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, liaise 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 JobWhat you’ll spend your time doing:Here’s a snapshot of some of the key parts of the job:UnderwritingAct as a referral point for the team and develop the teams skills where requiredWork with the claims teams as a technical referral pointResponding 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 authoritiesCompliance and Risk ManagementConduct 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.Management InformationPlay an active role in the regular underwriting meetingsReview underwriting figures on a regular basis in order that unusual trends and / or adverse movements may be dealt with by appropriate actionProduce 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 necessaryRemain 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 leadershipPolicy WordingsConduct market reviews to develop policy wordings along with updates following regularity or company changesWork with broker partners to bespoke wordings around their business needs to grow accountsUnderwriting ManagementAssist the Head of Property & Liability with Governance, Underwriting and performanceManage key broker relationships target growth within business plans and performanceProvide assistance to Actuaries feeding in data and reviewing reportsYou’re going to enjoy this job if you also…Property & Casualty for SME to mid market GI businessKeen learner – working towards completion of ACII accreditations preferableDemonstrate understanding of MI and how this has a direct relationship to Etrade underwritingHigh attention to detail and accuracyAre a strong problem solverAdvanced on using Microsoft ExcelDelegated Authority ManagementTeam management experienceWhat You’ll NeedFor 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/ MarketUnderstand the application of Data into the automated underwriting processHave worked extensively with Data augmentation throughout the underwriting processStrong analytical and data interrogation capabilitiesAbility to effectively influence and negotiate skillsExcellent communication skillsSound financial and commercial acumenWhat You Can Expect From UsA competitive salary and benefits package is a given, but you can also expect:A great team and supportive colleaguesAn open mind (especially to new ideas and ways of doing things)A strong focus on diversity, inclusion and equal opportunitiesA programme of wellbeing and mental health supportEmployer-supported volunteering (ESV)Flexible workingContinuous learningStudy supportAbout USMS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.This role sits within our European team (MS AISE) which specialises in etrade underwriting for Motor and Non-Motor within the UK Market.Conduct RulesWith The Implementation Of The SM&CR (Senior Managers & Certification Regime), The Financial Services And Markets Act Gave The FCA New Powers To Write Conduct Rules And Apply Them To All Employees Within a Firm. The Conduct Rules Set Basic Standards Of Good Personal Conduct. They Stipulate That You MustAct with integrityAct with due care, skill and diligenceBe open and co-operative with the FCA, PRA and other regulatorsPay due regard to the interests of customers and treat them fairlyObserve proper standards of market conduct
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