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Commercial Development Underwriter

The Recruiter Specialists Group Ltd
Posted 23 days ago, valid for 7 days
Location

Chelmsford, Essex CM3 4SX, England

Salary

£50,000 - £60,000 per annum

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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 Commercial / Development Underwriter position is available at a busy Underwriting Agency, focusing on property underwriting.
  • Candidates should have experience in commercial insurance and be capable of handling renewals, new business, and mid-term adjustments.
  • The role requires a flexible approach and excellent interpersonal skills, and the ideal candidate will report directly to the Commercial Director.
  • Salary details are not specified, but the role offers job security in a family-owned business with a friendly work environment.
  • A minimum of two years of experience in underwriting commercial and property insurance is preferred for applicants.

Commercial / Development Underwriter

This is an exciting role based within a busy Underwriting Agency. The role involves working in the Commercial Team as an Underwriter with experience in property underwriting.

The individual will have a varied role that shall include handling renewals, new business & mid-term adjustments.

The team deal with Brokers and Insurers on a daily basis, placing business either on Delegated Authority Agreements or on a Wholesale submission basis.

The class of Insurance is predominantly Property, Business Interruption, Employers, Public, Products Liability, Contract Works and Contractors Plant & Equipment, however experience in all classes of commercial insurance would be considered valuable.

The role requires a flexible and adaptable approach to contribute equally to the successful development of the department in meeting its goals and objectives.

The individual will report directly to the Commercial Director.

The ideal candidate will demonstrate:

  • Excellent interpersonal skills
  • Team player
  • Highly motivated (a 'can do’ approach)
  • Punctuality
  • Dedication
  • Loyalty

You will have experience in:

  • Team building
  • Relationship building
  • Problem solving
  • Handling or underwriting commercial & property insurance
  • Ability to work to targets
  • Administration
  • Dealing with Insurance Brokers / Insurers
  • Developing relationships

Key duties:

  • Underwriting a portion of the renewal & new business & new business book
  • Reporting to Commercial Director
  • Developing relationships with a number of key brokers / Insurers
  • Ensuring compliance with Delegated Authority Agreements (Binders) with Insurance Companies in conjunction with our Compliance Officer
  • Assisting annual audit reviews

This is an excellent opportunity to join a highly motivated team. The office has a very friendly and social working environment with a very low employee turnover. The right employee can benefit from job security in this family (owned and run) business with the opportunity to be a key player in this growing business.

If you are interested in this fantastic opportunity, please submit your CV for the hiring manager’s attention

The Recruiter Insurance Specialists is acting as a specialist recruitment agency

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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.