New Business Underwriter
- Job Reference: 106159
- Date Posted: 13 January 2022
- Recruiter: Easy Web Recruitment
- Location: Croydon
- Salary: On Application
- Sector: Banking & Financial Services
- Job Type: Full Time Flex
- Work Hours: Full Time
We have a great new vacancy for a New Business Underwriter to join Cobra Underwriting .
You will actively participate in NB Team activity ensuring the timely issue of New Business quotations in line with Underwriting guides, Service Level Agreements & within business operating standards, Using your sales experience, you will be responsible for achieving New Business targets across a range of insurance products and motivating others to do the same. Ensuring technical compliance and maintaining broker and Insurance partner relationships.
To prepare and provide New business quotations to Broker Partners based on personal authority limitations
Instigate regular dialogue with Broker Partners to secure New business leads and assist in achieving both individual & team income targets
To adequately price & classify risks in accordance with the Underwriting Guidelines, rating Considerations and ensuring referrals are made & documented when required
To oversee all administrative duties required in connection to the above which includes but is not limited to, processing & administering policy documentation, initiating & monitoring surveys, mid-term adjustments, negotiation & claims monitoring
To act as a Technical Referral point & mentor for other Team members
To develop strong relationships with our Key supporting brokers & customers
Contribute to the wider achievement of team and business unit targets by delivering on all monthly KPIs
Maintain accurate and detailed records of all customer contact and ensure the delivery of high-quality service, appropriate to needs of Broker or Insurer needs.
Ensure that standards of service to customers and prospects are in accordance with the regulatory rules and guidelines
Experience of working within a Regulated FCA environment is desirable
Previous Experience in a New business, Sales or Development Underwriting role
Good past history of achieving Existing Business objectives
Ability to demonstrate a working knowledge of CUA wordings and products.
Good technical knowledge of commercial business, including commercial combined and property classes.
Understanding of the Broker market & ability to develop effective broker relationships
Proven understanding of underwriting guidelines for all transactions (renewals, endorsements, cancellations, etc.). and ability to demonstrate a working knowledge of market
You must be able to work well under pressure, be a good team player and have a positive approach
As well as a competitive salary we offer the following benefits -
Competitive holiday allowance with the annual option to buy additional days
Death in Service benefit of x4 salary
Company pension scheme
Very generous maternity and paternity leave packages
A flexible benefits package which allows you to add additional benefits to your overall package
Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
Discounted rates on PIB products
We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
We also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
Ref: 106 159