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Northallerton

    Development Underwriter - northallerton, United Kingdom - iFarm Underwriting

    iFarm Underwriting
    iFarm Underwriting northallerton, United Kingdom

    1 week ago

    Default job background
    Insurance
    Description

    Role Summary

    To provide underwriting and development support, specifically leading underwriting on commercial and agricultural products. Delivering professional underwriting and administration services with a focus on underwriting, customer service, and broker development.

    Role Responsibilities:

    Underwriting / Development

    • Develop, negotiate, and support underwriting of new business/renewals within authority and in alignment with underwriting strategy.
    • Achieve sustainable growth by fostering relationships with the company's network of brokers.
    • Provide support to the Business Development Manager.
    • Plan, prioritize, and manage individual work to meet objectives and service levels, ensuring exceptional customer service delivery.
    • Regularly engage with broker offices to enhance broker accounts and establish iFarm as the preferred insurance provider.
    • Offer guidance and mentorship to junior underwriters and support staff.
    • Stay updated on market trends and competitor activities to drive strategic decisions.
    • Assist in evaluating current products to ensure market competitiveness and profitable underwriting.
    • Introduce new products to the market and contribute to underwriting guide and rate development.
    • Communicate with brokers, handle incoming calls, gather necessary information, and manage back-office tasks efficiently.
    • Lead development meetings with Key Brokers to expand broker accounts.
    • Analyze online processes for enhancements and operational efficiencies.
    • Provide support with Policy Issuance.

    Compliance

    • Maintain knowledge of internal controls and underwriting-related procedures.
    • Uphold Imperium's principle of Treating Customers Fairly.
    • Participate in relevant training for the role.

    Education and Qualifications

    • CII qualification is preferred but not mandatory.

    Knowledge & Experience

    • Minimum 5 years of underwriting experience with a proven record in underwriting and relationship development.
    • Effective time management, deadline adherence, and task prioritization skills.
    • Strong analytical abilities and decision-making aptitude.
    • Excellent communication and negotiation proficiency.
    • Capability to establish and sustain relationships with key stakeholders.
    • Familiarity with agricultural or commercial insurance products and regulatory frameworks.

    Aptitude

    • Results-driven, proactive, and enthusiastic mindset.
    • Collaborative team player with independent work capabilities.
    • Professional demeanor in managing relationships.


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