Construction Underwriter
Massenhove Recruitment Limited
City Of London
Full-time
GBP 40,000 – 65,000
Does this job fit you?
Upload your CV and see which ones actually match you.
AS PART OF OUR CLIENTS EXPANSION, WE ARE NOW LOOKING FOR 2 CONSTRUCTION UNDERWRITERS, EITHER 1 SENIOR AND 1 JUNIOR, OR 2 MID LEVEL.
Purpose of Role/Job Overview
- Construction / Liability Underwriter writing wages and turnover business on a presentation basis
- Underwriting a high volume of wages and turnover business, average premium is circa £3,000 with a potential to write up to a premium of £100,000
- Ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings
- Once trained it is expected that the individual will be autonomous, working to achieve personal new business targets
- Minimum of 3 years’ experience within construction / liability
- Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements
- Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls.
- To positively reinforce and display values and to actively drive the business forward in achieving its objectives.
- Experience in writing high risk and hard to place business is desired but not necessary
- Existing broker relationships that would support in this role is desired, but again not necessary
- Meeting and where possible, exceeding brokers service levels and expectations.
- Identifies cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
- Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
- Build and maintain strong relationships with key trading partners to maximize influence.
- Support the development and operation of sales campaigns to drive the acquisition of profitable business.
- Maintain and develop market awareness.
- Maintain good working relationships with all internal departments.
- Maintain an open communication ethos with colleagues and managers.
- Demonstrate "model behaviours"
- Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
- Contribute to wider business activities.
- Operate within individual underwriting authorities and guidelines.
This listing is from reed. View original listing ↗