Commercial Underwriter

Lawes Consulting Group; Colchester; On-site; GBP 40,000 - 55,000; Full time

Job summary

Lawes Consulting Group is seeking an experienced Underwriter to join the team in Colchester. The role focuses on efficient case underwriting, working with brokers and internal stakeholders to support divisional strategy and financial plans.

Requirements include a minimum of 2 years in underwriting, experience in Commercial Insurance, and a track record of developing trading relationships. A Level education and progressing toward Cert CII are preferred.

Qualifications

• 2+ years underwriting experience.
• Experience in Commercial Insurance.
• Proven ability to develop and maintain broker relationships.
• Experience collaborating across functions and matrix organisations.
• Structured, organised approach to achieving goals.

Responsibilities

• Manage own cases (renewals and new business) within appetite and authority.
• Handle referrals for less experienced underwriters and apprentices.
• Maintain accurate underwriting records and documentation.
• Follow prescribed processes and standards across the firm.
• Support QA via case reviews and ensure technical procedures are followed.
• Aim for retention, conversion, rate and loss ratio targets.
• Build strong relationships with broking partners nationally.
• Demonstrate negotiation skills to aid conversion and broker relationships.
• Keep up-to-date on relevant technical topics and collaborate with regional offices.

Skills

Risk pricing

Negotiation skills

Sales trading

Organizational skills

Communication

Education

A Level

Cert CII

Job description

Location: Colchester | Maidstone | Manchester

PURPOSE OF THE ROLE

Lawes Consulting Group are working with a well-established insurance business seeking an experienced Underwriter to join their team in Colchester.

This is a great opportunity for a commercially minded underwriter to achieve income and profit objectives through the delivery of efficient case underwriting, working closely with brokers and internal stakeholders to support divisional strategy and financial plan objectives.

RESPONSIBILITIES

• Manage own cases (renewal and/or new business), writing within appetite and underwriting authority.
• Handle referral cases for Underwriters and Apprentices with less experience, adhering to individual authority level.
• Maintain accurate records and documentation of all underwriting decisions.
• Adopt and adhere to company-prescribed processes, best practice and standard work.
• Support QA procedures by conducting case reviews when required, ensuring technical procedures and standards are followed.
• Work towards divisional retention, conversion, rate and loss ratio targets.
• Establish and maintain strong personal relationships with broking partners to enhance the company's standing and presence nationally.
• Display strong negotiation skills to aid conversion and relationships with all key brokers.
• Maintain and enhance personal knowledge of relevant technical topics.
• Work collaboratively with other parts of the organisation, including regional offices.

EXPERIENCE

• Minimum of 2 years' experience in underwriting.
• Experience working in the Commercial Insurance industry.
• Proven track record of successfully developing and maintaining effective trading relationships.
• Experience working across functions and matrix organisations to collaborate and build strong relationships.
• Consistently achieving goals and objectives within a structured, organised and planned manner.

SKILLS

• Strong risk perception and ability to price risk accordingly.
• Effective negotiation skills — flexible and appropriate in approach.
• Confident selling and trading skills.
• Strong organisational skills with operational effectiveness and efficiency.
• Clear and effective communication, both written and verbal.

EDUCATION / QUALIFICATIONS

• Minimum A Level standard preferred.
• Progress towards Cert CII preferred.