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Job Title :
Senior Underwriter P&C new business
Location:
Colchester Branch
Role purpose
We are seeking an experienced individual who receives general business direction, markets, underwrites, and services risk insurance products with some complexity within assigned geographic and product areas.
The individual utilizes underwriting authority and market skills to solicit new business and retain existing business. Manages interfaces and relationships with independent agents and brokers to enhance and maintain business opportunities. Responsible for the business results of assigned book of business.
Key ResponsibilitiesDetermines the desirability of accepting or rejecting business risks. Prices exposures in accordance with filed and approved rate levels, discretionary pricing mechanisms, and business unit guidelines.
Identifies the need, recommends and evaluates additional risk assessment information including inspection, financial reports and statements.
Coordinates individual risk underwriting actions with other departments to assure the highest level of customer satisfaction while meeting production and business goals.
Performs product development and marketing activities including identifying producer relationships within assigned market to optimize best solutions for distribution, identifies and suggests new and modified products, identifies producers for business/marketing programs, and analyses producers and market opportunities.
Maintains ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.
Regularly interfaces with customers to provide service and to keep abreast of customer issues.
Sets ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
Role
Skills / CompetenciesPlanning and product development
Client relationship management
Technical and analytical skills
Regulatory & compliance awareness
Problem solving, negotiation & decision making
University degree and professional certification desired with 5-8 years
Working knowledge and understanding of ISO rating and rules.
Minimum 5 years relevant experience in an underwriting position in the Commercial Insurance Market.
Demonstrated competence in maintaining broker/client relationships.
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14101 Arch Europe Insurance Services Ltd
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