Scheme Underwriter - Delegated Authority

Job DescriptionPurpose of the role:This role is responsible for managing our delegated authority schemes to maximise their potential. You thrive when taking the initiative, bringing both internal and external stakeholders together with a partnership-based approach to create mutual success. Key responsibilities:Proactively develop strong relationships with a designated panel of brokers, taking full ownership for the generation of profitable businessCollaborate with partner brokers and across Underwriting and Operations to routinely review scheme performance, identify opportunities to grow, improve the proposition, improve profitability and find efficienciesIdentifying poorly performing accounts and investigating reasons for high loss ratio. Discussing actions with Senior Underwriters and implementing actions to improve scheme performanceContribute in the planning and setting of department key tasks, including the budget and KPIs, to achieve the strategic development planEnsure accurate and timely servicing and debiting of accounts and assists credit control with premium collection as requiredContribute to the development of junior members in the team by supervising and acting as a technical underwriting referral pointPerform regular analysis, report and other management information of your accounts for internal and external meetingsAttend binder renewal meetings, prepare renewal proposal and present to the Underwriting CommitteeParticipate in annual coverholder audit, write up audit report and follow up with the completion of recommendationsHelping to review and update various policy wordings, agency contracts, binding authority agreements, or other business documentation if requiredProvide ongoing feedback to Head of Business and Underwriting Manager on competitors, market condition and relevant information to help improve our product, pricing and servicesAssist Underwriting Management with reviewing and updating underwriting guide, rating structures, or other business terms and endorsements for the assigned accounts if requiredWork with Underwriting and Compliance and assist to implement company and regulatory requirements for coverholdersDraft the run-off plan and ensure its implementation for terminated schemesImplement other tasks assigned by the companyRequirements:EssentialYou'll have 5+ years experiences of delegated authority account management, ideally from an insurance carrier or a mainstream MGAOutstanding communication and interpersonal skills combined with a proven track record of relationship managementBe able to communicate effectively at all levels of engagement, both internally and externallyStrong negotiating skills and abilities to empathise and influenceAbility to work independently and as part of a team while meeting set goalsGood time management and organisation skills to meet deadlinesKnowledge of the UK insurance market, and relevant regulatory practices and legislations in the industryKnowledge and experience of underwriting insurance risks of commercial and/or personal linesAbility to analyse data and write reportsMS Office skills such as Word, Excel and PPT, etc.PreferredEducation to degree level. CII qualification or equivalent preferableAdvanced Excel skillsPresentation skills
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