Job Title:
The Business Underwriter role entails meeting insurance needs of customers through the broker channel.
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Key Responsibilities:
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* Underwrite and analyze new business submissions in adherence with underwriting guidelines, risk appetite, and authority levels.
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* Negotiate terms and conditions with brokers in line with strategy and target risk appetite while nurturing relationships.
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* Manage and prioritize new business pipeline and work queues, ensuring agreed SLAs are met.
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* Engage with Sales, Risk Engineering, and brokers to generate and secure new business opportunities.
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* Build relationships to support customer/business acquisition and retention.
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* Implement technical standards, controls, and procedures to maintain underwriting discipline.
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* Contribute ideas for new or enhanced propositions based on technical, customer, and distributor insights.
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* Adhere to compliance standards and demonstrate Quality Assurance in the underwriting process.
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* Maintain underwriting records according to regulatory requirements.
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This is an exciting opportunity for a Business Underwriter to make a real impact.
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Requirements:
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* 3 years plus industry experience
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* Holds or working towards relevant professional qualifications
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* Excellent technical insurance knowledge, including Commercial Insurance
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* Excellent numerical and analytical skills
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* Excellent knowledge of insurance products/policy wordings
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We are looking for someone with strong team player skills, excellent communication skills, and a flexible attitude towards work.