Fleet Insurance Underwriting Specialist
7 days ago
About IQUW Group, a leading specialist motor insurer with an A+ rating, we understand the importance of providing tailored insurance solutions for our clients. Our team is committed to delivering exceptional customer service and building long-lasting relationships with our broker partners.
The role
You will be responsible for writing complex risks within our product's risk appetite and own individual underwriting authority. As a referral point for team members with lower authority, you will help develop their technical knowledge and understanding. Your market-facing role will involve close collaboration with our broker partners, forming solid trading relationships that drive business growth.
Key Responsibilities
• Contributing to the execution of our underwriting strategy for the Class of Business, working within agreed risk appetite and own individual authority to process quotes, renewals, mid-term adjustments, and cancellations.
• Providing input to the development of our underwriting appetite for our products.
• Assisting in the management of portfolio performance through analysis of results and making recommendations.
• Working with operational leadership teams and technical training teams to identify training needs and support employee development through feedback, coaching, and training to improve team competency and performance.
• Acting as our first line of defense, understanding and adhering to our zero-tolerance fraud strategy.
• Ensuring awareness and adherence to all regulatory requirements.
• Understanding and adhering to our complaint handling process, attempting to resolve complaints informally whenever possible.
Requirements
This role requires technical expertise and commercial judgment in fulfilling responsibilities. Key qualifications include:
• Good commercial awareness allowing identification and exploitation of market opportunities.
• Understanding of pricing practices and methodologies with ability and experience to enhance pricing capability, providing insight and feedback on pricing models.
• Interpersonal skills enabling relationship-building and maintenance, articulation of mutually beneficial relationships, and comfort in having challenging conversations with broker partners.
• High-level articulation and numeracy.
Benefits
IQUW Group offers a competitive benchmarked salary, 25 days holiday, discretionary bonus scheme, employee assistance programme, annual holiday buy (up to 3 extra days), salary sacrifice benefits, and annual benefits reviews. We also provide the option for professional qualifications and study support.
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