Do you have experience underwriting Agriculture risks? Are you ready to drive innovative solutions in a dynamic market? We want to hear from you!
About us
ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer’s needs.
The role
The Regional Trading Underwriters primary responsibilities are for the execution of our underwriting strategy and underwriting appetite, and materially contributing to the achievement of our short- and medium-term financial plans. The Regional Trading Underwriters role is responsible for driving the performance of a selected number of brokers portfolios often located in the broker’s office to extract the budgeted revenue whilst meeting our budgeted loss ratios. This is achieved through superior underwriting and pricing skill and honed negotiation skills.
Work with the Head of Underwriting / Product Manager to define and deliver the Regional Underwriting Model, including how and who best to engage with the brokers and what the optimum business model is to deliver our financial plans.
The role is highly market visible, involving extensive broker contact when communicating our strategy, managing the financial performance of existing relationships and in seeking to broaden our market penetration.
Key responsibilities
- Identify a panel of brokers to support our business model and ensure optimum coverage for the region.
- Underwrite complex, unusual, and non-standard risks within our stated appetite.
- Provide feedback to refine our underwriting appetite and leverage market opportunities.
- Establish a firm reputation for being the ‘go to’ Underwriter for your region / brokers.
- Providing input to the development of the underwriting strategy
- Working closely with all areas of the business to ensure that we deliver a clear and seamless set of propositions to the market.
- Use existing market knowledge to establish and continually enhancing a range of business relationships with our key partners, ensuring that we understand and satisfy their needs and those of their customers.
Essential qualifications, skills, and experience
- Possessing extensive technical knowledge of the product
- Strong portfolio management skills with the ability to manage the financial performance of a range of product propositions in a complex and competitive market.
- Commercially aware with strong negotiation skills
- Detailed understanding of pricing practices and methodologies
- Interpersonal skills which will allow you to build and maintain value adding relationships.
- Extensive knowledge of the legal, regulatory and compliance provisions that apply to the UK motor insurance market.
- The ability to maintain high levels of personal motivation whilst working remotely from office.
Desirable behavioural attributes
- Effective Communication Skills
- Initiative & Change
- Driving & Delivering Results
- Planning & Organising
- Problem Solving
- Decision Making
- Commercial Awareness (including Financial Awareness)
- Building Relationships
- Strategic Thinking
Benefits
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- Competitive Benchmarked Salary
- 25 days holiday
- Discretionary bonus scheme
- Employee assistance programme
- Annual holiday buy (up to 3 extra days)
- Salary sacrifice benefits
- Annual benefits reviews
- The option for professional qualifications and study support
Benefits
- A full job description will be found here
