Agricultural Development Underwriter

MN Climate Innovation Finance Authority (MNCIFA); United Kingdom; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Join Victor as an Agricultural Development Underwriter, responsible for a diverse range of underwriting tasks across the UK. You will implement strategic initiatives to achieve financial goals, provide superior service to brokers, and play a key role in maintaining underwriting profitability while ensuring compliance with regulatory standards. This hybrid role offers a dynamic working environment where your expertise will significantly contribute to the growth and success of our agricultural insurance products.

Benefits

Professional development opportunities

Supportive leaders

Vibrant and inclusive culture

Variety of career opportunities

Qualifications

• Demonstrable agricultural underwriting experience required.
• Previously held underwriting authority for chosen class of business.
• Experience working in teams and delivering results.

Responsibilities

• Implement underwriting strategy for all products within established risk appetite.
• Directly contribute to financial KPIs balancing revenue and profitability.
• Build strong broker accounts through on-site underwriting.

Skills

Commercial insurance understanding

Agricultural underwriting experience

Team collaboration

Education

CII qualification or equivalent experience

Job description

Agricultural Development Underwriter

We are seeking an experienced Agricultural Development Underwriter to join the Underwriting team at Victor. This role will be based in our Leeds office however hybrid working due to the successful candidate being expected to spend time across various locations whilst providing on site underwriting to our brokers.

The Agricultural Development Underwriter will carry out a wide range of underwriting activities and broker development relating to our Farm Combined and Farm Motor product. The role will be involved in executing the company strategy and materially contributing to the achievement of our financial plans. In addition, you will play a crucial role for providing a superior customer service, front line broker development and delivering the required product profitability. The Development Underwriter will be responsible for key agricultural broker accounts providing on site underwriting to those specific brokers within their office whilst ensuring an exceptional level of service.

There will be a requirement to travel to the offices of the Brokers assigned to you on a regular basis.

We will rely on you to:

• Contribute to and implement the underwriting strategy for all products, working within our established risk appetite
• Directly contribute towards financial KPI's, including balancing the achievement of revenue without any detriment to underwriting profitability
• Deliver Victor service levels on all authorised products
• Ensure that TCF is a part of the organisation's culture and behaviours
• Have significant awareness of and ensuring adherence of all regulatory requirements, guidelines and working practices - both internally and externally
• Spot distribution trends and report back on broker behaviours.
• Build strong broker accounts through on-site underwriting expertise and placement, realising trading initiatives
• Manage quality first and underwriting peer review requirements to identify areas for underwriting and product improvement
• Act within underwriting authority
• Have an in depth knowledge of relevant class/ product specialisms
• Strong awareness with market trends and developments for authorised industry segments
• Build strong relationships with capacity partners
• Be responsible for own personal technical and skill set progression
• Work closely with the sales team in implementing the distribution strategy
• Regularly evaluate KPI's with Business Development team and ensure delivery of broker commitments
• Proactively engage with the marketing of authorised products, including supporting the planning and innovation of new ideas
• Complete project work as per briefs and provide appropriate feedback as to projects goals and aim

What you need to have:

• Good understanding of the commercial insurance market
• Demonstrable Agricultural Underwriting experience
• Have held underwriting authority for chosen class of business previously
• Knowledge of the in-scope product and trade range
• Experience of working in teams and successful record of delivering results

What makes you stand out:

• Progress towards CII qualification desirable or equivalent experience
• Able to calmly process a large volume of diverse workload with accuracy and efficiency.
• Be resilient, happy to work in a busy and demanding environment, and enthusiastic to learn.

Why join our team

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

#Hybrid

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At Victor, your voice is heard, your skills are sharpened and your ambitions nurtured. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that's you, join us on our journey-with us by your side, you'll be ready to tackle tomorrow's challenges. Victor Insurance Managers LLC ("Victor") is one of the world's largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company delivers a wide range of insurance solutions - from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products and services that address the complex needs of its customers. For more information, visit www.victorinsurance.com.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

#VictorUK