Commercial Property New Business Underwriter
Competitive Salary {Advertised Salary}
Location {Advertised Location}
This is a Permanent, Full Time vacancy that will close in a month at 23:59 GMT .
The Vacancy
Are you someone who thrives in the Insurance Industry? We’re on the hunt for a talented Commercial Property New Business Underwriter who is able to generate and underwrite new business enquiries profitably, accurately, and in line with Thames Underwriting’s practices. Is a successful career within a growing business full of opportunity, where you will have flexibility what you’re looking for? Then please, read on…
So, what does the role of a Commercial Underwriter here involve?
As a Commercial Underwriter you will be underwriting a range of commercial, property and general liability risks under a variety of delegated binding authorities, seeking open market quotations where needed.
This is an overview and not an exhaustive list of responsibilities.
* Develop and maintain a profitable book of business
* Work with a panel of brokers in developing and underwriting profitable, target business in line with underwriting strategies and business plans across a range of Commercial Products including Combined Liability (contracting and non-contracting) and Commercial Combined.
* Provide support to Underwriters and junior members including referrals
* Responsible for monitoring and reporting of management information
* Create and maintain relationships with brokers, insurers and other business partners
* Provide support to department manager and assist as may be required with day to day operations
What experience does a Commercial Underwriter need?
* Proven underwriting experience of Commercial Products including Commercial Combined and Combined Liability (contracting and non-contracting) and a good understanding of risk.
* Experience of working within an MGA environment and an understanding of the use of binding authority guidelines and authorities would be advantageous
* A working knowledge of legal and regulatory Insurance framework
* IT Skills: Microsoft Outlook, Word, Excel, Power Point. Experience of Acturis would also be advantageous
* Ideally CII qualified or working towards
In return you will be welcomed and supported by our Ardonagh family, with opportunities to earn your annual salary plus a role-based incentive plan and grow your career. You will also be joining an organisation that cares about you as a person and your wellbeing. Some of the other benefits are:
* Holiday entitlement of 26 days plus bank holidays
* Opportunity to progress your career across the entire Ardonagh family
* Gain professional CII or ACII qualifications to enhance your knowledge and career prospects
* Pension scheme for when you feel it’s time to retire
* 24-hour support for you and your families physical and mental wellbeing
* Corporate perks such as discounted gym memberships, cinema tickets, shopping, Eyecare vouchers, cycle to work and much more
* 1 days paid volunteering day to give back to our communities
* Ardonagh Community Trust (ACT) - Raising funds for charity with donation matching in your local community
* The Spotlight Awards, where we shine a light on the brightest talent across our group
So, what are you waiting for? Apply today and one of our team will be in touch.
The Company
Thames Underwriting is a Managing General Agent (MGA) who has built up a strong reputation within the Construction, Leisure and Commercial sectors thanks to its team of specialist’s underwriters who are dedicated to providing expertly tailored insurance solutions to brokers across the UK.
Based in Leigh-on-Sea (Essex) and London, Thames operate delegated underwriting authorities on behalf of Lloyd's and A-rated insurance companies including AXA XL, Allianz Insurance plc, XL Catlin and QBE. #TUW
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