Underwriter (Manchester) - China Taiping Insurance (UK) Co. Ltd

China Taiping Insurance (UK) Co. Ltd
China Taiping Insurance (UK) Co. Ltd
Verified Company
Manchester, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description
The Underwriter role is mainly to responsible for underwriting existing business (commercial insurance) and managing brokers.


Responsibilities:


  • Contribute to the financial and underwriting performance of the Company and overall profitability of the business.
  • Underwrite for existing cases and contribute to loss ratio control by adhering to Company's underwriting controls.
  • Identify reasons for lack of retention and poor conversion to take actions to increase retention and implement actions agreed with brokers to improve account performance.
  • Liaise with external specialists including surveyors and loss adjusters etc to update our own underwriting strategy.
  • Manage and recruit brokers and coverholders in the area and build effective trading relationships with brokers through trading activities.
  • Monitor agency performance and compliance and produce monthly brokers' performance results.
  • Review existing arrangement and underwriting guide to make sure the brokers to deliver desired performance.
  • Provide quotes, issue documents, respond to inquiries and offer underwriting referral support to the binding brokers.
  • Assist to review policy wordings, agency contracts, underwriting guide, rating structures, or other business terms, endorsements and documentations when required.
  • Liaise with other departments of the Company and undertake other tasks when necessary.

Requirements:


  • Strong commercial underwriting experiences, especially in home, office, SME, and liability insurances.
  • Ability to drive income and broker penetration to achieve business targets set.
  • Good knowledge of general insurance, underwriting procedures and insurance legislations.
  • Strong negotiation and interpersonal skills and customer engagement skills.
  • Excellent organisation and coordination skills.
  • Relevant CII qualification is preferable.

Note:
This job description is intended to provide a general overview of the position. It is not an exhaustive list of all responsibilities, duties, and skills required.


Job Types:
Full-time, Permanent


Schedule:

  • Monday to Friday

Application question(s):

  • What's your notice period (months)?
  • What's your annual salary expectation (£)?

Experience:

- commercial underwriting: 3 years (preferred)

Work Location:
Hybrid remote in Manchester
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