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Development Underwriter

Job Title: Development Underwriter
Contract Type: Permanent
Location: Maidenhead
Salary: 40000 - 45000
REF: MGW/10544
Contact Name: Mark Wilbur
Contact Email:
Job Published: over 3 years ago

Job Description

One of the UK's finest and largest specialist Insurers based near Maidenhead are currently looking for an experienced Development Underwriter for their Professions and Specialty Commercial insurance division.

The company is an international specialist insurer and far removed from the world of mass insurance products, selectively focusing on key areas of expertise and strength underpinned by a culture that encourages convention and a better way of doing things. The client is defined by a strong moral fibre and prioritise principles of doing what they say they will. They insure the unique and interesting, empower their people to think creatively, challenge the status quo and approach matters with a solutions mind set.

In this role you will be responsible for finding, developing and growing new business opportunities within the region. You will actively identify opportunities to cross-sell and build the whole business. Focusing mainly on underwriting new business, you will generate enquiries from brokers and work quickly and efficiently to provide quotations.
Key Responsibilities;
•    Consistent profitable underwriting of Professional & Specialty Commercial insurance business
•    Maximise and develop regional opportunities through proactively prospecting for large schemes, book transfers and individual cases worth over £20k
•    Regularly visit brokers offices building relationships and delivering advice.
•    Identify underperforming brokers and engage measures to improve their business using commission levels, profit improvement plans, retention and conversion improvement
•    Ensure complex referrals are escalated to those with appropriate authority
•    Closely work with team members to deliver on broker strategy and new business targets
•    Build product knowledge and become a point of technical referral for a specific product line

You will need to have a proven track record in commercial underwriting and have working knowledge of Professional Indemnity and or commercial combined insurance. Educated to degree level or equivalent and progression towards ACII are preferred. Coupled to these you will need to be a motivated and personable person with strong communication skills.

In return you will receive a generous salary and benefits package in line with a mid senior role within the insurers organisation. You will have access to offices located in between London and Reading with free parking and a friendly working environment.