Underwriter - Legal Indemnities

Location
London
Salary
£30000 - £50000 per annum
Posted
16 May 2019
Closes
15 Jun 2019
Ref
ULI
Contact
Valentina Zilinska
Contract Type
Permanent
We have a great new opportunity for an experienced underwriter to join a progressive team in the City.

Key Responsibilities:

• Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Develop, maintain & collaborate with Line of Business representatives and other business related needs, as appropriate.
• Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
• Positively promote the department, division and company as a whole, in order to maximise brand leverage
• Contribute to the development of the team’s business plan in order to maximise productivity and performance
• Perform complex underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.

Main Requirements:

• Substantial experience gained within LI / PI insurance market
• Strong established customer/broker relationships
• Extensive knowledge of relevant market conditions
• Intermediate level understanding of relevant software, including Excel
• Ability to effectively negotiate
• Ability to analyse data and use for decision-making

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