Underwriter - Regional Marine & Freight Liability

jobs24.co.uk; Birmingham; Hybrid; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking an experienced Underwriter to join their Regional Marine Cargo and Freight Liability team. This role offers a unique opportunity to work closely with new business Underwriters and manage renewal business across the UK. With a focus on collaboration and innovation, you will contribute to the overall profitability and growth of the business while ensuring compliance with all underwriting standards. Enjoy the flexibility of hybrid work arrangements and a supportive environment that encourages professional development. If you are passionate about making a difference in the insurance sector, this position is ideal for you.

Benefits

Private Medical Insurance

Retirement Contributions

25 Days Holiday Entitlement

Wellness Programme

Volunteer Encouragement

Qualifications

• Degree preferred with experience in Property and Casualty insurance.
• Strong communication and relationship management skills required.

Responsibilities

• Underwrite business in accordance with company policies and standards.
• Support profitability and retention of the Line of Business.

Skills

Property and Casualty Insurance

Communication Skills

Relationship Management

Team Collaboration

Adaptability

Education

Degree

Secondary Level Education

Tools

Windows MS Office

Job description

We are looking for an experienced Underwriter to join our Regional Marine Cargo and Freight Liability team. In this role, you will collaborate closely with new business Underwriters to manage all renewal business across the UK. This is a great opportunity to contribute to the success of our book while developing your career. Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This policy may be changed at the Company's discretion. This role is eligible for a £1,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.

What Will You Do?

1. Support the overall profitability, growth and retention of the Line of Business and consistency of all related underwriting initiatives.
2. Underwrite on a day-to-day basis in accordance with limited authority to ensure a timely and professional service to clients.
3. Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards.
4. Utilise appropriate systems to accurately enter quotes, risks and endorsements, ensuring correct management, statistical and regulatory reporting.
5. Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
6. Gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
7. Act in accordance with Travelers Companies' Code of Business Conduct and Ethics, Business Excellence Policy and all HR policies and procedures.
8. Deliver high-quality service to brokers and customers in line with our service standards.
9. Comply with all legal, insurance, regulatory, Lloyd's and Sarbanes Oxley rules and guidelines.
10. Act at all times in compliance with the Treating Customers Fairly outcomes.
11. Work as a team with colleagues within the Company and the Enterprise.
12. Develop strong relationships with our key supporting brokers and customers and all other key external stakeholders.
13. Adhere to the Company's policies and procedures.
14. Keep adequate records of all transactions undertaken with brokers, customers, and all other parties.
15. Continually look for improvement from both a personal and business perspective.
16. Perform other duties as assigned.

Benefits

1. Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
2. Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
3. Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
4. Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
5. Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.

Minimum Requirements

1. Degree preferred.
2. Previous experience working with Property and Casualty insurance preferred.
3. Previous underwriting experience preferred.
4. Able to effectively share information and build team support.
5. Able to communicate clearly.
6. Able to develop effective working relationships internally and externally.
7. Actively attempts to influence events to achieve goals.
8. Demonstrates ability to apply guidelines appropriately.
9. Able to adapt in a variety of situations.
10. Able to determine priorities and effectively schedule time.
11. Basic knowledge in respect of Relationship Management.
12. Expected to either already be studying, or be willing to study towards ACII qualification.

What is a Must Have?

1. Previous Property and Casualty insurance experience.
2. Previous experience of Windows MS Office.
3. Secondary level education or equivalent required.

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 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where