Assistant Underwriter
other jobs Massenhove Recruitment Limited
Added before 5 Days
- England,London,City of London
- Full Time, Permanent
- £35,000 - £45,000 per annum
Job Description:
Full job descriptionJob Title – Assistant Underwriter
Job Sector – Property Insurance
Job Location – London
Salary - £35,000 to £45,000
Purpose of Role/Job Overview:
*To provide efficient, timely and professional support for New Business and general
*enquiries
*Must have experience in Property for the SME package policies and at least 2 years’ experience in the SME package policies sector.
*To achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels.
*To positively reinforce and display the clients values and to actively drive the business forward in achieving its objectives.
Key Accountabilities:
*Meeting and where possible, exceeding brokers service levels and expectations.
*Support wider team
*Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
*Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
*Build and maintain strong relationships with key trading partners to maximize influence.
*Support the development and operation of sales campaigns to drive the acquisition of profitable business.
Other Activities, Duties and Responsibilities:
*Maintain and develop market awareness.
*Maintain good working relationships with all internal departments.
*Maintain an open communication ethos with colleagues and managers.
*Demonstrate "model behaviours"
*Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
*Contribute to wider business activities.
*Operate within individual underwriting authorities and guidelines
Qualifications:
*A minimum of five GCSE’s (A*-C grades, to include Maths and English) or equivalent
*Cert CII
Knowledge:
*An understanding of the UK insurance market
*A broad knowledge of SME Property owners and/or Commercial insurance
*A thorough understanding of underwriting processes
Skills/Abilities/ Competencies:
*Good communication and organizational skills
*Ability to manage time effectively, set priorities and meet deadlines
*Ability to learn and adapt to change
*Desire/ability to work successfully in a small company environment
*Proven ability in developing key working relationships and business opportunities
*Understanding of good negotiation and decision-making skills
*Market knowledge of legal and regulatory requirements as well as technical proficiency on wordings
*A strong level of numeracy, analytical and literacy skills
*Strong organizational and prioritization skills
*The ability to influence actions and attitudes of others through leading by example
Experience:
*Minimum of 2 years relevant experience in the insurance industry
Personal Attributes:
*A friendly professional demeanour and ability to excel in a team-oriented environment
*Natural at giving direction to and mentoring less experienced colleagues
*Driven to go ’above and beyond’ to provide best in class service to insurer and broker partners
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request.
Job Sector – Property Insurance
Job Location – London
Salary - £35,000 to £45,000
Purpose of Role/Job Overview:
*To provide efficient, timely and professional support for New Business and general
*enquiries
*Must have experience in Property for the SME package policies and at least 2 years’ experience in the SME package policies sector.
*To achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels.
*To positively reinforce and display the clients values and to actively drive the business forward in achieving its objectives.
Key Accountabilities:
*Meeting and where possible, exceeding brokers service levels and expectations.
*Support wider team
*Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
*Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
*Build and maintain strong relationships with key trading partners to maximize influence.
*Support the development and operation of sales campaigns to drive the acquisition of profitable business.
Other Activities, Duties and Responsibilities:
*Maintain and develop market awareness.
*Maintain good working relationships with all internal departments.
*Maintain an open communication ethos with colleagues and managers.
*Demonstrate "model behaviours"
*Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
*Contribute to wider business activities.
*Operate within individual underwriting authorities and guidelines
Qualifications:
*A minimum of five GCSE’s (A*-C grades, to include Maths and English) or equivalent
*Cert CII
Knowledge:
*An understanding of the UK insurance market
*A broad knowledge of SME Property owners and/or Commercial insurance
*A thorough understanding of underwriting processes
Skills/Abilities/ Competencies:
*Good communication and organizational skills
*Ability to manage time effectively, set priorities and meet deadlines
*Ability to learn and adapt to change
*Desire/ability to work successfully in a small company environment
*Proven ability in developing key working relationships and business opportunities
*Understanding of good negotiation and decision-making skills
*Market knowledge of legal and regulatory requirements as well as technical proficiency on wordings
*A strong level of numeracy, analytical and literacy skills
*Strong organizational and prioritization skills
*The ability to influence actions and attitudes of others through leading by example
Experience:
*Minimum of 2 years relevant experience in the insurance industry
Personal Attributes:
*A friendly professional demeanour and ability to excel in a team-oriented environment
*Natural at giving direction to and mentoring less experienced colleagues
*Driven to go ’above and beyond’ to provide best in class service to insurer and broker partners
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request.
Job number 4100516
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Company Details:
Massenhove Recruitment Limited
Company size: 5–9 employees
Industry: General Insurance
About Massenhove Recruitment:Formed in 2004 as a full-service agency to the London Insurance market.Recognised today as an established recruiter withi...