Senior Underwriter Property & Casualty

This role will be reporting to the Portfolio Underwriter Manager for Property & Liability, you are a key member of the underwriting team, the individual will have a level of authority to make sound underwriting decisions, develop policy wordings, develop etrade products (reviewing conversion, referral and decline rates), data analytics reviewing performance and growth areas and contribute thinking and output to operational delivery of the strategy.

The individual will take responsibility for maintaining and building new business to profitably grow MSIG EU and minimise loss exposure, liase with claims on cases requiring underwriting input, create and maintain endorsements, monitoring performance, assisting members of the team with referrals outside their authority. The products the underwriter will be responsible for are commercial combined property owners and shop package, plus assisting the wider team with underwriting management assistance and digital delegated authorities.

About The Job

Here’s a snapshot of some of the key parts of the job:

• Act as a referral point for the team and develop the teams skills where required
• Work with the claims teams as a technical referral point
• Responding to online underwriting referrals accordance with our appetite and guidelines – making sound, profitable long term decisions on risks that are written.
• Maintain and build effective relationships with existing and new clients through regular contact, demonstrating a clear understanding of their business and how we add value.
• Maintain strong, effective relationships with existing brokers, where appropriate seeking out new opportunities with existing and new brokers.
• Undertake analysis of new business referral, quote and conversion rates to identify business opportunities, ensuring a robust business case.
• Effectively represent self and class in external activities, groups and committees.
• Work with Broker Development Managers to seek new broker opportunities including schemes, facilities either developing the teams online platforms or creating and managing digital delegated authorities

• Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate.
• Manage the location/market so that is complies with relevant risk, regulatory and legal requirements and so that it complies with wider policies.

• Play an active role in the regular underwriting meetings.
• Review underwriting figures on a regular basis in order that unusual trends and / or adverse movements may be dealt with by appropriate action
• Produce a monthly report to show New Business & Renewal income, Conversion & Quotability % and summary including any product improvement suggestions or performance remedial actions.
• Act as a peer reviewer on all risks and material endorsement underwritten as necessary
• Remain alert to developments affecting the business of the class, the potential profitability of the class and opportunities for the class, and to report on such matters, as appropriate, to leadership

• Conduct market reviews to develop policy wordings along with updates following regularity or company changes
• Work with broker partners to bespoke wordings around their business needs to grow accounts
• Assist the Head of Property & Liability with Governance, Underwriting and performance
• Manage key broker relationships target growth within business plans and performance
• Provide assistance to Actuaries feeding in data and reviewing reports

• Property & Casualty for SME to mid market GI business
• Keen learner – working towards completion of ACII accreditations preferable
• Demonstrate understanding of MI and how this has a direct relationship to Etrade underwriting
• High attention to detail and accuracy
• Are a strong problem solver
• Advanced on using Microsoft Excel
• Delegated Authority Management

For this particular role there are some important qualifications and experience we need you to have. These include:

• Good knowledge and experience relevant underwriting expertise within the specific Location/…