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Underwriter - Corporate

Travelers Insurance Co. Ltd.
Posted 15 days ago, valid for 10 days
Location

Leeds, West Yorkshire LS14 1DZ

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Corporate team is seeking an Underwriter to join their Manchester or Leeds office, focusing on bespoke insurance solutions for complex clients in the UK and Ireland.
  • The role involves underwriting new and renewal business while ensuring superior service and business retention.
  • Candidates should have at least 3 years of experience in underwriting and be capable of making informed decisions within their authority.
  • The position offers a salary of £40,000 to £50,000, along with hybrid working options.
  • Collaboration across various departments and continuous professional development are key components of the job.

Our Corporate team use their specialist expertise to offer bespoke insurance solutions to our largest and most complex clients in the UK and Ireland. We are looking for an Underwriter to support the team in Manchester or Leeds by producing and underwriting new and renewal business. You will be able to provide superior service, business retention and responsiveness to new business submissions. You'll also interact and collaborate across the business with the team, Regional Underwriting Offices, Market Segment Colleagues and other critical internal/external business associates. We offer hyrbid working for this role.

What Will You Do?

  • Underwrite and assess risk to maximise business growth and profitability for allocated book of business. Make appropriate decisions within own underwriting authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
  • On pre-agreed accounts, actively participates and supports Development and Renewal Underwriters in new business, renewal and mid-term alteration underwriting activities that support underwriting decisions, consistent with business growth and profit.
  • Provide leadership and coaching, as appropriate, for Associate Underwriter to help with their development and ensure that their roles and responsibilities are delivered
  • Accountable for accurate underwriting documentation/ information in account management systems and adherence to documentation standards.
  • Understand, embrace, and execute Travelers’ underwriting strategies and principles to produce budgeted results.
  • Establish and maintain collaborative relationships with colleagues in other parts of the organisation, including Head Office, Risk Control, Distribution, Claims, Actuarial, etc. as needed.
  • Actively engage and seek out training opportunities to further develop underwriting and sales expertise.
  • Working with the Development Underwriter, develop and leverage productive relationships through broker visibility and a disciplined sales management approach (e.g. planning and follow-up for broker and end customer interaction, visits and meetings) all in support of business objectives.
  • Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office. Work tactically with brokers to ensure they have an appropriate level of understanding of TICL goals and objectives.
  • Actively participate in regularly scheduled sales and underwriting meetings.
  • Work effectively as a productive and supportive team member in conjunction with more senior team members, supporting business unit and company objectives.
  • Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers’ service standards

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.