Underwriter

Arch Insurance; Glasgow; On-site; GBP 40,000 - 65,000; Full time

Job summary

Arch Europe Insurance Services Ltd seeks an experienced underwriter to handle new and renewal business within personal authority, with oversight by department managers. The role involves extensive data recording, market research, and travel across Europe and beyond to meet clients and providers.

The ideal candidate will have a university degree (ACII preferred) and experience in the London or Lloyds markets, with strong analytical and relationship-management skills to support profitable,

Qualifications

• Bachelor's degree preferred; not essential.
• ACII preferred; if not held, must attain within 3 years.
• Experience underwriting in London/Lloyds market desired.

Responsibilities

• Underwrite new and renewal business within authority.
• Ensure accurate recording of underwriting information.
• Travel to London, Europe, or USA as required for meetings.

Skills

Planning & development

Client relationship mgmt

Technical & analytical

Regulatory compliance

Negotiation & decision making

Education

University degree

ACII (preferred)

London/Lloyds underwriting experience

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 Responsibilities

• Underwriting new and renewal business in accordance with personal underwriting authority and assisting the department underwriters/manager in other underwriting activities.
• Underwriting a balanced & profitable account.
• Ensure accurate recording of underwriting information on the company’s Xchanging System and any other Departmental computer systems
• Conduct account clearance procedures with other parts of the Corporation for overseas risks, as may be required.
• Undertake internal underwriting reviews of other underwriter’s files as may be directed. Carry out Peer Review and ensure accurate completion and/or review of Peer sheets
• Enter submissions, quotes and bound policies in our XXX underwriting system.
• Undertake Research activities, as directed, for additional underwriting information from the Internet or other external sources.
• Preparation of underwriting exhibits as requested, including excel spreadsheets and/or other underwriting exposure comparison sheets, or work-up related documentation.
• Provide assistance and input in the annual budgeting process, as may be required.
• Preparation and presentation of underwriting data requested by your manager or other members of senior management.
• Acting as an additional underwriting resource which involve traveling between London or other European offices. Attending meetings with the company’s client’s or prospective client’s as may be required. Including travel in UK, Ireland, Continental Europe or USA as may be required.
• Market Arch products and proactively manage broker relationships.
• Providing training & assistance to others in the department.
• Maintenance of appropriate business activity logs to record, submission activity, or premium activity for management reports.
• Assist in the preparation and presentation of underwriting quotation documentation as may be directed.
• Assist in the resolution of outstanding premium receivable issues, as may be directed
• General duties associated with day to day underwriting operations, including file preparation, general filing, answering telephones etc.
• Stay abreast of industry topics and changes in legislation impacting the line of business.

Role Requirements

Skills / Competencies

• Planning and product development
• Client relationship management
• Technical and analytical skills
• Regulatory & compliance awareness
• Problem solving, negotiation & decision making

Qualifications

• University degree – preferred but not essential
• ACII – preferred (if candidate does not currently possess such, will be required to attain within 3 years) Experience
• Relevant market experience in an underwriting position in the London market and/or Lloyds market

14101 Arch Europe Insurance Services Ltd