- North Yorkshire Jobs
- £40k - 45k per year
- Full Time
- Underwriting
Ref:43534
Job Title – Senior Commercial Underwriter
Contract – Permanent
Salary – Circa £40,000 + Benefits
Location – Northern UK
Main Role:
- To achieve income and annual Target Loss Ratio objectives by supporting the technical management of accounts and by delivering an efficient case Underwriting service to brokers.
- Ensuring adherence to the Insurer’s technical underwriting requirements by undertaking effective QM and providing feedback ensuring that technical procedures and standards are always followed
- Provide effective, economical and compliant Underwriting Services adhering to TCF.
- To assist the Managing Director/Operations Manager in formulating strategy and assist with any business operational/technical area within the department as and when required.
Core Competencies:
- Experience of underwriting with strong product knowledge and a good understanding of risk
- Ability to forge good relationships and manage stakeholders
- Ability to successfully act as a point of escalation for all technical referrals
Principal Responsibilities:
- Underwriting of technical new business, renewals, MTA’s by producing terms and converting/retaining acceptable business. This should at all times be geared to achieving the businesses annual target loss ratios.
- To comply with Binder, procedures and underwriting authority levels.
- To support the personal development of the underwriting staff by delivering technical guidance and undertaking referrals above the levels of the underwriters control
- To undertake a technical QM audit to identify areas of training and development.
- To take responsibility for complaints ensuring that the company procedures are adhered, to reflect Company policy and ensure fair treatment of customers.
- To undertake training in line with agreed objectives and keep up-to date with technical, legal and market developments via use of e-learning, internal training and reading market related material.
- The jobholder will, at various times, act for the insured and insurer. The jobholder will be responsible for adhering to all the Group’s procedures and policies in relation to the identification and management of potential conflicts of interest and for the fair treatment of customers, and will ensure they follow the systems and controls operating to ensure that this is the case.
- Assisting in the development of effective communications with all other department, promoting and adhering to TCF culture at all times.
- To undertake any other task as may reasonably be required by the Company.
For a full brief please contact one of our specialist consultants:-
Tel: 0203 411 8430
Email: admin@lawesgroup.co.uk
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