Commercial Underwriter
SKILLS
FULL DESCRIPTION
Commercial Underwriter
[Employer hidden — sign up to reveal] Ltd is seeking a detail-focused Commercial Underwriter to join our award-winning team. This hybrid role offers variety and flexibility, including broker visits and office collaboration.
Role Purpose
[Employer hidden — sign up to reveal] is looking for a broker orientated and detail focused Underwriter to develop both new relationships and existing ones. The role will include underwriting new and renewal business for a product suite consisting of commercial combined, property owners, retail package, primary liability, excess liability, contract works, contractors’ plant and equipment.
Key Responsibilities
- New business underwriting and processing – target commission & fee income per month
- Target commission / fee income for new business is £14,000.
- Renewal business underwriting and processing 90% renewal retention target
- Midterm adjustment underwriting and processing within 30 days of renewal or inception.
- Broker development (New and existing) including regular broker visits and on-site underwriting.
- Develop and maintain relationships with your broker panel.
- Monthly reporting
- Training, developing and coaching Assistant Underwriters and Underwriting Assistants.
- You will be expected to perform to the highest of standards and in accordance with the Conduct Rules as specified by the FCA.
Experience & Knowledge
- Commercial underwriting experience is essential, specifically Commercial Combined, Property and Liability.
- Experience in dealing with Commercial brokers/ Insurers
- Experience working in a small team in SME organisations
- Experience in underwriting with delegated authority or underwriting licences
- Proven track record of developing new and existing relationships with key brokers
- Ability to deliver on financial targets
- Ability to work as a team and on own initiative
- Experience in using software systems for underwriting and administration
Skill Set
- Excellent organisation skills
- Excellent communication skills
- Passion for detail
- A ‘can do’ attitude
- Effective time management
- Curious mindset
- Positive attitude to change
- Contribute to colleague’s time rather than take it away
- Hungry to be involved in a fast-growing business
- Passionate about understanding the profession and developing learning
- Passionate about making a difference
- Thrives on exceeding expectations
About [Employer hidden — sign up to reveal]: [Employer hidden — sign up to reveal] Ltd is the principal company for David Oliver T/as David Oliver Associates and [Employer hidden — sign up to reveal]. Launched in 1996, [Employer hidden — sign up to reveal] provides high-level expertise to insurance intermediaries in niche markets.