Senior Property & Casualty Underwriter

Posted 26 November 2024
Salary £55000.00 - £60000.00 per annum + hybrid & annual bonus
LocationBirmingham
Job type Permanent
Specialism Insurance
Reference64153_1732698785
Expiry 27 December 2024

Job description

New Business Senior Underwriter
Property and Casualty
Birmingham City Centre
£55,000 - £60,000

Working for one of the largest Insurers in the UK who have a huge global presence, this role is working within their leading SME department where they have an incredible culture and a proven track record within the industry. They have won various awards during 2024 and continue to be the best in class.

As a Senior Underwriter, you'll play a critical role in managing the branch's profitability and income, impacting financial results for designated accounts and broker partners. Your expertise will also influence the Underwriting team's development, fostering collaboration with key stakeholders and enhancing the branch's technical and trading capabilities.

The Benefits:
* Competitive Annual Salary: A robust financial package that values your skills.
* Hybrid (2 days per week working from home)
* Performance-Based Bonus: Annual bonuses reflecting company and individual achievements.
* Generous Pension Contributions: Contributory pension scheme with up to 12% employer contributions.
* Life Assurance: Coverage up to 10x your annual salary.
* Ample Paid Time Off: 25 days of annual leave, plus Bank Holidays, with options to buy or sell additional days.
* Exclusive Employee Discounts: Special discounts across company services.
* Health & Wellness Benefits: Including gym benefits to support your overall wellbeing.

Key Responsibilities:

* Represent the organization by presenting solutions for larger Mid-Market and Mid-Corporate risks, utilizing industry knowledge and technical underwriting expertise.
* Collaborate with Trading Underwriters to develop customized coverage options that align with client needs.
* Build and manage a robust pipeline of qualified Mid-Market and Mid-Corporate growth opportunities, strengthening relationships with brokers and clients.
* Lead large case management for new business, with a focus on profitable growth.
* Develop collaborative broker relationships to drive commercial business generation and retention.
* Underwrite new business in alignment with company standards, serving as a referral point for other team Underwriters.
* Maintain a strategic communication plan with influential brokers to ensure financial KPIs are met.
* While this role does not have direct reports, you will be supporting and coaching other Underwriters to enhance team performance.

What You'll Bring to the Team:
* A flexible, growth-focused mindset, eager to challenge existing processes and improve outcomes.
* Extensive technical underwriting expertise within a commercial insurance environment.
* A thorough understanding of the insurance market and commercial lines processes.
* Strong interpersonal skills with experience in decision-making across varied underwriting scenarios.
* High commercial awareness, negotiation skills, and the ability to cultivate lasting broker relationships.
* Excellent analytical abilities, with experience in account monitoring and action planning.

Please apply with your latest CV to be put forward for this Underwriting role!

Time Recruitment Solutions Ltd is acting as an Employment Agency in relation to this vacancy.