Job Description

Salary:

45,000.00 - 55,000.00 (depending on experience)

Working hours:

35 hours per week

Duration:

Permanent

Location:

Manchester



About the role

Lloyd & Whyte

, who are proudly part of

Benefact Group

, are looking for an experienced

Underwriter

to join our

Mi Specialty team in their

Manchester

location

.

This individual will be responsible for:
Underwriting Commercial risks from a regional designated panel of broking intermediaries within Company underwriting authority levels.
Work collaboratively with both external Insurer and Re-Insurer partners in delivering underwriting solutions to broking intermediaries
To achieve profitable growth in line with Mi Specialty's regional and company wide objectives and to provide a reference point for training of technical underwriting and product knowledge.

The successful candidate will have excellent knowledge of the Northern Insurance markets and proven experience in Commercial Insurance Underwriting within the UK, through MGA businesses.
Joining our rapidly expanding and innovative Group presents a fantastic opportunity to develop your career and become an integral part of an inclusive, purpose-led organisation.



Key responsibilitiesTo comply with and follow at all times the Underwriting Authorities applicable and to ensure that standards of Underwriting are in accordance with Company Guidelines and within the Binding Authorities
Ensure service standards are met and to ensure work is carried out within the Treating Customers Fairly/Contract Certainty Guidelines
To ensure that all internal and external customers including anyone within the L&W Group, claimants, service providers and third parties who may come into contact with Mi Specialty personnel are dealt with in a professional manner.
To ensure all work and conduct adheres to Company Policy and specific Mi Specialty Underwriting procedures and to ensure all Conflicts of Interest are reported to the Director of Underwriting once identified.
To generally assist in the regional MGA business planning process as well as specifically in respect of classes personally written.
Attend market seminars and training courses, to further develop and practice industry and personal skills.
Be conversant with Lloyd's, the FSA and local office reporting requirements including Coverholder regulatory terms and conditions.
Underwrite new business profitably, accurately and in line with established Underwriting practice.
Assist with maintaining and developing business relationships with intermediaries and respond to customers' requests for information whilst actively seeking to develop new brokers and regularly meet with them to discuss new business development opportunities and development of existing business.
Issue quotations including new and renewal, Policy Documentation, including Endorsements, Mid Term Adjustments, Survey Risk Improvements in a timely and professional manner, ensuring compliance with Company TCF and CC guidelines.
To assist with the development and implementation of procedures and business process re-engineering; reviewing procedures ensuring they are up to date, accurate and appropriate for the business.
To maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role.
Knowledge, skills and experience

Previous experience working in a similar role & location
Excellent knowledge of the Northern Insurance markets (predominantly Manchester)
Proven experience in Commercial Insurance Underwriting within the UK, through MGA businesses.

What we offer28days annual leave plus bank holidays
Your birthday off
Group Personal Pension
Bonus scheme
A holiday buy scheme
An array of health and wellbeing benefits, company cash plan, income protection and life assurance
Enhanced sick pay and parental leave
Support and funding toward study and professional qualifications
Paid time off for volunteering

Lloyd & Whyte

offer a range of specialist insurance services to a variety of clients. Our specialisms range from niche scheme insurance for Healthcare professionals to expert insurance for commercial motor vehicles and professional broker-to-broker insurance services. We also have a wide range of personal insurance services that cover homeowners from standard houses through to thatch & listed character properties and high value homes. The Lloyd & Whyte Group is split into five different client divisions which include multiple companies and brands.

Benefact Group

is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away 250 million since 2014. We have ambitious plans to become the UK's number one corporate donor, with strategic objectives in place to double the Group's size.
We believe it's essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.

Directory of Social Change's UK Guides to Company Giving 2017-26*