Commercial Insurance Underwriter - London, United Kingdom - Clements Worldwide

Clements Worldwide

Verified Company

London, United Kingdom

5 hours ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We are seeking a

Commercial Insurance Underwriter internally referred to as our

P&C Underwriter which will include developing and quoting terms for Clements in-house Property and Casualty (P&C) Binders with Lloyd's of London. This will include negotiating prices, coverages, terms and conditions for all new business and renewals while actively identifying account rounding opportunities. This position will serve all offices at Clements Worldwide and be based out of our London office.

Salary Range:
£60K to £65K, Full-time - Salary

Hybrid Position:
Two days in our London office, three days fully remote

Before we go any further, we do have some deal-breakers

You must have:

3+ years experience in Property and Casualty (P&C) Underwriting with Lloyd's or as a Coverholder for Lloyd's of London

- capacity to be in the London office two days a week or as needed
- legal right to work in the United Kingdom

It will be great if you happen to have these qualifications:

experience in Property underwriting under full underwriting authority

- proficiency with the underwriting process
- international risk experience
- negotiation, strong communication and time management skills
- bachelors degree or higher education

_ Essential Duties and Responsibilities (includes, but not limited to):_
- conduct underwriting for Property & Casualty (P&C) products such as International Property, Liability, Motor, Political Violence, and other products as added
- gather and analyze information used for products in Underwriting to make an informed decision to approve or reject insurance quote requests
- issue Risk Level Data reports and other reports as required by Lloyd's of London and other insurers
- conduct profitability analyses on products by employing risk selection and technical underwriting, all while maintaining a focus on achieving sustainable growth
- collaborate with other underwriters, operations, claims, marketing, and home office management as necessary and implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations
- work with internal Sales and Service team for insurance product training and growth focused initiatives
- follow established protocols and policies established by your department, Human Resources or any department in which guidelines must be met
- other duties and responsibilities maybe assigned depending on department need and growth

_ As we all know, compensation isn't just the salary.

Here are some of the benefits of working at Clements:
_

Optional private medical, dental and a cash scheme
Generous pension scheme with a 10% contribution from Clements
Automatic enrolment into Group Income Protection and Group Life
24 annual leave days per calendar year, with up to 8 days rollover
3 mental health days per calendar year
9 standard paid bank holidays
Paid parental leave
Occupational company sickness leave and pay

- "Dress for Your Day" dress code

Education assistance: certifications and continuing education
Optional gym membership
Reimbursement season ticket loan scheme

About Clements Worldwide:

Clements Worldwide is the leading provider of insurance solutions for expatriates and international organizations.

Founded in 1947, Clements offers worldwide car, property, life and health, and specialty and high risk insurance to clients in more than 170 countries.

Our dedicated staffs in Washington, DC, London, and Dubai are committed to providing superior customer service and claims response. Company History In 1947, Robert Clements and M. Juanita Guess-Clements founded a domestic insurance business. While she and her husband managed Clements & Company, Guess also worked at the U.S. State Department. One day, she referred her husband to a colleague who needed life insurance and happened to manage the U.S. State Department's claims office.

After purchasing a policy from Clements, the happy client remarked, "If only you could help me with all this" as he pointed to the insurmountable pile of claims in his office submitted by U.S.

Foreign Service officers. At the time, not a single company provided international personal insurance products and Clements immediately realized the potential. The Washington, DC-based firm's proximity to the U.S.

State Department and Foreign Service headquarters positioned Clements to quickly become the preferred provider of personal property and auto insurance to government personnel living and working abroad.

In the late 1970s, under Guess' direction, the company began addressing the needs of expatriate clients outside the Foreign Service.

By 1981, when the founders' son, Jon B. Clements, joined the firm, Clements had become a thriving agency. To reflect its growth as a global brand, the company changed its name to Clements International in 2001. In 2011, the company underwent a brand transformation and became Clements Worldwide to be