Product and Pricing Underwriter
Salary: £20,000 - £30,000
Location: Gloucester
A successful and expanding organisation are looking to recruit a Product & Pricing underwriter. To assist with the completion of account management reviews, pricing reviews and product development, in relation to all existing Commercial products and any new products, in order to ensure profitable growth of the Commercial account.
Responsibilities:
Identification and collation of internal and external data required in order for the Pricing team to complete technical pricing reviews for all the Commercial rating structures
Assist with completion of analysis of data to ensure balance of technical rating is correct and put forward observations and recommendations to the Pricing and Product Controller and Senior Product and Pricing Underwriter
Assisting with the completion of annual product pricing and resulting changes and ensure correct and timely details are passed to the Systems team for change
Undertake regular product comparisons through market research and regular collation of available information with a view to submitting recommendations for any changes or new developments to the Commercial Product and Pricing Controller and/or Senior Pricing and Product Underwriter
Assist in product development, for existing products, new products and schemes, including policy wording, extent of cover, appropriate technical pricing and any technical underwriting guides produced
Skills:
Needs to be a skilled technician with in-depth knowledge of Commercial Property and Liability business
Good understanding of technical pricing structures and detailed account management data and be able to implement new rating structures
Must be able to draft policy wordings and collate all areas of information required for enhancement to existing covers and wordings as well as developing new
Computer Literate
