Motor Trade Underwriter

Arch Capital Group; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance company in Manchester is seeking an experienced Underwriter to deliver an efficient case underwriting service to brokers. The ideal candidate will have at least 5 years of underwriting experience, strong negotiation skills, and a progress towards professional certification. This role involves maintaining relationships with broking partners and achieving business targets.

Qualifications

• 5+ years in underwriting and 2+ years in Motor Trade risks.
• Ability to negotiate effectively.
• Strong communication skills.

Responsibilities

• Service existing business while achieving retention and loss ratio targets.
• Maintain strong relationships with broking partners.
• Conduct regular case reviews to follow procedures.

Skills

Underwriting experience

Negotiation skills

Risk perception

Interpersonal skills

Education

A level standard

Progress towards 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 through the delivery of an efficient case underwriting service to brokers through broker development, supporting the technical management of the NUH account in conjunction with UKR strategy, financial plan and personal objectives.

Key Tasks and Responsibilities

• Service Existing Business whilst writing within risk selection, appetite and authority, working towards retention, loss ratio and rate targets.
• Achieve Bottom Line, Top Line and Expense targets by managing and operating to the Key Performance Indicators of NUH.
• Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.
• Display strong negotiation skills that aide conversion and relationships with all key brokers.
• Maintain and enhance personal knowledge of relevant technical topics.
• Handle referral cases above the authority levels of Underwriters, Trainee Underwriters and Apprentices, whilst adhering to individual authority level.
• Conduct regular case reviews to ensure that technical procedures and standards are followed, in accordance with the Company QA procedures.
• Work collaboratively with other parts of the organisation, most notably the UKR regional offices.

Role Requirements & Skills

Skills / Competencies

• Ideally at least 5 years’ experience in underwriting
• 2 years’ experience in underwriting Motor Trade risks
• Ability to negotiate flexibly and appropriately
• Demonstrates a range of influencing and negotiation approaches
• Risk perception / Risk selection skills
• Pricing of risk accordingly
• Successful development of effective trading relationships

Consistent achievement of goals and objectives

• Experience working across functions / matrix organisation to collaborate and build strong relationships
• Operational effectiveness and efficiency
• Clear and effective communication

Qualifications

• Minimum A level standard preferred
• Professional Certification – progress towards Cert CII preferred

Experience

The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.