Job Description
Underwriter – Property & Package - Bristol
The Opportunity:
We are recruiting for an Underwriter in our Bristol Property & Package team to support our sustained and continued growth plans. In this market-facing role you’ll focus on underwriting open market P&P business across commercial combined and property products with a mid-market focus. This role will be involved in generating new business focusing on broker development whilst partnering with our offices regionally to grow our P&P presence.
Surrounded by supportive colleagues our market-facing underwriters own their own book of business, including a blend of new and existing business, with exposure across complex and technical risks. We empower our underwriters to use their subject matter expertise and experience, with referrals required only where necessary. Whether you have commercial combined or property underwriting experience we are keen to speak with those looking to make their next move!
Your new role
- Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
- Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
- Develop relationships in line with the Business Plan to support the achievement of business objectives
- Understand and comply with our reinsurance strategy to minimise risk and deliver business plan objectives
- Participate fully and use your expertise to shape and develop strategy, knowledge and best practice
- Positively promote the department, division and company as a whole, in order to maximise brand leverage
- Comply with all legal and regulatory requirements to ensure obligations are met
- Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency
- Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
- Ensure clear and prompt communication to UA’s in relation to Underwriting and aggregate exposures ensuring entries on EO systems are accurate
About you
- Experience gained within the insurance industry and good knowledge of underwriting property & packaged business
- Direct or relatable experience in managing new business and generating pipeline
- Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
- Intermediate level understanding of relevant software, including Excel and other departmental software packages
- Understanding of natural catastrophe areas and ability to analyse modelled results
- Excellent organizational, prioritisation and interpersonal skills
- The ability to influence actions and attitudes of others through leading by example
- Negotiating skills, innovative in underwriting approach and programme design
- Use of risk profiling and pricing tools and loss models