Existing Business P&C Underwriter

Starr Underwriting; Bristol; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading company in the insurance sector is seeking a Commercial Underwriter in Bristol. The role involves managing broker accounts, writing renewals, and achieving profitability targets. The successful candidate will have a minimum of 3 years' experience in Commercial underwriting and relevant qualifications. Join a dynamic team and contribute significantly to regional goals.

Qualifications

• At least 3 years' experience in Commercial underwriting (or broking).
• Strong interpersonal skills and structured work habits.

Responsibilities

• Manage profitability, growth, and expense targets.
• Write renewals and mid-term adjustments.
• Contribute to business Income & Gross Written Premium objectives.

Skills

Understanding your insurance market

Broker account development

Negotiation skills

Effective selling skills

Risk selection skills

Education

Minimum Cert CII

Dip CII (preferred)

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

To achieve regional GWP, income and profit objectives through the delivery of an efficient service to brokers, supporting the management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.

Key Tasks and Responsibilities

• Achieve Profitability, Growth and Expense targets by managing and operating to the Key Performance Indicators of the region.

• Write renewals and mid-term adjustments of varying complexity up to authority and binder limits. Authority level is reflective of knowledge, experience and qualifications.

• Enhance Arch’s standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region’s most important brokers

• Contribute towards business Income & Gross Written Premium (GWP) objectives whilst working towards the business’s annual Target Loss Ratios and rate targets.

• Responsibility to ensure survey requests, survey overviews and policy documentation are processed, maintaining all relevant reporting tools.

• Conduct regular case reviews to ensure that technical procedures and standards are followed, in accordance with the Company QA procedures.

• Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.

• Maintain personal knowledge of relevant technical issues.

• Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.

Role Requirements & Skills

Skills / Competencies

• Understanding your insurance market - at least 3 years' experience in Commercial underwriting (or broking)

• Proven broker account development and management

• Being able to negotiate flexibly and appropriately – manage a profitable portfolio

• Renew and manage out individual cases and books of business.

• Effective selling skills

• Demonstrates a range of influencing and negotiation approaches

• Risk perception/Risk selection skills

• Pricing of risk accordingly

• Successfully developing effective trading relationships

• Consistently achieving goals and objectives

• Trading successfully in the insurance marketplace

• Experience working across functions / matrix organisation to collaborate and build strong relationships

Qualifications

Minimum Cert CII. Dip CII, or progress towards, is preferred

Experience

The job holder will have at least 3 years Commercial Underwriting experience, strong interpersonal skills and work in a structured, planned manner.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd