South West / South Wales: Gloucestershire.
£40,000 - £50,000
A new vacancy has arisen in Gloucester for a Senior Schemes Development Underwriter. The role will involve mentoring and coaching scheme underwriters to write profitable commercial schemes business to meet the commercial strategy and business objectives. Underwriting all commercial product lines and classes. Ensuring that commercial underwriting guidelines are set, monitored and managed to achieve the departmental goals and strategy. Supporting commercial management and other senior commercial technical staff in account management work that ensures achievement of commercial growth and strategy. Implementation through to launch of new scheme propositions and management of existing schemes. Managing the effective assessment and completion, within required timescales, of new scheme propositions including analysis of financial data, claims data, pricing, policy wordings, reinsurance requirement assessment, underwriting acceptance and claims handling requirements, to achieve business strategy and objectives. Ensuring development of profitable relationships with brokers and broking groups. Liaising with Business Account Executives, Commercial Schemes Manager, Commercial Fleet Manager and Commercial Trading Manager where required on larger 'key accounts' to ensure maximum impact for development.
Prospective applicants must have excellent organisational skills to achieve the level of co-ordination required. The ability to be a skilful communicator, negotiator and relationship builder, with proven experience of these skills in a technical commercial insurance environment. Numerical proficiency sufficient to deal with expense evaluation and underwriting. In depth underwriting experience in property, pecuniary, and liability classes of insurance equally and for all relevant classes across a wide variety of products and trades. In addition experience in Personal Accident, Goods in Transit and Fidelity Guarantee preferable. The ability to assess technical risk and business propositions and make decisions at the highest level on all aspects of Commercial products within strategy and underwriting philosophy, and on cover outside of those products. Experience and ability to draft new wordings and endorsements. A good understanding of the regulatory environment for the industry and the Commercial insurance environment. Good supervisory, training and account development experience and skills, enabling the individual to be able to interpret the strategies required to achieve the objectives laid down in the plan and manage underwriting teams to deliver those objectives. Good keyboard skills, with knowledge of Microsoft Word and Excel to intermediate level, and preferably Access and PowerPoint to a basic level. At least ACII/Diploma or equivalent technical insurance qualification
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