Technical Underwriting Consultant - Gloucester, United Kingdom - Benefact Group

Benefact Group

Verified Company

Gloucester, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Working hours:35 hours per week, Monday to Friday

Duration:
Permanent

Location:
Gloucester

Job ref:
REQ202261

About the role:

Ecclesiastical Insurance, who are proudly part of
Benefact Group, are looking for a
Technical Underwriting Consultant to join our
Gloucester office.

This is a fantastic opportunity to work within a head office function to promote, develop and implement the Company's underwriting philosophy and strategy through the successful delivery of a variety of underwriting functions to maximize performance and achieve company objectives.

You'll be joining a rapidly growing and forward thinking business, giving you a real opportunity to develop your career and be part of a purpose led organisation.

Key responsibilities
***:

Maintain and govern the underwriting processes for the Underwriting Department
Manage nonsystem operational workflow tools used by the market facing underwriting teams
Provide support for the Group Insurance placement working with Group Strategy and our other entities across a number of territories
Delivery and oversight of ELTO and historic policy tracing procedures to ensure compliance
Maintenance of Terrorism reconciliation including annual returns.
Underwriting risk profile ownership and maintenance of the risk log
Manage framework for underwriting third party suppliers ensuring compliance with procurement procedures and requirements
Manage audits undertaken by third parties as required
Understand and operate within regulatory framework and identify and escalate any risks to the business.
Support the Underwriting Operations Team Manager and Underwriting Performance Manager with their role objectives as needed
Research and maintain an awareness of market conditions, practice and legislation, making appropriate recommendations by identifying opportunities in order to maximize business performance
Lead or support defined pieces of work end to end within agreed timescales
Proactively identify areas for process improvement and efficiency savings.
Support other key tasks within the Underwriting Operations Team such as reinsurance maintenance, Reporting, XOL, Auditing as well as the wider Underwriting Department

Knowledge, skills and experience
***:

Dip CII or working towards
Strong Excel knowledge or a willingness to learn
Experience of influencing stakeholders within underwriting and wider business areas
Systems and analytical experience
10 years plus within commercial insurance industry
Proven ability to coach/train for enhanced performance of others
Proven underwriting and technical background

What we offer:

A competitive salary let's discuss it
Flexible working
Group Personal Pension up to 12% employer contribution
Generous annual bonus scheme up to 30%

***:

28 days annual leave plus bank holidays, and a holiday buy and sell scheme
An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
Up to £300 annual personal grant to a charity of your choice
Encouraged to take at least one volunteering day per year
Employee Assistance Programme
Full study support to gain professional qualifications

About us:

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and are currently the UK's 3rd largest corporate donor, having given away £200 million since 2016. We have ambitious plans to become the UK's number one corporate donor, with strategic objectives in place to double the Group's size.

We believe it's essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development.

Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.