Senior Commercial Underwriter

IDEX Consulting; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a highly motivated Underwriter to spearhead the growth of a profitable portfolio while nurturing strong relationships with insurers and brokers. This dynamic role focuses on underwriting responsibilities and business development across Property, Casualty, and Development lines. The successful candidate will be instrumental in delivering exceptional service, converting business opportunities, and ensuring compliance with regulatory standards. If you are passionate about building partnerships and driving performance in a collaborative environment, this opportunity is designed for you.

Qualifications

• Proven track record in underwriting with a focus on Property, Casualty, and Development lines.
• Strong relationship management skills to build effective partnerships.

Responsibilities

• Build and sustain relationships with brokers and retail customers.
• Ensure professional service delivery to meet company income targets.

Skills

Underwriting

Relationship Management

Business Development

Regulatory Knowledge

Customer Service

Education

Professional Training in Underwriting

Tools

Acturis

SchemeServe

Broker Partners systems

Job description

Role Overview:
We are seeking a highly motivated and experienced Underwriter to lead the expansion of a profitable portfolio while maintaining strong relationships with insurers and brokers. This role involves underwriting responsibilities and business development with a focus on Property, Casualty, and Development lines.

Key Responsibilities:

1. Build and sustain special relationships with existing brokers and retail customers, while targeting new brokers through effective marketing of current products.
2. Ensure professional service delivery of new business and renewals to meet company income targets in line with regulatory requirements and internal procedures.
3. Assist in converting renewals and new business opportunities.
4. Maintain complete electronic files using Acturis/SchemeServe/Broker Partners systems.
5. Collaborate on actions involving brokers, policyholders, and capacity providers.
6. Share expertise with fellow team members and provide support where necessary.
7. Resolve enquiries, credit control issues, and problems efficiently to foster positive broker relationships.
8. Seek and respond to customer feedback proactively.
9. Mitigate and address conflicts of interest effectively.
10. Support business unit key performance indicators and targets as directed.
11. Comply with regulatory requirements, including the Financial Services and Markets Act 2000, FCA regulations, and internal company policies.

Qualifications and Skills:

1. Proven track record in underwriting with expertise in Property, Casualty, and Development lines.
2. Strong relationship management skills to build and maintain effective partnerships with brokers and retail customers.
3. Proficient in using electronic file management systems (e.g., Acturis/SchemeServe).
4. Knowledge of regulatory frameworks, including FCA Code of Conduct (COCON).
5. Commitment to ethical behavior and treating customers fairly.
6. Dedication to ongoing professional training and development.