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Non Standard Underwriter

Shenley Recruitment
Posted 7 hours ago, valid for 17 days
Location

Basildon, Essex SS16 5UY

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Non-Standard Underwriter position is a hybrid role based in Basildon, requiring two days in the office per week.
  • The salary for this role ranges from £45,000 to £50,000 per annum, along with bonuses and benefits including share options.
  • Candidates should have prior Non-Standard underwriting experience, ideally in Commercial Property, Household, or Trading Underwriting.
  • The role involves evaluating risks, quoting, and retaining business while meeting performance targets and working with a network of brokers in the UK and Ireland.
  • This position offers great promotional prospects within a successful global insurance group and Lloyd’s underwriting agency.

Non-Standard Underwriter

Hybrid - two days from the Basildon office

Salary - £45,000 to £50,000 p.a. + bonus + benefits including share options.

Fantastic Opportunity for experienced Underwriter with strong Non-Standard underwriting experience to join this highly successful global insurance group and Lloyd’s underwriting agency. You will work Hybrid from their office in Basildon. Great promotional prospects.

The role of the underwriting department is to evaluate the risk and exposures of customers for new business, mid-term adjustments and renewals from a network of brokers in the UK and Ireland. Quoting, converting and retaining business to meet budget and underwriting performance targets for the range of specialist insurance product.

Duties for Non Standard Underwriter

  • Underwrite Non Standard policies in accordance with the company’s Internal Underwriting Guide and the Underwriting authority awarded.
  • Trade with Brokers to maximise conversion and retention within your authority.
  • Monthly reporting to Line Manager.
  • Renewal/Existing and New Business Control.
  • Take underwriting referrals from other offices, when outside individuals level of authority.
  • Understand/support and drive income, conversion and retention objectives.
  • Conduct Peer Reviews as allocated and as per PP003 - UNDERWRITING PEER REVIEW PROCESS.
  • Assist in the development of new and existing products.
  • Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
  • To underwrite taking all necessary care to protect the interest of our capacity providers.
  • Carry out macro underwriting tasks as required.
  • Perform other duties from time to time as determined by the management.

Experience Required for Non Standard Underwriter

  • Previous Non Standard Underwriting experience either ideally within Commercial Property, Household or Trading Underwriting.
  • Experience working in an MGA, insurance company or Lloyds Syndicate.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.