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| Reference | JA-4509 | |
| Sector | Accountancy, Analyst Jobs | |
| Salary, Benefits & OTE | £40000 to £55000 per annum | |
| Town/City | Cardiff | |
| Locations | Mid Glamorgan, UK, Wales | |
| Job Type | Permanent | |
| Date Posted | 9th Mar | |
| Underwriting Director Location: Cardiff Salary: £40,000 - £55,000 As a result of continued expansion, one of the South West`s Leading Insurance Providers that has a reputation for encouraging an entrepreneurial working environment is looking to recruit an Underwriting Director. Staff are actively encouraged to explore new profitable business avenues and aid with the development of new products. Responsibilities: Ongoing design and development of the business strategy for your areas of responsibility, in accordance with business needs Ensure respective business areas are managed within budget Work closely with the board of directors to ensure business initiatives are implemented and executed accurately Ensure key personnel are in place to achieve the expansion plans of the department Continue to develop the relationships with Insurers and Underwriters at senior levels Heavy involvement in new product development of Insurance products with Insurers to be distributed to brokers Devise clear and appropriate strategies to act on and capitalise on business analysis To underwrite and assess risk from enquiries and decide whether to accept or not To develop and create both existing and new products and to manage existing portfolio, keeping abreast of the market trends. This will also include new schemes to include performance and delivery and allow the company to increase volume whilst maintaining loss ratios, utilising negotiation skills and product knowledge Product build and maintenance, from specification, build and test with software houses, and internal builds in regards to testing to release on target to match income budget Skills: Understanding of the potential for risk improvements Strong technical understanding of Personal Lines Underwriting Demonstrate an awareness and compliance with the FSA principle for business Comply with the Data Protection Regulations both in the office and in communications with clients Enforce the Anti Money Laundering procedures whilst dealing with clients Detailed understanding of more complex product features, benefits, exclusions and warranties and their application to various situations |
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