Senior Underwriter - P&C

Arch Capital Group Ltd.; West of England; On-site; GBP 45,000 - 75,000; Full time

Job summary

Arch Europe Insurance Services Ltd in Bristol seeks a seasoned Commercial Underwriter to manage broker accounts and deliver regional profitability within Arch’s strategy.

The role emphasizes renewals, pricing and relationship management, collaborating across functions to achieve GWP targets, favorable loss ratios and strong market presence.

Qualifications

• 3+ years in Commercial underwriting or broking.
• Strong interpersonal and relationship-building skills.
• Ability to manage profitable portfolios and negotiate.
• Renewals and mid-term adjustments up to authority/binder limits.
• Understanding market dynamics and target loss ratios.

Responsibilities

• Achieve profitability, growth and expense targets by using KPIs.
• Write renewals and mid-term adjustments up to authority and binder limits.
• Build relationships with key brokers to raise Arch's local profile.
• Contribute to income and GWP targets while meeting target loss ratios and rate targets.
• Ensure survey requests and policy documentation are processed with reporting tools.
• Conduct regular case reviews to ensure QA standards.
• Feed back technical and market intelligence to regional team.
• Maintain knowledge of relevant technical issues.
• Collaborate with claims and survey teams when required.

Skills

Commercial underwriting

Broker account development

Negotiation

Pricing risk

Relationship building

Goal orientation

Education

Certificate/ Dip CII in progress

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

• 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.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

14101 Arch Europe Insurance Services Ltd

Summary

Location: Bristol, United Kingdom

Type: Full time