HNW Underwriter

We’re on the lookout for a HNW Underwriter to join our HNW Team.

The purpose of the role will be to actively contribute and assist the HNW department in achieving the budgeted new business GWP, retention and rate strength targets, whilst providing first class service.

This role can be performed remotely, but there may be a need to visit our Halifax and West Malling offices from time to time.

What will I be doing?

• To manually underwrite quotations, transact new business, underwrite renewals & adjustments, and issue documentation accurately.
• To prospect and actively contribute to the profitability & retention targets of the HNW department.
• Have a good understanding of the impact of claims & risk management on the performance of a risk and demonstrate an ability to underwrite taking these factors into account.
• To prove own technical competence in handling mid & high net worth cases in accordance with Covéa’s guidelines/risk appetite and within limits of authority
• To manage own portfolio of work in accordance with agreed service, technical, output standards, accuracy & TCF requirements
• Develop and maintain relationships. Provide feedback to relevant individuals on account performance and undertake external visits, review meetings and social events when required, ensuring any actions captured, recorded and shared accordingly
• Ensure an excellent working knowledge of all HNW products, procedures, underwriting guides and Management Information is achieved. Offering suggestions and input into the shaping of products and risk appetite
• Actively support and promote new lead generations.
• Actively support projects taking responsibility for areas of expertise.

You should apply if you…

• Have proven experience within HNW or Personal Lines insurances.
• Are able to work collaboratively with other HNW teams.
• Have the ability to develop and sustain relationships with internal and external parties.
• Have strong planning and organisational skills and the ability to work to a deadline
• Have effective communication skills
• Have strong MI and analytical skills.
• Have the ability to act as a coach/mentor.
• Cert CII or working towards Dip CII qualifications.

We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.

What’s on offer?

• 36.25 working hours per week with flexitime, (along with a range of flexible working options)
• Annual pay review and performance related bonus
• 25 days holiday + bank holidays, with the option to buy/sell holidays
• Continued professional development through internal training programmes, professional qualifications and apprenticeships
• A wealth of support for your mental, financial & physical wellbeing through our Wellbeing group
• A range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insurance
• Tusker Car Scheme – salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.
• Generous pension scheme with a 7.5% minimum employer pension contribution, matched  to maximum of 9% dependant on your contribution
• Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal.

Our Mission…

Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.

As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all.  If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.

Salary:

Up to £32,500 (DOE)

Working hours:

36.25