Senior Commercial Underwriter - Large Corporate Insurance
The National Farmers Union Mutual Insurance Society Limited
Senior Commercial Underwriter - Large Corporate Insurance
£100000
The National Farmers Union Mutual Insurance Society Limited, Stratford-upon-Avon, Warwickshire
- Full time
- Permanent
- Remote working
Posted 3 weeks ago, 21 May | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: c4bdfc0dfec740f5bf5b5b3dd8efc7c3
Full Job Description
- Join our team as a specialist property underwriter and manage a diverse portfolio of some of our largest customer accounts.
- A high-profile role that will offer you the opportunity to be involved in the continuous evolution of our risk appetite and strategy.
- Hybrid role with 80% homeworking and 20% in Stratford upon Avon
- A solutions-focused mindset, coupled with a keen customer orientation - this will be instrumental in delivering tailored insurance solutions that meet our clients' evolving needs.
- Effective communication with the ability to articulate complex and technical solutions to a diverse range of audiences.
- An ability to influence, negotiate, and build strong relationships.
- A meticulous attention to detail and critical thinking skills that will enable you to consider broader implications.
- Previous experience coaching less experienced team members.
We're one of the UK's leading general insurance and financial services companies. For over 110 years we've put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being "a great place to work" and we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024. - Salary [up to £60,000]
- Annual bonus (up to 17.5% of salary)
- Contributory pension scheme, up to 20%, including your 8% contribution
- 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
- A Family Friendly policy that helps you balance your work and family responsibilities
- Access to savings at High Street brands, travel and supermarkets
- £20 contribution to a monthly gym membership - subject to T&Cs
- Health and wellbeing plan - cashback for dentist, opticians, physio and more
- Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
- Employee Volunteering - volunteer in the community for one day each year
- Unlimited access to Refer a Friend £500 bonus scheme
- Life Assurance cover of 4 x salary
- Employee discounts of 15% on a range of NFU Mutual insurance policies.
About the role
Our Large Corporate Insurance team is committed to providing exceptional service and protection to our largest clients. With accounts ranging from £100,000 to £6.5mil, we cater to the diverse needs of businesses across various industries. What sets us apart is our unwavering customer focus, demonstrated by our impressive average corporate customer tenure of 10 years. Our team operates cohesively, with Sales, Underwriting, and Claims professionals working in unison to deliver bespoke insurance solutions tailored to each client's unique requirements.
As a Senior Underwriter within the department, you'll manage a portfolio of clients' accounts, with a primary focus on complex commercial property matters. You'll use your technical expertise in this area to deal with referrals from the team and feedback valuable market insights to help drive key business decisions.
Whilst the role doesn't involve direct line management, you'll have the opportunity to coach less experienced Underwriters within the team. With one of the higher underwriting authorisation limits, typically signed off within a few months, you'll have the authority to make impactful decisions.
Additionally, you'll collaborate with other teams across the department as well as Head Office Underwriting, Broker Development Managers, and Commercial Account Managers. You'll also engage directly with Agents and Brokers, and occasionally clients too.
Beyond case underwriting, this role will allow you to contribute to process improvements and review coverages and policy wordings, reflecting our dedication to continuous evolution and excellence in underwriting.
You'll have an extensive background in commercial property underwriting, particularly with a proven track record in handling complex cases and premiums exceeding £50,000 - ideally working with corporate client accounts. This experience will be partnered with a deep understanding of the General Insurance (GI) market landscape, and you'll be able to demonstrate a knowledge of GI pricing and rating rationales.,
We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.
At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.
We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.
We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.
Benefits and Rewards
When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:
Working at NFU Mutual