Underwriter

Whytematter are delighted to be recruiting for our award-winning client, an independent, family-owned and run business that has been operating for over 45 years and is expanding their team by recruiting a Underwriter.

They provide services including Insurance, Risk Management, Health & Safety Consultancy, Employment Services, HR Consultancy, Employee Benefits, Wealth Management, and Accident Investigation Services. Their unique blend of experience, insight, and ingenuity has helped them to establish their reputation for fully understanding various industry sectors in commercial business. Their client-focused approach allows them to simplify risks to deliver bespoke risk management programmes and peace of mind for their clients.

THE PACKAGE

They value the needs of their employees. As such, their team is offered a competitive salary, hybrid working, and an extensive benefits package including 25 days of annual leave in addition to all public and bank holidays, private medical insurance, health cash plan, employer pension contributions, occupational sick pay, income protection insurance, and group life assurance. Other perks include frequent social events, training support, professional membership & subscription support, employee discounts, and incentive schemes.

THE OPPORTUNITY

They have an opportunity available for an Underwriter. Generation Underwriting is a specialist MGA dealing exclusively through brokers. They proudly differentiate themselves as a professional, advice-led underwriting business, established in the North East of England in 2010. They have expanded their operations and are growing rapidly across the UK.

As part of the WF Risk Group, Generation has the financial backing of one of the UK’s largest family-run and independently owned insurance services providers which has over 40 years of trading history.

The Underwriter will work with a team supporting the profitable development of our SME account by underwriting a range of commercial risks within agreed processes and risk appetite, to achieve business development and retention targets.

They will have the opportunity to build relationships with a panel of brokers and expand their underwriting skills across our portfolio of products.

EXPECTATIONS OF YOU

They will negotiate with aligned brokers on allocated renewals, quotations, and handle ad hoc enquiries. They will develop the ability to successfully negotiate with our broker partners and provide tailored solutions to both our broker and customer needs.

On a daily basis you will showcase your skills and knowledge by:

• Taking ownership of allocated cases and working proactively with the broker to negotiate the right outcome.
• Reviewing allocated cases and delivering underwriting decisions, following agreed processes at the designated authority level and with the necessary direction and support, to secure profitable business within the agreed risk appetite.
• Identifying non-standard or complex risks and escalating to ensure they are handled appropriately.
• Actively engaging in the identification, prioritisation, negotiation, and winning of new business and profitable renewals, in line with agreed business strategies and delegated authorities.
• Managing customer interactions in an efficient, courteous, and timely manner to deliver high standards of customer satisfaction.
• Contributing to the production of new and existing policy documentation to ensure they are accurate and issued in accordance with agreed service standards.
• Establishing excellent trading relationships across our broker panel to assist new business development and renewal retention.
• Developing and maintaining good internal relationships to support the end-to-end delivery of the customer proposition.
• Promoting Generation Services and underwriting a range of SME commercial cases consistently and profitably.
• Maintaining up-to-date knowledge of the commercial lines market, the regional broking marketplace, and legislation and litigation which could affect the writing of business.
• Compliance with legal, regulatory, and policy requirements.
• Personal contribution to team productivity.

ABOUT YOU, KNOWLEDGE, SKILLS AND BEHAVIOURS

Essential

Our Underwriter should have a minimum of 3 years of Commercial Insurance experience, ideally in underwriting, but we will also consider candidates who have worked in broking or claims and can demonstrate the required skill set and possess good technical knowledge. They will have good all-around insurance experience and technical knowledge across a range of classes of insurance products.

• Enthusiastic client-focused approach;
• Results-driven with the ability to deliver through others;
• Commercial acumen & trading, with the ability to negotiate;
• Ability to work to tight deadlines with a commitment to delivering quality results;
• Ability to develop strong client and carrier relationships;
• Ability to support colleagues in a close team environment;
• Strong working knowledge and understanding of most commercial classes of business and associated insurance products;
• Keen attention to detail and the ability to prepare high-quality documentation;
• Highly organised with strong administrative skills;
• IT proficient; (Good working knowledge of Excel and other IT platforms);
• High level of motivation and resilience with a proactive attitude.

Desirable Criteria

• In possession of or working towards Cert CII;

DEVELOP YOUR CAREER WITH US

Generation Underwriting and the Wider WF Risk Group has experienced significant expansion over the last four years, with several acquisitions, a staff headcount doubling, and a rebrand. We have ambitious plans to continue along this growth trajectory and we are interested in hearing from talented and innovative individuals to join our dynamic teams.

Skills:
Underwriting, Insurance broker, underwriter

Benefits:
Group Life Assurance, Funeral Plan, Laptop, Medical Aid / Health Care, Paid Holidays, Pension Fund