Underwriter

Job Profile

Job Title Property Owners Scheme Name [Employer hidden — view at passion-project.co.uk]

Underwriter

Reports To Group Operations Director Region TL Dallas Ops & Schemes

Location Bradford

Purpose

To assess and bind Property Owners risks in line with underwriting & rating guidelines and overarching Binding Authority Agreement. To help retain and win Property Owners business.

Responsibilities, Duties and Tasks:

• To assess, quote and bind risks as required, operating within the terms of the binding authority
• Provide quality underwriting solutions to Brokers
• Negotiate with Brokers, assessing risk information to effectively underwrite risks
• Negotiate with capacity provider to establish best terms on risks requiring referral
• Assist Brokers and Claims team with resultant enquiries following binding of cover
• Providing Brokers with any updates promptly regarding risks
• Preparation and accurate issue of quotation and / or policy documentation in a timely manner
• Ensure Bordeaux is kept up to date and, when requested, issued to insurer at appropriate intervals
• Maintain accurate and detailed records of policies underwritten and rationale for underwriting decisions made
• Maintain a robust diary system to ensure return of requested information / forms eg. Subsidence Questionnaires, Rebuilding Valuations, Risk Information updates etc
• Peer Audits to be undertaken as and when required
• Maintaining relationships with Brokers
• Maintaining relationship with capacity provider’s Underwriting team
• Liaising with insurer to challenge standard underwriting authority per the Underwriting Guidelines and refer to insurers for terms for non-standard business or business for which a referral is necessary

Skills Required:

• A thorough understanding surrounding the general principles of underwriting
• An analytical, careful nature with attention to detail and problem-solving abilities
• Maintaining a sound and thorough knowledge of the Property Owners Delegated Authority Scheme operated by TLD, on behalf of the capacity provider
• Experience of working under pressure within a demanding environment and managing workload effectively

• A confident, personable character with the ability to ask probing questions and challenge information
• Negotiating Skills
• Communication Skills
• IT Skills
• Time Management
• Self-Motivation
• Numeracy
• Flexibility and adaptability
• Good Knowledge of Microsoft products
• Working Knowledge of Acturis System

Compliance/Training and Development:

• CPD hours annual attainment
• Completion of work in a compliant manner and satisfy the auditing regime in the business.
• To ensure that all Aviva Development Zone modules are fulfilled in the year

Corporate Governance

• Make sure that the Data security regime is adhered to.
• To retain a clear desk according to the Clear desk policy
• Complaints Procedures
• Complaints Flowchart
• Financial Crime Policy – Included Anti Money Laundering
• Financial Sanctions Procedures
• Ant-Bribery & Corruption Policy – Includes Inducements
• Conduct Risk Policy
• Vulnerable Customers Policy
• Financial Promotions & Approval Procedures
• Fraud Policy
• Bring Your Own Device Policy (BYOD)
• Information Security Policy
• GDPR Policies/Procedures

TLD Values

T RUST INTEGRITY COMMITME NT COLLABORATION