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Underwriter

Colchester (Essex)
Arch Capital Group
Underwriter
Posted: 6h ago
Offer description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

To achieve income and profit objectives through the delivery of efficient case underwriting, ensuring that all underwriting decisions align with internal guidelines, appetite and regulatory requirements.

Working closely with brokers and internal stakeholders to achieve divisional strategy, financial plan and personal objectives.

Key Tasks and Responsibilities

1. Manage own cases (renewal and/or new business), writing within appetite, and underwriting authority.

2. Handle referral cases for Underwriters/Apprentices with less experience, whilst adhering to individual authority level.

3. Maintain accurate records and documentation of underwriting decisions.

4. Adopt and adhere to company and NUH prescribed processes and best practice / standard work.

5. Support the Company’s QA procedures by conducting case reviews, when required, to ensure that technical procedures and standards are followed.

6. Work towards divisional retention, conversion, rate and loss ratio targets.

7. Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.

8. Display strong negotiation skills that aide conversion and relationships with all key brokers.

9. Maintain and enhance personal knowledge of relevant technical topics.

10. Work collaboratively with other parts of the organisation, most notably the UKR regional offices.

Role Requirements and Skills

Skills / Competencies

11. At least 2 years' experience in underwriting

12. Being able to negotiate flexibly and appropriately

13. Effective selling skills

14. Strong organisational skills

15. Risk Perception

16. Pricing of risk accordingly

17. Successfully developing effective trading relationships

18. Consistently achieving goals and objectives

19. Experience working across functions / matrix organisation to collaborate and build strong relationships

20. Operational effectiveness and efficiency

21. Clear and effective communication

Qualifications

22. Minimum A level standard preferred

23. Professional Certification – progress towards Cert CII preferred

Experience

The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.

14101 Arch Europe Insurance Services Ltd

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