Senior Construction Underwriter - Strategic Partnerships

Job Description

31618

Role: Senior Construction 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 MGAs in line with the companys 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 Teams 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, its 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. TOBAs Treaties, Binding Authorities and Underwriting and Procedure manuals
Work with the Strategic Partnership Underwriting Manager and wider team to deliver the team and departments 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

consultant

This job was posted by.

Derrick Smart

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Tel: 0203 727 2315
Email: derrick@lawesgroupt.co.uk

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