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Senior Underwriter

The Portfolio Group
Posted 8 days ago, valid for 19 days
Location

Manchester, Greater Manchester M17 1DJ, England

Salary

£30,000 - £36,000 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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  • Our client, a provider of legal expenses and commercial liability insurance since 1994, is seeking a Senior Underwriter with at least 5 years of technical underwriting experience in Liability Insurance.
  • The role involves managing day-to-day operations, building relationships with Coverholders, and providing guidance to junior team members.
  • Candidates should possess strong analytical skills and excellent communication abilities, as well as the confidence to engage with clients and brokers.
  • While qualifications are not mandatory, the company offers a fully funded CII Diploma to enhance knowledge and career progression.
  • The position comes with a competitive salary of £45,878 and presents an exciting opportunity for growth within a fast-growing business.

Our client has been providing legal expenses and commercial liability insurance to small and medium enterprises since 1994, supporting clients of the Peninsula Group, the UK's leading HR & employment law consultancy provider.

In 2022 we opened our expertise to the wider market, and we now provide a range of covers through our cover holder partners that includes Employers' and Public Liability and Commercial Legal Expenses.

We have ambitious growth plans, both in respect of GWP and product base, over the coming years and this is an exciting time to join a fast-growing business and will provide the right candidate with exceptional opportunities to grow and develop their career.

Overall Responsibilities

The Senior Underwriter will work as part of a dedicated team who are responsible for the day-to-day management of Irwell Insurance Company business, you will have a proven track record of dealing with Coverholders and maintaining those relationships. You should have at least 5 years technical underwriting experience within Liability Insurance. We are looking for a strong communicator who is looking for more responsibility or a step up from their current underwriter role. You will be a source of guidance and information for junior team members so technical knowledge is a must! If you don't have a qualification, we can offer a fully funded CII Diploma to really enhance your knowledge and help you to progress within the business. This is not your average office / Desk job so, If you have all the relevant experience and the confidence to communicate with Coverholders, and are looking for a new and exciting opportunity, please apply today!

Key Roles & Responsibilities

Reporting to the Head of Underwriting, core duties will include the following:

  • Analyse, evaluate, and make underwriting decisions in line with underwriting guidelines and recommendations, coordinating with analysts and other underwriting staff.
  • Assist the Senior Class Underwriter in the procurement of New Business opportunities.
  • Review and analyse new insurance applications for risk exposure and compliance with underwriting guidelines.
  • Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business.
  • Review contract wordings to ensure that compliance is maintained.
  • Responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten.
  • Establish appropriate internal underwriting procedures and criteria to control risk.

Qualifications & Experience

  • A minimum of 5 years' underwriting experience in Liability Insurance is required.
  • Strong analytic skills and numerical aptitude will be essential.
  • Excellent verbal and written communication skills, together with the ability to work well in a small team environment.
  • Qualifications are not essential if you have the relevant experience, but we can fund CII Diploma for the right candidate. If you do have ACII, CII Diploma then even better!
  • Account Management of Coverholder / Broker relationships

45878LF

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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.