Underwriter
Reed
Central London
Full-time
GBP 50,000 – 60,000
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- Annual Salary: £60,000per annum
- Location: London
- Job Type: Full-time
Day-to-day of the role:
- Underwrite a high volume of wages and turnover business with an average premium of circa £3,000, with potential up to £100,000.
- Interpret and modify policy/endorsement wordings as necessary.
- Work autonomously once trained, aiming to achieve personal targets.
- Determine policy terms and calculate premiums in line with both in-house authority limits and insurer binding authority agreements.
- Adhere to the company's underwriting controls to contribute to loss ratio control.
- Build and maintain strong relationships with key trading partners to maximize influence and drive the acquisition of profitable business.
- Support the development and operation of sales campaigns.
- Minimum of 3 years’ experience in a construction / liability underwriting role.
- Cert CII qualified as a minimum; DIP CII is desirable.
- Strong underwriting fundamentals and good market knowledge of legal and regulatory requirements.
- Excellent communication, organisational, and negotiation skills.
- Proven ability to develop key working relationships and business opportunities.
- Strong analytical, numeracy, and literacy skills.
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Supportive and collaborative work environment.
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