Development Underwriter

Hsb | Uk And Ireland

The Role

Overview

Drive growth by acquiring new business and managing broker relationships for underwriting.

Key Responsibilities

  • data analysis
  • crm management
  • compliance
  • project leadership
  • underwriting lead
  • technical mentoring

Tasks

-Effectively utilise internal business data sources and industry market intelligence to provide insightful data to inform strategic revenue and customer growth planning activity and support future underwriting activity -Continuously explore new revenue channels and potential markets, being innovative in approach to identify diverse and exciting new opportunities. -Contribute to effective loss ratio control by ensuring adherence to business strategies. -Maintain and implement all necessary procedures and processes to ensure internal service standards and FCA Compliance. -Maintain accurate records within CRM systems (Dynamics 365), populating with all client interactions and activities to enable and support future opportunities and pro-active cross-segment working. -Undertake and lead on any team or business wide projects as required -Attend relevant industry and market specific events, conferences and networking activities, raising HSB’s profile and increase market presence. -Work collaboratively with Product Leads and Underwriting Managers to ensure business acquisition is efficient and meets the customer requirements. -Develop and maintain constructive and profitable relationships with customers through regular contact, visits and in line with specific customer strategies -Attend broker / strategic partner meetings as the technical underwriting lead and deliver presentations and training workshops as required. -Adopt a collaborative mindset/approach with Strategic Account Managers to enable increased lead generation -Increase the technical and trading capability of the underwriting team, act as a technical mentor and referral point for all policy classes within the team. -Attend training to ensure development of required knowledge and skills to enable effective undertaking of the role. -Ensure all issues are resolved promptly ensuring ‘Customer First’ approach -Support and enable nationwide collaboration to maximise cross selling, increase retention and rates to ensure achievement of segment and business wide targets. -Work collaboratively with the Leadership Team to create a culture of high performance within the team, leading by example in adhering to the HSB behavioral standards. -Influence, negotiate and build relationships with key internal and external influencers, ensuring engagement and ‘buy in’ to enable delivery of strategic growth plans and maximise potential underwriting opportunities. -Continuously monitor and review client activity to enable strategic focus on profitable accounts

Requirements

  • uk insurance
  • underwriting
  • data insight
  • acii
  • midi
  • negotiation

What You Bring

-Thorough understanding of UK Insurance market -Excellent interpersonal and negotiation and problem solving skills -Self-motivated & proactive -Strong level of technical underwriting expertise gained in relevant insurance environment -Ability to convert data insights into revenue and growth plans -Commercially astute with business planning experience -Strong trading capability – commercial awareness, negotiation skills, ability to build strong broker relationships -Excellent written and verbal communication -Demonstrable knowledge/experience of Machinery Inherent Defects Insurance (MIDI) -Pragmatic decision maker with analytical and reasoning skills -ACII Desirable -Demonstrable experience of ensuring excellent customer relationship management -Demonstrable knowledge/experience of Machinery Breakdown & Business Interruption

The Company

About Hsb | Uk And Ireland

-a leading provider of engineering insurance and risk management services. -has a strong presence in sectors like industrial, energy, marine, transport, and utilities. -known for its expertise in risk mitigation, offers tailored solutions for complex engineering challenges. -comprehensive approach includes technical assessments, engineering inspection, and specialized insurance coverage. -works with various industries to manage risks associated with machinery breakdown, equipment, and operational efficiency. -with a deep understanding of engineering, delivers exceptional service to clients across the UK and Ireland. -focus on innovation and customer-centric solutions makes it a trusted partner for major infrastructure projects.

Sector Specialisms

Construction

Engineering

Technology

Industrial

Energy

Infrastructure

Buildings

Residential

Commercial

Water Resources

Heavy Civil

Marine

Transport

Utilities

Solar

Wind

Nuclear

Government

Cyber

Equipment Breakdown

Energy Efficiency