Job Description
Job Reference:45878LF_1734454886
Job Type: Permanent
Job Industry: Business Services
Contact Name: Lucy Fulton
Job Location: London
Job Title: Senior Insurance Underwriter - Liability / Casualty
Job Salary: £50,000 - £55,000 Per Annum
Posted On:
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
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