0161 515 2116 info@mpjrecruitment.co.uk

Professional Indemnity Underwriter

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Job role insights

  • Date posted

    May 20, 2024

  • Hiring location

    Reading

  • Offered salary

    Max:£35,000/hour

  • Career level

    Middle

Description

What you’ll be doing:

As Commercial PI New Business Underwriter, you’ll help drive and transform how we partner with our broker portfolios through responsive, flexible, and collaborative relationships. With a strong balance of technical and trading capability, you’ll be empowered to make decisions, supported by data, insight, and decision support tools on mobile technology to succeed. You’ll be focused on developing and delivering profitable growth across new business within the key markets.

  • Deliver on trading team targets through profitable underwriting of our Professional Indemnity product for New Business, whilst developing key relationships and credibility with brokers and customers.
  • You’ll be proactive, outgoing, and confident in dealing with our partner brokers across your region, retaining and maximising business through the delivery of exceptional customer service.
  • Underwrite our Professional Indemnity product for SME customers profitably, accurately, and consistently using the full range of appetite and tools available.
  • Be an advocate for the company, contributing to meetings with brokers to secure clients.
  • Monitor the overall performance of the book you’re responsible for and ensure remedial action is taken to correct any performance issues.
  • Develop broker relationships to enhance their knowledge of our products and appetite.
  • Take ownership of a specialism within the Financial Lines trade sectors.

We work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team, and our customers. You’ll work at least 60% of your week away from home, either at one of our office locations, visiting Brokers, or attending industry events.

Qualifications:

What we’re looking for:

  • Keep an open mind: Keen to learn and challenge the status quo, able to approach tasks from different perspectives while focusing on helping colleagues and customers.
  • Stay curious: You’ll be perceptive of what our customers and the market wants and bring that knowledge into your work, whilst making the most of development opportunities.
  • Be a team player: Able to use your unique skills and knowledge to collaborate with your colleagues, take accountability and discover new ways of doing things.
  • Cert CII qualification with DIP CII desirable (we also support gaining qualifications).
  • High level of technical underwriting expertise. You’ll possess a strong trading capability, commercial awareness, and expert negotiation skills.
  • Ability to build strong broker relationships and a sound understanding of the current commercial insurance market.
  • Sound knowledge of legislative and regulatory requirements for insurance, including treating customers fairly.
  • Developed analytical skills with proven experience of account monitoring and action planning.
  • You’ll be pragmatic and a confident decision-maker, with meticulous numerical reasoning skills.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom. This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

What we offer:

We’re appreciative of the people who work for us, and our rewards package is reviewed regularly to reflect that. You can expect to receive:

  • Competitive annual salary dependent on experience
  • Annual company & performance-based bonus
  • Contributory pension scheme (up to 12% employer contributions)
  • Life Assurance (up to 10 x annual salary)
  • 25 days annual leave plus Bank Holidays
  • Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
  • Employee discounts
  • Gym benefits

Interested in this job?

118 days left to apply

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