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Senior Commercial Underwriter

IDEX Consulting Ltd
Posted 2 days ago, valid for 25 days
Location

London, Greater London EC1R 0WX

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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  • We are looking for an experienced Underwriter to expand a profitable portfolio while fostering relationships with insurers and brokers.
  • The role focuses on underwriting and business development in Property, Casualty, and Development lines.
  • Candidates should have a proven track record in underwriting and strong relationship management skills, with proficiency in electronic file management systems.
  • A commitment to ethical behavior and regulatory compliance is essential, along with ongoing professional training and development.
  • The position offers a competitive salary, and applicants should have at least 5 years of relevant experience.

Role Overview:We are seeking a highly motivated and experienced Underwriter to lead the expansion of a profitable portfolio while maintaining strong relationships with insurers and brokers. This role involves underwriting responsibilities and business development with a focus on Property, Casualty, and Development lines.

Key Responsibilities:

  • Build and sustain special relationships with existing brokers and retail customers, while targeting new brokers through effective marketing of current products
  • Ensure professional service delivery of new business and renewals to meet company income targets in line with regulatory requirements and internal procedures
  • Assist in converting renewals and new business opportunities
  • Maintain complete electronic files using Acturis/SchemeServe/Broker Partners systems
  • Collaborate on actions involving brokers, policyholders, and capacity providers
  • Share expertise with fellow team members and provide support where necessary
  • Resolve enquiries, credit control issues, and problems efficiently to foster positive broker relationships
  • Seek and respond to customer feedback proactively
  • Mitigate and address conflicts of interest effectively
  • Support business unit key performance indicators and targets as directed
  • Comply with regulatory requirements, including the Financial Services and Markets Act 2000, FCA regulations, and internal company policies

Qualifications and Skills:

  • Proven track record in underwriting with expertise in Property, Casualty, and Development lines
  • Strong relationship management skills to build and maintain effective partnerships with brokers and retail customers
  • Proficient in using electronic file management systems (e.g., Acturis/SchemeServe)
  • Knowledge of regulatory frameworks, including FCA Code of Conduct (COCON)
  • Commitment to ethical behavior and treating customers fairly
  • Dedication to ongoing professional training and development

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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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.