Development Underwriter (Prestigious Insurer)

Aston Charles Ltd; Essex; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Bonus scheme

Pension contributions

Corporate benefits

Job summary

Aston Charles Ltd is partnering with a world-leading insurance company to fill a Development Underwriter role. The position focuses on sourcing new business opportunities within the Care Insurance market and developing broker relationships.

Experience in underwriting commercial risk and a proven ability to win new business is essential; product training will be provided. The successful candidate will enjoy a market-leading bonus scheme and solid corporate benefits.

Qualifications

• Experience underwriting new business in commercial insurance market (broking-facing preferred).
• Proven ability to win new business while maintaining underwriting discipline.
• Strong communication and client-management skills required.

Responsibilities

• Underwrite individual risks as required.
• Identify and secure scheme opportunities within Care Insurance.
• Attend networking events to generate broker opportunities.
• Provide input to the Head of Care and report on broker activity and new business production.

Skills

Underwriting

Broker relationship management

Networking

New business development

Communication skills

Job description

We are delighted to be partnering with this world-leading insurance company that is seeking a Development Underwriter.

This is an exciting, newly-created position that has arisen with what is arguably the most exciting insurer in the market right now; growing 20% year on year, and on track to double in size over the next 5 years. This company is well-renowned for providing innovative insurance solutions, and uses its ingenuity to insure risks that others can’t.

As Development Underwriter, you’ll be required to source new business opportunities within the Care Insurance market.

Whilst specific experience within the Care Insurance sector would be welcomed, this is by no means essential, as product training will be provided. However, you must have previous experience of underwriting new business within the commercial insurance market, as a minimum.

You’ll have a strong desire to be highly visible to brokers, encouraging development meetings and telephone contact. As well as leveraging your own relationships within the broker market, you’ll also work closely with the Development Director to secure profitable new relationships.

Specific duties will include, but not be limited to,

• underwriting individual risks
• identifying and securing scheme opportunities
• attending networking events
• providing input to the Head of Care, reporting on broker activity and new business production

The Divisional Director cites, "we have so many enquiries to keep our Development Underwriters really busy, and this is resulting in them being handsomely rewarded - both financially and with attractive career development opportunities within our business."

You’ll benefit from working for a company that has a truly entrepreneurial approach to underwriting, and a genuine desire to write business.

It's essential that you have a successful track record of developing new business in a broker-facing role, although we will consider applications from New Business / Trading Underwriters who are ready to step into a broking-facing role. Crucially, you will have a proven ability to win business, whilst maintaining underwriting discipline, and as a company ambassador, you will possess first-class communication and client-management skills.

You’ll be rewarded with an attractive basic salary (Negotiable, depending on experience), plus a market-leading bonus scheme and impressive corporate benefits, which include substantial pension contributions.