Underwriter (Property)

Arch Insurance (UK) Limited; Colchester; Presencial; GBP 40.000 - 70.000; Jornada completa

Descripción de la vacante

Arch Insurance (UK) Limited is seeking an underwriting professional to achieve income and profit objectives through efficient case underwriting, writing within appetite and authority. You will work with brokers and internal stakeholders to meet divisional goals and regulatory requirements.

The role emphasizes accurate record-keeping, adherence to standard work, and collaboration across UKR regional offices to enhance the company's national standing.

Formación

• At least 2 years' experience in underwriting.
• Negotiation and selling skills required.
• Strong organisational skills are essential.
• Clear and effective communication.
• Experience working across functions / matrix organisations.

Responsabilidades

• Manage own cases (renewal and/or new business) within appetite and underwriting authority.
• Handle referral cases for less experienced underwriters/apprentices.
• Maintain accurate records of underwriting decisions.
• Adhere to company and NUH prescribed processes and standards.
• Support QA procedures by case reviews to ensure procedures are followed.
• Aim to improve divisional retention, conversion, rate and loss ratio targets.
• Build strong relationships with broking partners to enhance Arch's national presence.
• Demonstrate robust negotiation skills to support conversion and broker relationships.
• Collaborate with UKR regional offices and other parts of the organisation.

Conocimientos

Underwriting experience

Negotiation skills

Sales abilities

Organisational skills

Communication skills

Regulatory understanding

Educación

A level

Cert CII – progress towards

Descripción del empleo

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℠.

Role Summary And Purpose

To achieve income and profit objectives through the delivery of efficient case underwriting, ensuring that all underwriting decisions align with internal guidelines, appetite and regulatory requirements.

Working closely with brokers and internal stakeholders to achieve divisional strategy, financial plan and personal objectives.

Key Tasks And Responsibilities

• Manage own cases (renewal and/or new business), writing within appetite, and underwriting authority.
• Handle referral cases for Underwriters/Apprentices with less experience, whilst adhering to individual authority level.
• Maintain accurate records and documentation of underwriting decisions.
• Adopt and adhere to company and NUH prescribed processes and best practice / standard work.
• Support the Company’s QA procedures by conducting case reviews, when required, to ensure that technical procedures and standards are followed.
• Work towards divisional retention, conversion, rate and loss ratio targets.
• Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.
• Display strong negotiation skills that aide conversion and relationships with all key brokers.
• Maintain and enhance personal knowledge of relevant technical topics.
• Work collaboratively with other parts of the organisation, most notably the UKR regional offices.
• Maintain and enhance personal knowledge of relevant technical topics.
• Work collaboratively with other parts of the organisation, most notably the UKR regional offices.

Role Requirements & Skills

• At least 2 years' experience in underwriting
• Being able to negotiate flexibly and appropriately
• Effective selling skills
• Strong organisational skills
• Risk Perception
• Pricing of risk accordingly
• Successfully developing effective trading relationships
• Consistently achieving goals and objectives
• Experience working across functions / matrix organisation to collaborate and build strong relationships
• Operational effectiveness and efficiency
• Clear and effective communication

Qualifications

• Minimum A level standard preferred
• Professional Certification – progress towards Cert CII preferred

Experience

The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.

14101 Arch Europe Insurance Services Ltd