Underwriter - Product Recall - London, United Kingdom - Avencia Consulting

Avencia Consulting

Verified Company

London, United Kingdom

2 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Specialty London Market insurer are recruiting for an experienced Underwriter to join their Crisis Management team. They are open to individuals from a Crisis Management and General Liability background.

The role
Product Recall is unit within Crisis Management, which in turn is a a Specialty Line within my client.

They are a dedicated wholesale Underwriting team serving the London broking wholesale specialists in this class.

They have one of the largest portfolios in this niche market, and both lead and follow global accounts.

The Product Recall team consists of 4 UW's and an admin assistant

To support the underwriting manager in the profitable growth of the product recall book, and develop own portfolio.
To analyse, assess, and underwrite all forms of contaminated Products risks, including pharmaceutical, Packaging, Cannabis, and Restaurant business.
To analyse, assess, and underwrite all forms of consumer goods product recall risks.
To analyse, assess, and underwrite all forms of third party automotive recall risks.
To assist in the development of new Crisis Management products and initiatives.
To ensure the timely and accurate administration, reporting, and processing in this class.
To maintain and develop relationships with the Product Recall Wholesale brokers.
To maintain current and relevant knowledge in key industry sectors, notably food & beverage and automotive manufacturing.
To manage internal reporting, and departmental data.

Key accountabilities

1.Underwriting, processing, and servicing of new and renewal Product Recall business. Within granted u/w PUA levels and in accordance with the SUG & GUG, and branch business plan.

Processing on eNora, and PPL, with assistance from the CM UA
Support the underwriting manager in developing the existing rating tools.
To maintain regular contact with the whole broking community in London.
To review and assess wordings and underwriting criteria with legal and compliance
Liaison with claims to provide wording and coverage guidance.
Attendance at broker hosted client presentations.
To maintain underwriting discipline within the CM and branch guidelines, and goals and within granted authority levels.

Skills & experience