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Assistant Underwriter

Massenhove Recruitment Limited
Posted a day ago, valid for 22 days
Location

London, Greater London EC2V 7WS, England

Salary

£60,000 - £72,000 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 Assistant Underwriter role requires at least 2 years of experience in the SME package policies sector, specifically in Property & Casualty.
  • The position involves providing professional support to brokers for existing business and general inquiries while achieving income and profit objectives.
  • Key responsibilities include determining policy terms, calculating premiums, and adhering to the company's underwriting controls to manage loss ratios.
  • The role emphasizes building strong relationships with trading partners and supporting sales campaigns to acquire profitable business.
  • Salary details are not specified, but the company is committed to a diverse and fair hiring process.

Assistant Underwriter

Purpose of Role/Job Overview

To provide efficient, timely and professional support to brokers for Existing Business and general enquiries and must have experience in Property & Casualty for the SME package policies and at least 2 years’ experience in the SME package policies sector.

To achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels.

Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls.

To positively reinforce and display company values and to actively drive the business forward in achieving its objectives.

Key Accountabilities

Meeting and where possible, exceeding brokers service levels and expectations.

Support wider team.

Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.

Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.

Build and maintain strong relationships with key trading partners to maximize influence.

Support the development and operation of sales campaigns to drive the acquisition of profitable business.

Other Activities, Duties and Responsibilities

Maintain and develop market awareness.

Maintain good working relationships with all internal departments.

Maintain an open communication ethos with colleagues and managers.

Demonstrate "model behaviours"

Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.

Contribute to wider business activities.

Operate within individual underwriting authorities and guidelines.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.

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.