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Financial Institutions Underwriter

Financial Institutions Underwriter

Job Title: Financial Institutions Underwriter
Contract Type: Permanent
Location: London
Industry:
Salary: £60,000
Reference: JAFR/03550
Contact Name: Jamie France
Contact Email: j.france@darwinrhodes.com
Job Published: March 07, 2017 10:48

Job Description

As a Financial Lines Underwriter, based in our London office you will be employed by our legal entity and that trades under the company’s name. As such, you will form part of a young, dynamic team of professionals that focus on developing our regional portfolio. You will directly report to the Financial Institutions Manager and, after an initial in-house training, carry out selection, analysis, and pricing of new and renewal policies, as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. You will be integral in helping build profitable relationships with brokers and insureds and your role will fully support and comply with the company’s objectives and standards.

Responsibilities:

  • Cultivate and maintain broker relations
  • Analyse data relating to an account: study financial, regional/national economic trends and industry conditions in the assigned underwriting discipline
  • Negotiate with brokers
  • Follow Underwriting guidelines and submit underwriting, pricing and negotiation recommendations to the FI Manager
  • Identify and pursue new business opportunities
  • Manage and grow the book of business
  • Coordinate and/or participate in special projects
  • Attend off-site conferences, trade shows, seminars and meetings

Requirements:

  • (BA or MA) Degree in Business Administration, Law, Economics or similar
  • Prior experience in similar position with financial or legal background well received

Profile:

  • Entrepreneurial with excellent commercial skills
  • Good negotiation skills and communicator
  • Self-starter
  • Possess a proactive approach to problem solving, taking ownership
  • High capabilities for analysis and synthesis
  • Able to work well under stress
  • Authentic and self-confident
  • Resourceful, hard worker taking pride in work
  • Punctual, loyal and reliable
  • Team player
  • At home in an international environment
  • Possess sense of humour