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Underwriting Director


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

 


Recruiter: Heat Recruitment
Contact: Steve Preston
Tel: 0845 375 1747
Website: Click Here
Profile: View Profile & Jobs


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