Technical Property Underwriter
Location: Gloucestershire
Salary: £35,000 - £45,000
Due to our client’s current and forecasted growth within the Commercial Insurance Market, a Technical Property Underwriter is required to support and ensure the prosperity of their products.
The Company objective is continuous profitable growth of the Commercial account providing products geared to the general insurance needs of the SME sector in a continually competitive and evolving market place.
Essential to the success of commercial development is a combination of the cost effective handling of business and a top quartile service standard expectation.
Responsibilities:
The role is a point of maximum technical expertise and capability both internally and externally, and must operate at the sharp end of a continuous atmosphere of competition to deliver on objectives
Support the profitable growth of the property and pecuniary classes of business
Develop and maintain all existing and new policy wordings
Ensure that underwriting guidelines and procedures are in place
Researching new areas of risk and cover and developing new covers to be underwritten
Act as a point of reference on relevant UK and EU legislation and fraud management control
Skills:
Excellent organisational, interpersonal and relationship buildings skills
Numerical proficiency sufficient to deal with account analysis, pricing reviews, expense evaluation and underwriting
In depth underwriting experience in all property and pecuniary classes of insurance equally, and experience across a wide variety of products and trades
The ability to assess technical risk and make decisions at the highest level on all aspects of Commercial products
Underwriting experience of handling referrals at head office level preferable
Experience and ability to draft new and maintain existing wordings and endorsements
ACII / Diploma or equivalent technical insurance qualification
