Trading Underwriter

Company: CV-Library
Job type: Full-time
Salary:
60,000 - 70,000 GBP/Year

Trading Underwriter
Manchester
Salary - £60,000 - £70,000 p.a.
We are seeking a highly skilled Trading Underwriter with experience in handling £1m+ GPW (Gross Written Premium) to join a dynamic team in a leading insurance company based in Manchester. Our client is part of a global insurance group and an approved cover holder at Lloyd's of London, they specialize in providing innovative insurance solutions across various sectors and the business is 50/50% renewals and new business oriented.
Responsibilities:
* Evaluate the risk and exposures of customers for new business, mid-term adjustments and renewals from our network of UK and Ireland brokers.
* Quoting, converting and retaining business to meet budget and underwriting performance targets.
* Underwrite the full range of products from all distributions.
* Achieve both new business and renewal GWP income budgets.
* Underwrite in accordance with the Internal Underwriting Guide and the Underwriting authority awarded.
* Trade with Brokers to maximise conversion and retention within your authority.
* Monthly reporting to Line Manager.
* Take underwriting referrals from other offices.
* Understand/support and drive income, conversion and retention objectives.
* Conduct Peer Reviews as allocated and as per PP003.
* Assist in the development of new and existing products.
* Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
* Underwrite taking all necessary care to protect the interest of our capacity providers.
* Carry out macro underwriting tasks as required.
* Perform other duties from time to time as determined by the management.
Skills and Experience:
* c3 years of experience in trading underwriting.
* Proven track record of underwriting a significant Gross Written Premium (GWP) volume.
* Cert CII qualified progressing towards Dip CII
* Proven track record in underwriting within an MGA, insurance company or Lloyd’s syndicate Skills and competencies.
* Display excellent sales and trading behaviours.
* Excellent numerical, analytical and planning skills
* Knowledge and understanding of the insurance market and the basic principles of insurance

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