My Shortlist

Your shortlisted jobs will appear here. To view your shortlist: Login Or Register

Date Added: Fri 01/11/2024

Schemes Underwriter

Ipswich, UK
Apply Now

Company: EMPLOYMENT SPECIALISTS LTD

Job Type: Permanent, FullTime

Salary: £30,000 - £40,000 per annum

Our client, a respected organisation in the Commercial Insurance sector, is looking for an Underwriter to join their growing team. This role offers a fantastic opportunity for a dedicated professional to manage key Delegated Authorities (DAs), ensuring profitability, income, and regulatory compliance.

You'll be part of a collaborative team, using your expertise to drive financial results, and building strong internal and external relationships. With a focus on personal growth, you'll benefit from a tailored development plan, including mentoring and access to resources that will help you to continue developing as a Technical Underwriter.

Key Responsibilities:

  • Underwrite Commercial Business profitably and accurately
  • Maintain and develop Business Relationships with your Brokers
  • Effectively implement Underwriting controls and service levels
  • Peer coaching and Referral support
  • Manage profitability and top-line growth through portfolio underwriting for Delegated Authorities (DAs)
  • Monitor DA performance, implementing Profit Improvement Plans (PIPs) to ensure profitability and manage risk
  • Ensure case management meets service level targets while maintaining governance and compliance
  • Build strong relationships with stakeholders to support business growth
  • Pursue personal development to enhance skills and knowledge

As a Commercial Underwriter, you will need to demonstrate:

  • Proven experience in underwriting within your Delegated Authority, along with a strong understanding of the insurance market and relevant legislation
  • Experience working with Real Estate or Casualty risks
  • Strong communication and interpersonal skills
  • Practical, well-reasoned decision-making abilities
  • Commitment to advancing your professional development, including CII studies

Our client offers a competitive and attractive benefits package, including:

  • Salary up to £40,000, depending on experience
  • Annual performance-based bonus
  • Pension scheme with up to 12% employer contributions
  • Life Assurance of up to 10x your salary
  • 25 days holiday, plus bank holidays, with the option to buy or sell up to 5 additional days
  • Flexible working with a hybrid model that balances office, home, and client visits
  • Career development through tailored training and mentoring to support your growth and professional progression
Apply Now