Underwriter (Cargo & Freight)

ENGINEERINGUK; Manchester; On-site; GBP 35,000 - 65,000; Full time

Job summary

An established industry player is seeking a Cargo & Freight Underwriter to join their Manchester team. In this full-time role, you will manage a profitable portfolio, provide technical underwriting expertise, and cultivate strong relationships with intermediaries. The company fosters a supportive environment where you can thrive and achieve your goals. With a focus on customer service and business development, you will play a key role in the company's long-term trading objectives. This position offers a blend of responsibilities that will enhance your underwriting skills while contributing to the company's success.

Benefits

25 days Annual Leave + Bank Holidays

10% Non-contributory Pension

Eligibility for an Annual Bonus

Private Medical + Dental Insurance

Critical illness insurance + Life Assurance

Wellbeing and Development Scheme

Electric Vehicle Salary Sacrifice Scheme

Study & continuing Professional Development Support

Hybrid Working + IT Home Set-up Support

Qualifications

• High level of underwriting knowledge and understanding of technical underwriting.
• Excellent communication skills and ability to interpret management information.

Responsibilities

• Manage a profitable portfolio and develop relationships with intermediaries.
• Make effective decisions and assist in maintaining a balanced portfolio.
• Identify and close business opportunities while ensuring customer service.

Skills

Underwriting knowledge

Technical underwriting

Communication skills

Management information interpretation

Market knowledge

Job description

About us

At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Underwriter (Cargo & Freight)

We are currently looking for a Cargo & Freight Underwriter to be based in Manchester on a full-time basis, reporting into the Team Leader.

You will achieve and maintain a profitable, well balanced and growing portfolio with allocated intermediaries and customers to assist in meeting long term trading objectives of the Company. You will provide technical underwriting expertise and guidance to less experienced underwriting staff.

Responsibilities:

• Undertaking end-to-end handling for the allocated portfolio to deliver the agreed joint business development plans in line with the Company's overall trading strategy.
• Make effective decisions, within delegated authority, for allocated intermediaries so that work is completed efficiently.
• Working with the underwriting team, develop strong relationships with allocated intermediaries, balancing intermediary needs with the Company's trading objective in a way that will deliver profitable and balanced trading growth.
• Plan and process own work in a way that will assist the team to meet its customer service targets including credit control targets.
• Identify, define and close business opportunities, seeking the input of other members of staff where appropriate, to ensure that business proposals are dealt with swiftly and effectively, securing business for the Company.
• Act as a reference point on all issues for the allocated intermediary/customer or less experienced staff, so that a high level of customer service is delivered.
• Assist in maintaining a balanced and high quality portfolio, optimising the use of information gathered.
• Other ad-hoc tasks as required by the business.
• Undertake other duties as directed within the level of the job function.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk.

Knowledge and Skills

• High level of underwriting knowledge.
• Understanding of technical underwriting, philosophy and Company trading strategy.
• Ability to interpret and effectively use management information.
• Excellent communication skills.
• Knowledge of the local market.
• Internal relationships with Line of Business Managers, team members, Underwriters, the Claims Department and the Syndicate.
• External relationships with a range of contacts within the allocated intermediaries and customers.

Benefits

• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support

#BePresent #BeBold #BeCurious