Property & Casualty Underwriter

My client a leading multinational Insurer is looking to add an experienced commercial Underwriter or Assistant Underwriter to their team in Manchester. You will need at least 18 months of UK Property & Casualty Underwriting experience to be suitable for this position and willing to work from their Manchester office at least three days a week.

Key Responsibilities

• Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
• Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
• Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declination. Verbally notifies Brokers of decisions where appropriate in order to ensure clear understanding of the decision.
• Analyses quality, quantity, and profitability of risks underwritten and prepares reports for management review.
• May assist in marketing products and services through the brokerage community and makes field visits.
• Develops and maintains positive Broker relationships.
• Keeps current on state/territory issues, regulations and trends.
• Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
• Develop proficiency in all relevant internal systems.
• May update the underwriting systems.
• May perform additional duties as assigned.

Skills, Knowledge & Abilities

Knowledge of underwriting and insurance industry theories and practices.

• Developing technical expertise and negotiation skills.
• Strong interpersonal and communication skills.
• Ability to effectively interact with peer level and external business partners.
• Ability to work independently.
• Strong analytical and problem solving skills
• Ability to exercise independent judgement and make sound business decisions effectively.
• Strong knowledge of Microsoft Office Suite as well as other business-related software.