Commercial Property Underwriter

Responsibilities

Responsible for the contribution towards and implementation of the underwriting strategy within the Underwriting Team.  Executes and monitors the underwriting activities with regular contact with the Underwriting Management Team. In liaison with the Head of Commercial Property, is responsible for the execution of the International Strategy.

 

Results

• Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
• Proactively manages renewals, renewal change, and new business to achieve premium plan.
• Executes portfolio management strategies to drive a better loss ratio and achieve plan.
• Proactively manages direct commissions and direct expenses to achieve plan.

Underwriting and Compliance

• Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
• Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
• Works collaboratively with support areas to meet service standards.

Distribution/Customer Management

• In collaboration with Underwriting Leadership, proactively manages distribution partners. Acts as broker liaison for assigned products.
• Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.

Leadership and Personal Development

• Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
• Acts as product line expert for area of expertise.
• Organises and provides technical training to junior personnel.
• Promotes a diverse and inclusive culture.
• Acts as an effective role model for others.

Performs training within agreed timeframes

 

 

Qualifications

• Extensive underwriting experience and knowledge in the Class of Business.
• Sound commercial and financial knowledge.
• Knowledge of the insurance regulatory environment.
• Strong communication, negotiation and interpersonal skills.
• Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
• Ability to exercise individual judgment and effectively make sound business decisions.
• Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
• Outcome focused, self-motivated, flexible and enthusiastic.
• Ability to work within and promote a diverse and inclusive culture.