Competencies
- Being successful with clients
- Accepting change and taking initiative
- Striving to achieve the best possible solutions
- Successful co-operation
- Making staff and teams successful

Qualifications and Educational Requirements:
- ACII or equivalent preferred
- Up to date CPD points

Personal Attributes:
- Self-motivated, proactive and have the ability to work unsupervised
- Ownership & accountability for performance
- Delivers results
- Contributes to team success

If you have the relevant experience or know someone that does please contact us now on [Phone number removed] or email us at [Email address removed]

To view all Current Vacancies or for more information on our Refer a Friend scheme, contact one of our consultants or visit our website [URL removed]

Please Note: Due to the sheer volume of applications we receive, we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.
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