Senior Regional Underwriter

Covéa Insurance Services Ltd; Chelmsford; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

An insurance services provider is seeking a Senior Regional Underwriter in Chelmsford to enhance broker relationships and underwrite complex risks. The hybrid role includes developing new business and optimizing underwriting practices. Candidates should have extensive underwriting experience and negotiation skills. Competitive salary based on experience and benefits offered.

Benefits

Annual pay review and performance-related bonus

25 days holiday + bank holidays

Access to mental and physical wellbeing support

Health benefits including private medical insurance

Discounted gym memberships

Qualifications

• Detailed knowledge of the regional broker market.
• Extensive experience in underwriting and trading complex commercial combined and real estate business.
• Proactivity, innovation, and drive with a can-do attitude.

Responsibilities

• Develop long, trusted relationships with a panel of brokers.
• Contribute to achieving the regional financial plan.
• Lead the development and underwriting of larger and more complex risks.

Skills

Negotiation skills

Excellent communication

Customer service skills

Decision-making skills

Education

Minimum Dip CII or progress towards

Job description

Senior Regional Underwriter page is loaded

Senior Regional Underwriter

Apply locations Chelmsford Bristol posted on Posted 30+ Days Ago job requisition id R2233

An exciting opportunity has arisen to join or Regional Team as a Senior Regional Underwriter here at Covéa Insurance.

Covéa Insurance offer a wide range of home, motor and commercial insurance backed by our award-winning customer service. Our purpose is to “help protect people against the worst happening and put it right if it does". It’s the reason we are here, and it’s the task we all focus on every day.

The South Regional Trading Team has offices in Bristol, Chelmsford and London, as well as supporting homeworking and hybrid working. Our focus is on underwriting Commercial Combined, Real Estate, Motor Trade Combined and Motor Fleet products. This role as a Senior Regional Underwriter will focus on writing new business for our Commercial Combined and Real Estate products, aligned primarily to Chelmsford and Bristol. We have a fantastic mix of experience with a huge amount of collaboration and support across the team to deliver top class service to our broker partners.

The role is a hybrid role, therefore will involve a mix of working from home and also from our Bristol or Chelmsford office.

What will I be doing?

• Acting as a focal point to develop long, trusted relationships with a panel of brokers, and to leverage and protect profitable business through service excellence and local engagement
• Contributing to the achievement of the regional financial plan through effective use of the personal underwriting authority to optimise the breadth of the underwriting appetite and footprint within strategy
• Leading the development and underwriting of larger and more complex risks, whilst strengthening our reputation in the market
• Building a reputation as an underwriting expert and technical focal point to develop confidence in the underwriting capability of the region, improving the team to deliver the strength & depth to underwrite effectively
• Leading a strong governance culture and awareness of risk across the region, focused on core business and technical discipline
• Operating in line with agreed audit controls and objectives aligned to effective control and implementation of risk management
• Proactively supporting the underwriting relationship with key strategic brokers and customers in the Region to provide a competitive edge and tactical advantage aligned to the delivery of profitable growth
• Contributing to the selection and development of the local distribution panel working closely with the Regional Management team to deliver targeted new business and growth for profit
• Working closely with the Regional Development Manager to develop a pipeline of new business prospects from the regional broker panel, to support the delivery of the broker and regional plans

You should apply if you have…

• Detailed knowledge of the regional broker market
• Ability to negotiate and influence through effective trading skills
• Excellent communication skills with the ability to positively influence key stakeholders and promote our wider proposition
• Proactivity, innovation and drive; taking the lead & adapting to change positively with a can do attitude
• Willingness to provide help, support & to work cooperatively with others
• Strong customer service skills, continuously and proactively looking to improve the quality of service provided to all customers
• Extensive experience in underwriting and trading complex commercial combined and real estate business
• Confident decision-making skills, bringing a strong and decisive approach to underwriting commercial risks
• Minimum Dip CII or progress towards, is preferred

We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.

What’s on offer?

• 36.25 working hours per week with flexitime, (along with a range of flexible working options)
• Annual pay review and performance related bonus
• 25 days holiday + bank holidays, with the option to buy/sell holidays
• Continued professional development through internal training programmes, professional qualifications and apprenticeships
• A wealth of support for your mental, financial & physical wellbeing through our Wellbeing group
• A range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insurance
• Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.
• Generous pension scheme with a 7.5% minimum employer pension contribution, matched to maximum of 9% dependant on your contribution
• Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal

Our Mission…

Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.

As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all. If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.

Salary:

Dependent on Experience

Working hours:

36.25

About Us

At Covéa Insurance we understand that a job is more than just a 9-5, it’s a big part of your life and you need to enjoy what you do.

Our employees are at the heart of our organisation and we’re committed in supporting every individual to help them thrive and develop in our open and inclusive environment.

When it comes to the common misconceptions about ‘dull’ insurance companies, we like to think we break the mould. Our newer employees often tell us they're surprised at how the reality of working for us is pleasantly different to the old fashioned idea they had before!

We want our employees to enjoy working here and we do this by encouraging them to get involved and have fun. We look for opportunities to celebrate everyone’s successes, and we encourage our people to look after each other and give their time to support local charities that mean something to them.