Assistant Underwriter, Commercial Insurance

Manchester, United Kingdom

Job Description

Job Category: Underwriting
:
We have a new role available to join our Manchester office as an Assistant Underwriter
This is a key role within our commercial insurance team where you will contribute to the achievement of business and corporate goals relating to renewal retention, rate, exposure, service, and producer/client relations. As Assistant Underwriter, you will support the underwriters with day-to-day administrative and technical responsibilities, develop your own underwriting abilities, and take ownership of key operational functions.
Key Responsibilities:

  • Responsible for a group of accounts and the issuance of renewal terms as per established guidelines for that book of business.
  • Ensure renewal terms are delivered promptly within agreed guidelines.
  • Handle any renewal updates from brokers and re-issue the renewal quote as necessary.
  • Upon receiving bind instructions, ensure timely action to allow the premium to be booked and policy documentation to be issued.
  • Manage mid-term actions for allocated accounts, liaising with Operations and Offshore teams to ensure administrative matters are handled efficiently.
  • Prepare risk referrals and seek approval from the appropriate authority holder as necessary if outside your underwriting authority or where assistance is required.
  • Maintain knowledge of all relevant product lines, appetite, and policy wordings.
  • Follow and align with underwriting processes and protocols as mandated by the Product Line for your portfolio of accounts.
Qualifications:
  • Experience within Commercial Insurance - from either an Underwriting or Broker background.
  • Ability to demonstrate application of technical underwriting knowledge.
  • Experience working independently and as part of a team.
  • Knowledge of policy forms.
  • Ability to use initiative and prioritise work effectively.
  • Strong relationship-building skills.
  • Demonstrated desire to continue professional development.

Skills Required

Beware of fraud agents! do not pay money to get a job

MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD4602582
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    Manchester, United Kingdom
  • Education
    Not mentioned