Underwriter, Cargo

The Travelers; Leeds; Híbrido; GBP 45.000 - 65.000; Jornada completa

Descripción de la vacante

The Travelers in Leeds is seeking an experienced Cargo Underwriter to manage profitability through underwriting new business, renewals and mid-term adjustments. You will monitor rate adequacy and ensure compliance with Lloyds standards, while collaborating with agents and clients to drive growth.

In a hybrid work setup, you will rotate three days in the office and two days at home, reporting to the Cargo Lead Underwriter and supporting underwriting policies across the line of business.

Formación

• Previous Cargo insurance experience in underwriting, operations or broker roles.
• University level education or equivalent.
• Studying towards ACII qualification is expected.
• Ability to analyze market factors and make sound pricing decisions.
• Strong communication and relationship-management skills.
• Proficient in using underwriting systems and data for reporting.

Responsabilidades

• Support profitability, growth and retention of the Cargo line and underwriting initiatives.
• Ensure business aligns with Lloyds standards and internal policies.
• Develop assigned lines of business through research and market analysis.
• Enter quotes, risks and endorsements accurately in systems for reporting.
• Prepare reports to support underwriting policies and decisions.
• Build partnerships with Agents, Brokers and Customers to promote strategy.

Conocimientos

Underwriting

Lloyds market knowledge

Analytical thinking

Financial acumen

Communication

Relationship management

Teamwork

Pricing decisions

Educación

University Degree

Descripción del empleo

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings 1

What Is the Opportunity?

With the support and direction of the Cargo Lead Underwriter, manage the profitability of the Cargo line by underwriting and processing new business, renewals and mid term adjustments, monitoring rate adequacy of all business written or handled for Cargo.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company's discretion.

What Will You Do?

• Support the overall profitability, growth and retention of the Line of Business line and consistency of all related underwriting initiatives.
• Ensures that business is written in accordance with the Companys policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with:
• individual underwriting authority and, where relevant, with approval under the Lloyds Individual Registration Byelaw.
• the Units business plan for the relevant year.
• Support the development of assigned Line of Business and services such as researching and identifying target business, competitor information, industry and economic factors across the business.
• Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.
• May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
• Monitor market factors and world affairs as part of research and development of new opportunities.
• Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Companys underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
• Provide guidance, mentoring and coaching to others as appropriate.
• Perform other duties as assigned.

• Experience within the Lloyds market, with a basic understanding of the internal and external factors which impact the market.
• Underwriting experience.
• University Degree.
• Able to demonstrate emerging technical proficiency and application of knowledge commensurate to your underwriting authority.
• Able to make sound quoting and pricing decisions that are in the Companys best interests.
• Intermediate knowledge and ability in respect of judgment, decision making, communication and strong team work.
• Demonstrates Intermediate knowledge and experience in respect of Relationship Management: Seeks out, builds, fosters and maintains productive relationships or alliances to meet goals and achieve objectives.
• Demonstrates Intermediate knowledge and experience in respect of Analytical Thinking/Financial Acumen: Identifies current or future problems or opportunities, analyses, synthesises and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision making.
• Utilises understanding of finance and accounting principles to identify the impact of responsible underwriting decisions on the overall profitability of the business.
• Demonstrates Intermediate knowledge and experience in respect of Product/Technical: Demonstrates technical proficiency and application of knowledge commensurate to his/her underwriting authority.
• Demonstrates Intermediate knowledge and experience in respect of Business Perspective: Uses knowledge of internal and external factors that impact the Lloyds Market to make decisions.
• Expected to be studying towards ACII qualification.

What is a Must Have?

• Previous Cargo insurance experience in either an underwriting, operational or broker capacity.
• Secondary level education or equivalent.