Motor Trade Underwriter

Arch Insurance; Manchester; On-site; GBP 45,000 - 60,000; Full time

Job summary

A well-known insurance firm in Manchester is seeking an experienced Underwriter to deliver efficient case underwriting services and enhance relationships with brokers. The ideal candidate will have at least 5 years of underwriting experience, strong negotiation skills, and an ability to achieve financial targets. This position offers a dynamic work environment focused on collaboration and innovation.

Qualifications

• At least 5 years’ experience in underwriting.
• 2 years’ experience in underwriting Motor Trade risks.
• Consistent achievement of goals and objectives.

Responsibilities

• Service Existing Business whilst writing within risk selection.
• Achieve Bottom Line, Top Line and Expense targets.
• Enhance Arch’s standing nationally by establishing relationships with brokers.

Skills

Underwriting experience

Negotiation skills

Risk perception

Communication skills

Interpersonal skills

Education

A level standard preferred

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.

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