£40K/yr to £60K/yr
London, England
Permanent, Variable

Underwriter - Personal Lines

Posted by Avencia Consulting.

About us

HDI Global Specialty SE is part of the Talanx Group and is a strong and established player within the international insurance market. Using our highly developed expertise and wide network reach, we write agency and specialty insurance solutions that are tailored to meet our clients' needs.

Our Delegated Authority partnerships allow MGAs, brokers and entrepreneurs to develop bespoke insurance solutions, that are localised, business ready and catered to niche markets.

The role

  • To support the UK DA Underwriting Manager in underwriting the UK DA book, with a specific focus on our Pet & Household accounts
  • To profitably underwrite new and renewal business
  • To assist in winning new profitable UK DA opportunities for HDI

Key accountabilities

Underwriting

  • To analyse new and renewal business in-depth to ensure it meets underwriting criteria and margin
  • To comply with all relevant underwriting guidelines and procedures at all times
  • To monitor KPI's and data packs provided by clients on a monthly basis and to arrange and participate in data calls to analyse these
  • To manage and assist in managing the underwriting process in accordance with the appropriate checklists and guides
  • Review and assess wordings and underwriting criteria with Legal & Compliance
  • To set premium forecasts and business plans in agreement with Finance

Relationship Management

  • Build strong and effective relationships within the business, including other underwriters, claims, actuarial and colleagues in Hannover
  • Represent the company externally at client meetings, insurance conferences and broker meetings

Claims

  • To work closely with the Claims team to ensure early identification of issues and solutions to emerging challenges

Actuarial

  • To work closely with the Actuarial team to continuously monitor accounts and to proactively identify problems including the dedicated personal lines actuary

Project Management

  • Participate in DA & branch wide projects as required

Skills & experience

  • At least five years of Personal Lines Underwriting experience as an Underwriter / Assistant Underwriter
  • Excellent knowledge of the fundamentals of Personal Lines insurance with specific knowledge of the UK market and Pet and/or Household business
  • Good knowledge of the issues and challenges within Personal Lines
  • Good understanding of insurance pricing and underlying principles
  • Experience of working closely with Claims and Actuarial
  • Progress towards CII qualifications desirable
  • Good knowledge of Microsoft Excel
  • Ability to consistently hit deadlines
  • Ability to effectively manage conflicting priorities

Other

If you require support with your application, please contact