Senior Underwriter - P&C

McNeil & Co.; West of England; On-site; GBP 45,000 - 65,000; Full time

Job summary

Arch Europe Insurance Services Ltd. is recruiting for a regional underwriter/account manager to drive profitability and GWP through broker relationships and renewal handling in the region.

You will manage varied renewals, negotiate terms, and align with regional planners to meet loss ratio targets, while maintaining QA standards and reporting. A minimum 3 years in commercial underwriting with CII is expected.

Qualifications

• 3+ years' experience in Commercial underwriting (or broking).
• Full professional CII qualification preferred.
• Strong interpersonal and structured working style.

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

Commercial underwriting

Broker account development

Negotiation

Renewals management

Pricing and risk assessment

Relationship building

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.

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 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.

Role Requirements & Skills

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.

14101 Arch Europe Insurance Services Ltd Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.

Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.