Construction / Liability Underwriter
Job Type : Permanent, Full Time
Salary : £40000 – £60000/annum
Purpose of Role/Job Overview
Construction / Liability Underwriter writing wages and turnover business on a presentation basis
Underwriting a high volume of wages and turnover business, average premium is circa £3,000 with a potential to write up to a premium of £100,000
Ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings
Once trained it is expected that the individual will be autonomous, working to achieve personal new business targets
Minimum of 3 years’ experience in a construction / liability underwriting role
Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements
Cert CII qualified
Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls.
To positively reinforce and display values and to actively drive the business forward in achieving its objectives.
Experience in writing high risk and hard to place business is desired but not necessary
Existing broker relationships that would support in this role is desired, but again not necessary
Key Accountabilities
Meeting and where possible, exceeding brokers service levels and expectations.
Identifies cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
Build and maintain strong relationships with key trading partners to maximize influence.
Support the development and operation of sales campaigns to drive the acquisition of profitable business.
Other Activities, Duties and Responsibilities
Maintain and develop market awareness.
Maintain good working relationships with all internal departments.
Maintain an open communication ethos with colleagues and managers.
Demonstrate “model behaviours”
Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
Contribute to wider business activities.
Operate within individual underwriting authorities and guidelines
