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Commercial Underwriter

Davenport Oxley Ltd
Posted a day ago, valid for a month
Location

London, Greater London EC3V 3LA, England

Salary

£70,000 per annum

Contract type

Full Time

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

Sonic Summary

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  • Our client, a global General Insurance firm in the City of London, is seeking an experienced Commercial & Combined Underwriter - SME.
  • The role requires a minimum of 5 years of experience in insurance underwriting within commercial/SME business lines.
  • Key responsibilities include developing relationships with brokers, underwriting risks, negotiating pricing, and managing broker accounts.
  • The position offers a competitive salary, bonus, benefits, and a hybrid working model.
  • Candidates must hold a Certificate in Insurance (Cert CII) and possess a good understanding of the insurance industry.
Job Title: Commercial & Combined Underwriter - SME

Our client is a global General Insurance firm in the City of London. They seek to recruit an experienced Commercial & Combined Underwriter -SME in the City of London.

Key Responsibilities
  • As Commercial & Combined Underwriter, you will develop good business relationships with new and existing brokers.
  • Underwrite commercial combined/SME risks within the Broker Business team. This includes quoting new business and underwriting existing business (MTAs and renewals).
  • Responsible for managing and serving a panel of assigned brokers accounts.
  • Negotiate pricing and terms with brokers in line with Underwriting Authority.
  • Ensure accurate policy documentations are issued to brokers.
  • As Commercial & Combined Underwriter, you will visit brokers as required to develop business and maintain existing book/cross-selling companys products.
  • Produce monthly reports for renewals and provide accurate analysis.
  • Identify poorly performed accounts and take remedial actions as needed.
  • Liaison with the Claims team and prepare relevant claim reports.

The Requirements
  • Minimum of 5 years experience in Insurance underwriting within commercial/SME business lines.
  • Certificate in Insurance (Cert CII).
  • Good understanding and knowledge of the Insurance industry.
  • As a Commercial & Combined Underwriter, you will have knowledge and experience of underwriting insurance risks.

Our client offers a competitive salary, bonus, benefits and a hybrid working model.

Apply now in a few quick clicks

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