Full job description Our client a leading global Insurer is looking to add a new Middle Market Underwriter, in their UK Commercial Lines team in Manchester.
The Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and life science. They work through a network of retail brokers who share their commitment to long-term partnerships built on a strong service proposition.
This position will be based in their Londonoffice. They strive for collaboration which is why they offer a work environment where employees thrive and develop long lasting careers in Underwriting.
What you’ll be doing:
*Prioritization and evaluation of existing business and renewals to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
*Price and analyze coverage, structure and exposures on individual risks.
*Set appropriate terms and conditions per the Company underwriting strategy and guidelines to bind qualified risks.
*Attend client/broker meetings, lunches, dinners and other social outings as applicable.
*Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
*Expand existing portfolio of business by developing existing relationships and new prospective clients.
*Supports our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
*Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite.
*Conducts individual account underwriting audits as needed.
*Complete underwriting referral applications for risks outside of your authority for higher level approval as necessary.
What you’ll bring:
*At least 3+ years of P&C underwriting experience.
*Significant experience within the middle market space, ideally with experience of Underwriting multinational business.
*Established relationships with retail producers.
*Strong negotiation skills.
*Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).
*Excellent communication (both written and verbal) skills.
03/11 converting from a PL job - Still trying to chase the client for a time to speak. (Jade has a potential) 10/11 - Job now converted into B level and sourcing.