My Client, A leading global provider of property and casualty insurance and reinsurance, is looking to add a new Underwriter to the Middle Market team in their Birmingham office. The Middle Market proposition offers comprehensive multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, education and life science. My client works with a network of retail brokers who share their commitment to long-term partnerships built on a strong service proposition. Expectation of the role is to assist in building a profitable book of business within the overall UK Mid Market business plan parameters, working with key broker partners in the UK.
Main areas of responsibility:
* Prioritization and evaluation of new and renewal submissions 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 T&Cs, per the Company underwriting strategy and guidelines to quote qualified risks.
* 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.
* Support 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. Qualifications, Skills and Experience
* Cross class underwriting experience within the middle market space.
* Undergraduate, Insurance or advanced degree preferred.
* At least 3+ years of P&C underwriting experience.
* Significant experience within the middle market space.
* Established relationships with retail producers.
* Strong negotiation skills.
* Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).
* Excellent communication (both written and verbal) skills.