Development Underwriter
Role Responsibilities
Underwriting / Development
Develop, negotiate and support the underwriting of new business/renewals within your authority and in line with the underwriting strategy.
Achieve sustainable growth through the development of relationships with the company’s network of brokers.
Support the Business Development Manager
Plan, prioritise and manage individual own work to deliver objectives and meet agreed service levels to deliver exceptional customer service.
Regular calls or visits to broker offices to develop the brokers' accounts / make iFarm the insurance provider of choice for brokers.
Provide guidance and mentorship to junior underwriters and support staff.
Keep abreast of market trends and competitor activity to inform strategic decisions.
Help review current products and make sure they are market leading but also delivering underwriting profits.
Roll out new products to the market and contribute to the development of the underwriting guide and rates.
Liaise with brokers daily, answering incoming telephone calls and chasing brokers for any additional information required and service all back-office duties.
Lead development meetings with Key Brokers and focus on growing broker accounts.
Review online journey and make recommendations around efficiencies.
Support with Policy Issuance
Compliance
Maintain knowledge of internal controls and all procedures relating to underwriting.
Ensure you uphold Imperium's principle of Treating Customers Fairly
Undertake training relevant to the role.
Education and Qualifications
CII is preferred but not essential.
Knowledge & Experience
A minimum of 5 years of underwriting experience, with a proven track record of underwriting and developing relationships.
Ability to manage own time, meet deadlines and prioritise work.
Strong analytical and decision-making skills.
Excellent communication and negotiation skills.
Ability to build and maintain relationships with key stakeholders.
Knowledge of agricultural or commercial insurance products and the regulatory environment.
Aptitude
Outcome-focused, initiative-taking, enthusiastic
Team worker with the ability to work on their initiative.
Professional approach to relationships.