Underwriter
Real Estate
Essex
up to £37Kpa + Excellent Benefits

Commercial Underwriter

Ref: 3759| Posted: 21st Oct 2021

We have a commercial underwriting vacancy working for a flexible, multi award winning, thriving insurance business based in Chelmsford 2 days per week, Croydon 2 days per week (1 day WFH) 

Training and career development is fully supported, and we will consider candidates who have either

  1. Commercial underwriting experience (property/commercial combined)
  2. Real Estate underwriters (45% of their commercial book is property)
  3. Commercial brokers who have underwriting experience in another class of business would like to consider a career move into commercial underwriting
  4. Commercial brokers who have had a delegated authority and would like to move into underwriting or
  5. Underwriters who have directly worked for an Insurer  

The successful candidates’ duties will include Renewal & Mid-term Amendment quotations in line with Underwriting guides, Service Level Agreements & within business operating standards

Using your experience, you will be responsible for achieving retention targets across a range of insurance products and motivating others to do the same. Ensuring technical compliance and maintaining broker and Insurance partner relationships.

Key Responsibilities include

  • To prepare and provide Renewal and MTA quotations to Broker Partners based on personal authority limitations
  • Instigate regular dialogue with Broker Partners on allocated renewals to secure renewal instruction and achieve individual & collective targets
  • Provide accurate and compliant Renewals and mid-term adjustments in line with pricing levels, risk selection criteria and ensure that income & conversion objectives are achieved
  • To oversee all administrative duties required in connection to the above which includes but is not limited to, processing & administering policy documentation, initiating & monitoring surveys, mid-term adjustments, renewal review & negotiation & claims monitoring
  • Maintain accurate and detailed records of all customer contact and ensure the delivery of high-quality service, appropriate to needs of Broker or Insurer needs.  
  • Underwrite business according to current strategy within individual level of delegated authority

Salary up to £37Kpa (dependant on experience)

Excellent benefits include

  • Holiday 26 days plus bank holidays
  • Group life Assurance x4 salary
  • Company sick pay 4 weeks
  • Pension 3% employer 5%
  • Benefits start from your start date 
  • Maternity and paternity leave is up to 6 months 
  • Season ticket loan

Find out right now if this could be your perfect next job; call our friendly and experienced team.

Please apply to this role by submitting your most up-to-date CV. If your application is successful, we will be in touch within 2 working days of receiving your job application to discuss the opportunity in more detail.

Due to the overwhelming application response, should you not hear from us within 5 working days then please assume that your application has been unsuccessful.