Trading Underwriter

ARAG Legal Services UK; West of England; On-site; GBP 40,000 - 65,000; Full time

Benefits offered by this job

Holiday allowance (26 days + 5 days)

Pension scheme

Income protection

Legal protection

Health cash plan

Motor/home emergency assistance

Cycle scheme (salary sacrifice)

Employee discounts hub

Sports & Social club

Job summary

ARAG UK in Bristol is seeking a Trading Underwriter to join our high performing Underwriting department. The role involves analysing data to review and quote scheme and standalone policies, and setting up new business in line with policies and authorities.

You will meet with business partners to negotiate renewal terms, provide performance updates and proactively manage their insurance risk, while collaborating with internal and external stakeholders at all levels.

Qualifications

• Experience in underwriting or in insurance/financial services is advantageous.
• Proficient in MS Excel for data review and analysis.
• Able to lead complex underwriting conversations with business partners.

Responsibilities

• Analyse data sets to review and quote scheme and standalone policies.
• Set up scheme and standalone business in line with policies and authorities.
• Negotiate renewal terms with business partners and provide performance updates.
• Identify underwriting issues and work with stakeholders to resolve them.

Skills

Underwriting experience

Data analysis

Communication skills

Tools

MS Excel

Job description

We have an excellent opportunity for a Trading Underwriter to join our high performing Underwriting department at ARAG UK. Based in central Bristol this is a great opportunity to work alongside Senior and Assistant Trading Underwriters, and have responsibility for dealing with business partners and providing our partners with a bespoke service.

In this key role, the successful candidate will be analysing data sets to review and renew/quote scheme and standalone policies to ensure profitability. You’ll also be responsible for setting up scheme and standalone business, ensure policy literature and agreements in place in line with policies, procedures and underwriting authorities.

You’ll also will meet with our business partners to negotiate renewal terms, provide performance updates and proactively manage their insurance risk. In addition, you will be responsible for identifying any underwriting issues negatively impacting our business partners, working with internal and external stakeholders to resolve these issues to our business partners satisfaction.

This is a great opportunity to showcase your communication and relationship building skills and demonstrate experience of effective collaboration with business partners and internal stakeholders across all levels.

About You

Ideally, we’re seeking candidates with previous underwriting experience but if not, insurance or financial services experience would be advantageous.

It's important to the role that the successful applicant can demonstrate previous experience using MS Excel to review and analyse data, and an innovative approach and ability to develop meaningful and long term relationships with business partners in addition to:

• The ability to work at pace whilst maintaining an accurate, high quality output;
• An ability to manage different projects and tasks, while meeting challenging deadlines and exceeding customers’ expectations; and
• The ability to lead complex underwriting conversations with business partners.

As a team we are passionate and enthusiastic about what we do. Our people are encouraged to think independently and to take ownership of our work. You will be agile in the way that you work and adaptable to change. In return for your commitment, we will offer you generous remuneration and an attractive benefits package which will include:

• 26 days holiday with the option to buy up to a further 5 days
• Company pension scheme with the option to increase contributions
• Group Income Protection for all employees
• Group Legal Protection for all employees
• Health cash Plan
• European Motor Assistance and Home Emergency Assistance
• Salary sacrifice benefits including Cycle scheme
• Access to our employee discounts hub offering exclusive discounts across thousands of retail partners, including discounted gym memberships at over 3,000 gyms across the UK
• The option to join our Sports and Social club which organises discounted events such as theatre visits and shopping trips