Development Underwriter - East Midlands (Hybrid Working)
Posted: 15 February 2024
Job description
This is an exciting and very good time to be joining one of the UK's most progressive and professional insurance companies operating in the UK today. There are a number of new job opportunities due to the company's expansion plans so it's an ideal time to be joining the business where there will be excellent chances to make your mark and progress within.
The Development Underwriter will help drive and transform how they partner their broker portfolios, through responsive, flexible and collaborative relationships. With a strong balance of technical and trading capability, you will be empowered to make decisions, whilst supported by data, insight, and decision support tools on mobile technology to succeed in the role. There will be focus on developing and delivering profitable growth, across new and existing business within the key markets.
The Development Underwriter role requires regular travel within the nominated area, as will be broker facing in addition to the technical underwriting elements. This opportunity will be partnering brokers across the East Midlands corridor, and reporting and working from their Birmingham regional office when you are not out on broker visits.
What you'll be doing:
- Act as the face of the company in presenting propositions for larger Mid-Market and Mid-Corporate risks, based on industry knowledge and technical underwriting expertise, subject to the scale and complexity of the case
- Work with Trading Underwriters to negotiate coverage, wordings and pricing that differentiate the company to meet customer needs
- Proactively develop a robust pipeline of Mid-Market and Mid-Corporate qualified growth opportunities leveraging both client and broker relationships, ensuring pipeline is effectively managed and realised
- Lead and fully embed the large case management process for new business
- Develop and build collaborative broker relationships, sometimes client, across the Region, taking full ownership for the generation and placement of profitable commercial business from self-sourced
- Underwrite profitable new business, in line with the company’s established underwriting controls and practices and act as a referral point in branch across New Business and, at times, renewals
- Develop and maintain a quality distribution strategy and communication plan with key influential brokers to ensure financial KPIs achieved
- Support other Regions where appropriate aligned to own areas of underwriting/trade segment/industry expertise
What they’re looking for:
- Expert technical underwriting knowledge with demonstrable experience in two or more mid-market classes
- DIP Qualified or equivalent with a proven track record in underwriting Mid-Market and Mid-Corporate business
- Record of securing and retaining business of large scale and complex business through developed senior broker/customer relationships
- Evidence of previous technical and sales experience extending to effective pipeline management
- Insight development, customer and broker portfolio relationship management
- Personal impact and influence, with negotiation and persuasion skills
- Communication, presentation and interpersonal skills
- Risk advisory, selection & assessment
Very competitive basic salary dependant on experience up to £55K, plus car or car allowance, bonus incentive and pension plus other employee benefits would be provided as standard. ACII or a commitment to continuous professional development would be advantageous.
For further information please contact Andy Baker on 07834 596414/0113 4931720 or email andy@cryerbaker.co.uk
