Senior Underwriter - P&C

Arch Capital Group Ltd.; Gloucester; On-site; GBP 45,000 - 65,000; Full time

Job summary

Arch Europe Insurance Services Ltd in Bristol, United Kingdom, is seeking a Commercial Underwriter with at least 3 years of experience to help achieve profitability and growth in the region. You will manage renewals and broker relationships while maintaining QA standards.

Responsibilities include writing renewals, negotiating terms, processing policy documentation, and collaborating with claims/survey teams to support business objectives.

Qualifications

• Minimum Cert CII.
• Dip CII preferred or progress towards.
• At least 3 years Commercial underwriting experience.

Responsibilities

• Achieve profitability and growth targets by regional KPI management.
• Write renewals and mid-term adjustments with authority and binder limits.
• Maintain broker relationships with key directors and staff.
• Process survey requests and policy documentation.
• Conduct case reviews aligning with QA procedures.
• Share market intelligence with regional leadership.
• Collaborate with claims and survey teams.

Skills

Commercial underwriting

Broker account management

Negotiation skills

Portfolio management

Sales skills

Risk assessment

Relationship building

Cross-functional collaboration

Education

Cert CII

Dip 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.To achieve regional GWP, income and profit objectives through the delivery of an efficient service to brokers, supporting the management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.

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 Arch's standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region's most important brokersContribute 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.

Role Requirements & Skills

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

14101 Arch Europe Insurance Services LtdSummaryLocation: Bristol, United KingdomType: Full time