Underwriting Manager

GB001 Marsh Ltd; Birmingham; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading company in insurance brokerage is seeking an Underwriting Manager to join its Marsh Portfolio Solutions team. The role involves managing delegated underwriting authority, overseeing policies compliance, and providing training to junior staff. This position promises professional development opportunities as part of a diverse and flexible work culture.

Benefits

Professional development opportunities

Supportive leaders

Vibrant and inclusive culture

Qualifications

• Proven experience in Casualty insurance from an Underwriting, Broking, or Claims background.
• Comprehensive understanding of market dynamics.
• Experience handling delegated authority business is beneficial.

Responsibilities

• Manage the overall facility and a junior team member.
• Ensure compliance with Delegated Underwriting Authority.
• Provide training on Technical Underwriting.

Skills

Technical insurance knowledge

Excellent communication skills

Interpersonal skills

Understanding of London insurance market dynamics

Tools

Placing Platform Limited (PPL)

Whitespace

Job description

Social network you want to login/join with:

We are seeking a talented individual to join our Marsh Portfolio Solutions (MPS) team at Marsh. As an Underwriting Manager, you will take on a unique position within MPS, managing the overall facility and a junior team member. You will ensure that our binding authority is managed in line with Delegated Underwriting Authority (DUA) procedures, regulatory requirements, and best practices, while also fostering relationships with the Casualty Facility Insurer and the Bowring Marsh Casualty Practice.

We will count on you to:

• Ensure that individual risks are bound promptly and in accordance with the Delegated Underwriting Authority and review efficiencies.
• Ensure full compliance with the Delegated Authority from insurers.
• Provide training to the transactional placement team on Technical Underwriting.
• Build relationships with senior stakeholders, Bowring Marsh Casualty Practice brokers, and Senior Brokers around the Marsh global network, including attending regular meetings.
• Execute due diligence and internal/external audit processes for delegated authority relationships, ensuring adherence to risk and compliance frameworks.
• Track and achieve all KPIs and SLAs for all contractual obligations.

What you need to have:

• Proven experience of working within Casualty insurance from an Underwriting, Broking, or Claims background is essential.
• Comprehensive understanding of London insurance market dynamics and core processes.
• Technical insurance knowledge on Casualty Insurance (International/US).
• Excellent communication and interpersonal skills.

What makes you stand out:

• Experience using the Placing Platform Limited (PPL) or Whitespace when placing risks.
• Experience in handling delegated authority business is beneficial.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at Marsh McLennan. We are committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.