Lead Underwriter - Real Estate

Posted 10 October 2024
Salary £80000 - £100000 per annum
LocationLondon
Job type Permanent
Discipline HR, Business Support & Administration
Reference20049
ContactVictoria Butcher

Job description

Join our award-winning client whos proud to be recognised in the industry as Insurer of the year! Our client is proud to be industry recognised for ongoing commitment to supporting their broker partners and customers. As part of the 2024 growth plans across London Real Estate, they are looking for a Lead Trading Underwriter to join their team.

Reporting into the Underwriting Manager, you'll drive profitable growth, particularly through Mid-Market and corporate clients, in the real estate segment by underwriting risks within agreed authority levels to maximise income whilst developing key relationships with a panel of brokers in line with company objectives.

This role is Hybrid - You'll work at least 60% of your week away from home, either at the London office, visiting clients or attending industry events.

What's in it for you:

  • Great benefits package: Annual company & performance based bonus, Up to 12% pension, Up to 10x life assurance, 28 days holiday + bank holidays, Private medical cover, Buy/Sell holiday, gym membership and much more.
  • Continuous development: You will be given the tools and skills to ensure that you are able to service the clients to the highest of standards, you will be able to benefit from career progression opportunities and continuous investment into your development and career.

What you'll be doing:

  • Ensure trading teams underwrite new and existing business profitably, accurately, consistently and in line with established underwriting practices.
  • Proactively lead the development of strong trading relationships with panel of brokers, taking full ownership for the generation of profitable business from nominated panel.
  • Develop a robust pipeline of appropriate new business opportunities and ensure that long-term pipeline is realised by ensuring broker and client engagement.
  • Lead meetings, presentations and tender responses with brokers and end customers to portray the business capabilities and secure new business opportunities.
  • Coach, train and develop Senior Underwriters to continually improve their technical and trading capability from a New and Existing business perspective.
  • Act as the referral point for Senior Underwriters within your team, providing technical and trading input to improve the quality of decisions within their empowerment.
  • Actively manage and review underwriting standards and licences within the team ensuring effective management and deployment of empowerment.
  • Effectively promote and deploy the clients strategy, product range, propositions, and key differentiators to leverage commercial opportunities.

What you'll bring:

  • London Market underwriting experience is essential e.g. slip based business, bespoke wordings, international and captives.
  • Experience as a senior underwriter within Real Estate / Property
  • Excellent negotiation and sales skills.
  • Experience of large case and portfolio management in the real estate sector, including client exposure.
  • Knowledge of key London Market real estate stakeholders is preferred.
  • Established networking and relationship building skills.
  • Sound knowledge of legislative and regulatory requirements for insurance.
  • High level of communication and negotiation skills with the ability to build positive relationships both internally and externally.
  • CII qualification desirable