Motor Trade New Business Underwriter

Arch; Leeds; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance provider in the UK is seeking an experienced Motor Trade Underwriter. The role involves managing the Motor Trade account, retaining business, and ensuring compliance with underwriting standards. Candidates should have at least 5 years of underwriting experience, strong relationship-building skills, and relevant industry qualifications. The position offers the opportunity to work collaboratively in a fast-paced environment and contribute to the company's goals.

Qualifications

• At least 5 years' experience in underwriting.
• Strong interpersonal skills.
• Ability to work in a structured, planned manner.

Responsibilities

• Support technical management of the Motor Trade account.
• Enhance presence by maintaining relationships with brokers.
• Deliver training and technical guidance to underwriting staff.
• Manage motor trade scheme to achieve objectives.

Skills

Understanding your insurance market

Broker account development

Negotiation skills

Effective selling skills

Risk perception

Pricing of risk

Developing effective trading relationships

Education

Cert CII

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℠.

Role Summary and Purpose

To achieve income and profit objectives by supporting the technical management of the Motor Trade(MTR) account and by delivering an efficient case underwriting service to brokers

Key Tasks and Responsibilities

• Deal with MTR New Business enquiries and renewals by producing terms and converting/retaining acceptable business. Conduct regular case reviews to ensure that technical procedures and standards are always followed.
• 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.
• Maintain personal knowledge of relevant technical issues.
• Support the personal development of the underwriting staff in the Branch by delivering training and technical guidance.
• Undertake referral cases above the authority levels of Underwriters, Assistant Underwriters & Technicians whilst adhering to individual authority level.
• Manage the motor trade scheme in the Branch to achieve income and profit objectives, including ensuring Broker staff are appropriately trained and mentored
• Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
• 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 5 years' experience in underwriting
• Proven broker account development and management
• Being able to negotiate flexibly and appropriately
• Effective selling skills
• Demonstrates a range of influencing and negotiation approaches
• Risk Perception
• 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 5 years Motor Trade 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.