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A respected, growing and established niche commercial insurance company who pride themselves on their staff and the service provided to customers are looking to recruit a Senior Scheme Underwriter to join their team due to business growth.
The position of Senior Schemes Underwriter will require the successful candidate to join an existing team in Sutton to assist in the management of a rapidly growing delegated authority schemes business. The successful applicant will need to have a minimum of 5 year's experience in commercial insurance broking/underwriting industry from an Insurer, MGA or Insurance Broker (Experience within the Construction/Hair and Beauty Sector would be of an advantage)
Offering a competitive salary of circa £40,000 DOE plus excellent benefits including 28 days holiday plus your birthday off, stakeholder pension scheme, flexitime system (up to 10 ‘flex’ days per year), Perkbox and Perkbox medical, 7 hour working day, regular performance reviews and lots more!
Interested? Here’s more ….
The successful applicant will provide leadership and technical knowledge to the Underwriting Team, wider business and stakeholders. You will have end to end exposure to insurance products and support the business in meeting its goals. You will help manage existing and new insurer relationships in order to develop existing and new schemes, review existing and new scheme business to ensure that the company continue to act within the binder authority set by insurers.
You will place open market business which falls outside the standard of scheme acceptance. Ensure that regulatory requirements are met and adhered to. Manage the Underwriting team and ensure the team meet and exceed agreed SLA’s and KPI’s. On a day-to-day basis you will also answer calls from the Sales and Customer Services Team ensuring that all questions and queries are answered in a timely manner. Check that all quotations, renewals and mid-term adjustments are processed within the terms of the binder agreement. Produce, review and check upcoming renewals across all schemes.
Who will suit this role?
In addition to the relevant experience listed above, the following qualifications and skills are required:
- Experience in leading / supervising a team of Underwriters
- Experience in training junior colleagues
- Track record of personal development and growth in previous roles
- Experience in encouraging and building positive internal and external relationships
- High level of attention to detail to ensure accurate documentation is maintained
- Excellent communication skills (both written and verbal)
- Excellent numeracy, literacy and IT skills
- CII qualified
- Studying towards ACII desirable
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