Commercial Underwriter - Watford - Apply Now!!!
Job Description
We are looking for a Commercial Underwriter with specific experience of Insurance work- The successful applicant will join Underwriting team at NIG Watford- NIG support the general insurance needs of UK businesses through a comprehensive portfolio of insurance solutions, specifically developed for the SME market-
. Roles at this level will be underwriting and developing profitable business and products within agreed guidelines-
. Role holders will typically only work independently on defined projects-
Work Activities
. You will make day to day decisions regarding the acceptance, rating and wording of insurance risks within agreed guidelines and agreed authority limits-
. You will perform a range of duties which may include dealing with technical referrals, assisting with technical training and auditing, and the production and distribution of statistical information and other research-
. You will work individually and collectively with other members of your team to provide technical support and add value-
. You will develop key business stakeholder relationships (internal & external) in order to ensure they understand the overall business context and enable them to respond effectively to stakeholder concerns-
. You will be expected to develop new business and maximise the value of current business on an ongoing basis-
. You will also provide support & guidance to roles below on a day to day basis-
. Ensure compliance with the principles/outcomes of Treating Customers Fairly (TCF) within your team/department by demonstrating knowledge of the Treating Customers Fairly (TCF) principles/outcomes, adhering to training and competency standards, demonstrating the Company values and, through accurate measurement and feedback of performance of the team/department, identifying opportunities for development and taking actions to address shortfalls-
Requirements
. Individuals at this level are likely to be CIP qualified and working towards ACII qualification and will possess an analytical approach with a high level of attention to detail-
. You will have experience in an underwriting role / experience of the environment and type of work-
. You will have a technical awareness/product breadth of underwriting which will be developed further during your time in the role and in the course of their studies-
Responsibilities
Representative Work Activities
. You will make day to day decisions regarding the acceptance, rating and wording of insurance risks within agreed guidelines and agreed authority limits-
. You will perform a range of duties which may include dealing with technical referrals, assisting with technical training and auditing, and the production and distribution of statistical information and other research-
. You will work individually and collectively with other members of your team to provide technical support and add value-
. You will develop key business stakeholder relationships (internal & external) in order to ensure they understand the overall business context and enable them to respond effectively to stakeholder concerns-
. To develop new business and maximise the value of current business on an ongoing basis-
. Provide support & guidance to roles below on a day to day basis-
. Ensure compliance with the principles/outcomes of TCF within your team/department by demonstrating knowledge of the TCF principles/outcomes, adhering to training and competency standards, demonstrating the Company values and, through accurate measurement and feedback of performance of the team/department, identifying opportunities for development and taking actions to address shortfalls-
The Individual
An excellent team player with a strong technical knowledge of commercial and/or technical Underwriting
Additional Information
The RBS Group is recognised as having one of the most innovative and flexible reward programmes in the financial services sector- In addition to your salary you would receive up to a further 21% of your salary paid to you as benefit funding instead of a traditional pension plan* Sharesave Scheme - Save 20% off RBS shares and cash-in, tax-free after 3/5 or 7 years 25 days holiday per year (rising to 28 - 1 day per year worked) plus a further 8 Bank Holidays (both pro rata based at hours worked) All employees have access to a great range of discounted financial services products including Mortgages, Loans, Savings and Insurance as well as discounts on other products and services from a number of well known retailers and manufacturers *Please note that you would have the opportunity to contribute towards the Group's Retirement Savings Plan- Different levels of Benefit Funding may apply in other schemes across the RBS Group- Commercial Underwriter
Salary Dependent on Experience, Watford If you are having any technical difficulties applying online, please contact us on 0131 626 2461 quoting Ref: 00027094
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