Back to Search
  • Underwriting Manager

  • Ref: CS402
  • Location: Home working
  • Type: Permanent / Full-time
  • Salary: 45000 - 60000 Per Annum
  • Apply for this Job  
Back to Search
Our well established client is looking for an Underwriting Manager to join them to manage their high value schemes. Working 9am - 5pm Monday to Friday, you will enjoy a host of employee benefits, joining a great team in fantastic offices (however homeworking may be initially required due to Covid), with salary of £45-60k per annum DOE.

This role is working from home however some travel to Wirral will be required due to line management as part of the role.

 
You will be responsibility for managing the high value scheme Underwriting Team ensuring that the Company’s HVS offering runs effectively and operate strictly within FCA Regulations and delegated authority.

Responsibilities will include:

  • Manage the day-to-day operation of the high value scheme underwriting within their quote generation team, meeting agreed KPIs and providing on the job training, support and development to the team.
  • Work with Insurers to develop new business initiatives, complete non-standard risk referrals and provide management information as required.
  • To develop and maintain a sound understanding of market developments, maintaining and disseminating competitor analysis as required.
  • Develop the relationship with key stakeholders including Sales, Technical teams etc.
  • Develop Processes, policy documentation and systems for new and existing schemes in readiness for market launch.
  • Work in conjunction with High Value Scheme Underwriters and Senior Management where appropriate to –
o Assess and gather background information on individual risks
o Review and Interrogate proposal forms and calculate possible risk
o Within underwriting guidelines and parameters, calculate individual’s / organisation’s insurance premium
o Review and decide clients' suitability for insurance cover
o Check insured’s previous claim history, if any, and comment accordingly
o Liaise with surveyors regarding risk assessment
o Gather information and / or reports from surveyors
o Negotiate policyholders' contract terms
o Prepare policy documentation
o Specify any conditions to be imposed, as appropriate
o Liaise and negotiate with brokers and introducing intermediaries
o Attend and facilitate, where appropriate, Underwriting meetings
o Correlate data for Underwriting Director and CEO when required
o For T&C purposes, supervise junior members of HVS QGU to ensure full compliance with FCA regulations in force
o Ensure individual insurance schemes are run in an efficient and opportune manner, requiring the accurate input of information onto databases
o Ensure a high standard of service is offered to all clients, at all times
o Monitor Staff activities and take remedial action where necessary
o To understand and comply with the companies Quality Management Systems and Procedures
o To annually review own job description
o Ensure all schemes are running smoothly including cover for holidays/ sickness.
  • Requirement to manage a small number of run off schemes for International business in Cyprus and Spain and UK business with insurers no longer participating in the scheme.
  • Undertake any other duties as reasonably required

Experience/ Skills Required

  • Supervisory or Management experience in a similar environment
  • Sound understanding of Underwriting Principles and how they apply to LDI
  • In depth knowledge of FCA Regulations relating to the role
  • Proven experience of managing a team, setting KPIs and achieving targets
  • Demonstrable ability to use own initiative.
  • Ability to motivate self and influence others
  • Proven experience of Relationship Management.
  • Strong Communications skills.
  • Flexible in personal approach.
  • Evidence of Problem Solving outcomes gained through experience
  • CII DIP Qualification (commitment to achieve this level will be considered)
  • Excellent planning and organisation skills
 
 
If you feel you have the skills and experience for this role and are interested, please forward a copy of your CV to admin@jfrecruit.co.uk.
If you haven't heard from us within 1 week, please assume your application has been unsuccessful.

Apply

Attach CV
 
By filling in this form you are agreeing that we can contact you using the information you have supplied.
I agree to these terms & conditions
Your privacy is very important to us, so please ensure that you read our Privacy Policy to see how we use your data. Click here to view our Privacy Policy
Back to Search
Job: 'Underwriting Manager' // Job URL: 'http://www.jfrecruit.co.uk/view-jobs/high-value-scheme-manager' // Job Ref: 'CS402'