Credit Risk Underwriter - Docklands, United Kingdom - Reed Insurance

Reed Insurance

Verified Company

Docklands, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We working with a market leading leading specialist insurer who offer trade credit insurance, offering wide range of financial lines solutions across SME businesses.

They are looking for an individual that can read a set of company accounts, who understands how P&L works and can analyse accounts and discuss them.

Someone who has come from a finance background with exposure within the insurance market.

The role is for a Risk Underwriter, salary £40,000.00 plus bonuses.

Duties include:

Effectively monitor and implement Risk Business Model by agreeing prompt limit decisions, monitoring and providing quality communication within agreed service levels so receive a quality limit service.
Assess credit limits consistently and correctly within prescribed times in order to ensure renewal, new business targets and loss ratios are achieved.
Provide a proactive service level to a dedicated customer portfolio according to PH classification.
Monitor risks in accordance with Group Quality Standards so that loss ratios are managed within budget.
Proactively reassess business procedures and recommend changes on an ongoing basis to reduce costs and improve customer service.
Meet clients, buyers and brokers in order to keep loss ratios to a minimum, maximise cover and ensure renewal and new business targets are achieved.
Support commercial in steering customer loss ratio and implement actions necessary to ensure or restore profitability of portfolio.