Senior Underwriter - P&C

Arch Insurance (UK) Limited; Bristol; On-site; GBP 40,000 - 60,000; Full time

Job summary

Arch Insurance (UK) Limited is seeking a Commercial Underwriter in Bristol to manage profitability and growth targets. The role involves writing renewals, enhancing broker relationships, and ensuring compliance with company standards.

The ideal candidate will have at least 3 years of experience in commercial underwriting or broking, excellent negotiation skills, and relevant qualifications such as Cert CII. Join us to contribute to our mission of enabling possibilities.

Qualifications

• Minimum 3 years commercial underwriting or broking experience.
• Strong interpersonal skills and structured work approach.

Responsibilities

• Manage profitability and growth by achieving performance targets.
• Write renewals and mid-term adjustments.
• Enhance local presence with key brokers.
• Maintain technical standards in accordance with QA procedures.
• Feed back market intelligence to the team.

Skills

Commercial underwriting experience

Broker account development

Negotiation skills

Effective selling skills

Risk perception skills

Education

Cert CII

Dip CII (preferred)

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.

Key Tasks And Responsibilities

• Achieve Profitability, Growth and Expense targets by managing and operating to the Key Performance Indicators of the region.
• Write renewals and mid-term adjustments of varying complexity up to authority and binder limits. Authority level is reflective of knowledge, experience and qualifications.
• Enhance Arch's standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region's most important brokers.
• Contribute towards business Income & Gross Written Premium (GWP) objectives whilst working towards the business's annual Target Loss Ratios and rate targets.
• Responsibility to ensure survey requests, survey overviews and policy documentation are processed, maintaining all relevant reporting tools.
• Conduct regular case reviews to ensure that technical procedures and standards are followed, in accordance with the Company QA procedures.
• Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
• Maintain personal knowledge of relevant technical issues.
• Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.

Skills / Competencies

• Understanding your insurance market - at least 3 years' experience in Commercial underwriting (or broking)
• Proven broker account development and management
• Being able to negotiate flexibly and appropriately - manage a profitable portfolio
• Renew and manage out individual cases and books of business
• Effective selling skills
• Demonstrates a range of influencing and negotiation approaches
• Risk perception / Risk selection skills
• Pricing of risk accordingly
• Successfully developing effective trading relationships
• Consistently achieving goals and objectives
• Trading successfully in the insurance marketplace
• Experience working across functions / matrix organisation to collaborate and build strong relationships

Qualifications

Minimum Cert CII. Dip CII, or progress towards, is preferred

Experience

The job holder will have at least 3 years Commercial Underwriting experience, strong interpersonal skills and work in a structured, planned manner.