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Underwriter

Posted on Aug 2, 2019 by CV-Library

Essex, United Kingdom
Accountancy
Immediate Start
£25k - £30k Annual
Full-Time
Our Client, a market leading Employer has a new opportunity for an enthusiastic and proactive individual looking to develop and progress their underwriting career.

What will I be doing?

As an experienced Underwriter you will be responsible for the evaluation of pricing proposals and making pricing recommendation. You will assist in the preparation of contract reviews and support in the relationship with Underwriters for the provision of pricing and all general underwriting matters.

Day to day tasks:

Review underwriting pricing proposals and make a recommendation for terms

Provide guidance and assistance with the preparation of underwriting papers and assisting in the calculation of premium terms

Assist in proactively identifying any scope for improvements in current pricing process and implementing changes

Support the Head of Underwriting in day to day relationships

Engagement in negotiations with Underwriters to agree and vary terms of binding authorities

Attend conference calls and review meeting with Underwriters

Action requests for Management Information from Underwriters

Attend wording committee meetings to determine underwriting impact/exposure on policy wording changes

Assist in contract reviews across all business lines

Recommend terms to identify which contracts require re-pricing due to performance issues

Update systems with required renewal actions

Who are we looking for?

To be a successful candidate for this vacancy, you must have at least 1 year's previous underwriting experience. You will also have strong excel and analytical skills, excellent attention to detail and be able to communicate both verbally and written. It is important for you to be able to work on tasks without supervision and therefore be a confident decision-maker.

Ideally candidates will have a minimum of 5 GCSE's at A-C grades (including English and Maths). Any knowledge of pivot tables or a CII diploma/ certification would be a bonus!

You must be able to drive to reach the office location.

Company Benefits

25 days annual leave allowance

Employee Wellbeing scheme including Fitbit

Plenty of free parking

Free fruit and refreshments including Nespresso coffee machines

Travel insurance

Reference: 210537323

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