Underwriter

To provide an exceptional service to brokers, support senior underwriters and manage assistant underwriters.

Key responsibilities/ tasks

Responsible for the following:

• Underwriting and placement of risks.
• Managing Virtu SLAs.
• Supporting the MD in growing and nurturing stakeholder relationships.
• Accountable for the renewal and new business lists.
• Accountable for management and maintenance of rating guides created in Excel.
• Managing the performance of underwriting assistant/s.
• Managing the wholesale profit performance of the following books of business: (Area Specific).
• Develop a strong working knowledge of (Area specific).
• Develop relationships with insurers.
• Grow the (Area specific) book to the level where we could facilitate another insurer.

Underwriting class responsibility – following the guidance set out in the various binding authorities issued to the business.

• (Area Specific)

Responsibility for acting in good faith, avoiding foreseeable harm and helping consumers achieve their financial objectives.

Results to Deliver

• Manage the Virtu team to issue all outgoing correspondence in a timely manner as per the business’ SLAs.
• Widen the offering on the Virtu Platform.
• Increase (Area specific) GWP by X%.
• Continue to look for opportunity to learn and challenge your understanding.

Standards to meet

• Follow all compliance and regulatory requirements when carrying out your work.
• Act with integrity, due care, skill and diligence, always putting the interests of our brokers and their customers first, and treat them fairly.
• Champion the ethics and values of the company.
• Champion the principals of the FCA handbook within the organisation.
• Be approachable and friendly to members of the team.
• Empower team members to solve problems and focus on growth.
• Champion the Virtu technology platform where possible.
• Display Partners& PACE values through behaviours with all stakeholders.

Qualifications

• Cert CII II – or to be completed as part of role.

Experience / skills

• A minimum of three experience in (Area specific)
•  Understand the general insurance market and the products available to the Company’s Brokers.
• A good understanding of underwriting principle
• Emerging ability to underwrite, rate and assess risk
• Competent communication skills with external stake holders
• Working knowledge of the claims process
• Managing relationships with brokers and insurers
• Competent user of insurance client system; Acturis an advantage
• Confident in using Microsoft Suite