Senior Financial Lines Underwriter (Fixed Term Contract)

Wrbunderwriting; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a Senior Financial Lines Underwriter for a fixed-term contract. In this pivotal role, you will contribute to and implement underwriting strategies, manage renewals, and oversee portfolio management to optimize performance. Your expertise will guide the underwriting team in executing sound business decisions while fostering a diverse and inclusive culture. This is an exciting opportunity to make a significant impact within a collaborative environment, where your skills in communication and negotiation will be essential for success. Join this dynamic team and help shape the future of underwriting.

Qualifications

• Extensive underwriting experience required in the Class of Business.
• Strong communication, negotiation, and analytical skills are essential.

Responsibilities

• Develop and implement underwriting strategies to achieve business goals.
• Manage renewals and new business to meet premium plans.

Skills

Underwriting experience

Commercial knowledge

Financial knowledge

Communication skills

Negotiation skills

Analytical skills

Problem-solving skills

Interpersonal skills

Tools

Underwriting tools

Job description

Join to apply for the Senior Financial Lines Underwriter (Fixed Term Contract) role at W/R/B Underwriting (a Berkley Company)

4 days ago Be among the first 25 applicants

Responsibilities

1. Responsible for the contribution towards and implementation of the underwriting strategy within the Underwriting Team. Executes and monitors the underwriting activities with regular contact with the Underwriting Management Team.
2. Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
3. Proactively manages renewals, renewal change, and new business to achieve premium plan.
4. Executes portfolio management strategies to drive a better loss ratio and achieve plan.
5. Proactively manages direct commissions and direct expenses to achieve plan.
6. Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
7. Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
8. Works collaboratively with support areas to meet service standards.
9. In collaboration with Underwriting Leadership, proactively manages distribution partners. Acts as broker liaison for assigned products.
10. Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
11. Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
12. Acts as product line expert for area of expertise.
13. Organises and provides technical training to junior personnel.
14. Promotes a diverse and inclusive culture.
15. Acts as an effective role model for others.
16. Performs training within agreed timeframes.

Qualifications

1. Extensive underwriting experience and knowledge in the Class of Business.
2. Sound commercial and financial knowledge.
3. Knowledge of the insurance regulatory environment.
4. Strong communication, negotiation and interpersonal skills.
5. Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
6. Ability to exercise individual judgment and effectively make sound business decisions.
7. Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
8. Outcome focused, self-motivated, flexible and enthusiastic.
9. Ability to work within and promote a diverse and inclusive culture.

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Finance and Sales

Industries

Insurance