Delegated Authority Scheme Underwriter – 29184

The Emerald Group; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

The Emerald Group is seeking an experienced Underwriting Manager to oversee delegated authority schemes from London, with hybrid working arrangements.

You will develop strong broker relationships, work with partner brokers, and collaborate with Underwriting and Operations to review scheme performance, identify growth opportunities and drive profitability. Candidates should have 5+ years of underwriting experience, UK market knowledge, degree-level education and preferably CII qualifications.

Qualifications

• 5+ years underwriting experience from an insurance carrier or MGA
• Knowledge of the UK insurance market and regulatory practices
• Experience with delegated authority accounts management
• Strong relationships with brokers and cross-functional collaboration
• Understanding of profitability improvement for schemes

Responsibilities

• Proactively develop relationships with a panel of brokers and own profitable business generation
• Collaborate with partner brokers and across Underwriting and Operations to review scheme performance
• Identify poorly performing accounts and implement actions to improve performance
• Review and manage delegated authority schemes to maximise potential

Skills

Underwriting

Broker relationships

Performance review

Profitability drive

Regulatory knowledge

Education

Degree level education

CII qualification

Job description

This role is responsible for managing the company's delegated authority schemes to maximise their potential

• Location: London/ Hybrid working
• Type: Permanent

Key Duties (Including but not limited to):

• Proactively develop strong relationships with a designated panel of brokers, taking full ownership for the generation of profitable business, and manage regular meetings and visits
• Collaborate with partner brokers and across Underwriting and Operations to routinely review scheme performance, identify opportunities to grow, improve the proposition, improve profitability and find efficiencies
• Identifying poorly performing accounts and investigating reasons for high loss ratio. Discussing actions with Senior Underwriters and implementing actions to improve scheme performance
• Education to degree level. CII qualification or equivalent preferable
• You’ll have 5+ years underwriting experience from an insurance carrier or a mainstream MGA, ideally involving delegated authority account management
• Knowledge of the UK insurance market, and relevant regulatory practices and legislations in the industry
• Knowledge and experience of underwriting insurance risks of commercial and/or personal lines