Regional Real Estate Underwriting Manager

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Full time
Location: London
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Job offered by: Shenley Recruitment
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Category:
Regional Real Estate Underwriting Manager

Covering London, Essex and the South East

Salary: £65,000 p.a. + benefits including share options.

Fantastic opportunity for experienced Real Estate Underwriting Manager with Trading knowledge required for highly successful global insurance group and Lloyd's underwriting agency.

Your role will be 40% real estate underwriting and 60% team management, supporting 11 Underwriters across London, Essex and the Southeast.

You will be responsible for:

Reviewing trading results and trends, identifying opportunities and overseeing the team. Evaluating the risk and exposures of customers for new business, mid-term adjustments and renewals from the company's network of UK and Ireland brokers. Quoting, converting and retaining business to meet budget and underwriting performance targets for the range of specialist insurance products in the Real Estate division, facultative and sub binder distribution channels. Developing and growing the company's presence, GWP and income in the Southeast by meeting or exceeding the budgeted new business and renewal retention rate for the region. Operationally managing a team of 11, and lead, inspire and motivate the underwriters to achieve the agreed Service Level Agreement (SLA). Building training and development for new starters and existing staff in order to increase the team's efficiency through continual process improvement and/or continual performance improvements. Underwriting new business, renewal and mid-term adjustments, trading with brokers. Developing, building and creating new broker relationships, with regular performance visits, meetings and broker events. Monthly reporting to Senior Management. Meeting operational objectives, SLA's and KPI's. Real Estate Underwriting and taking underwriting referrals where directed. Monitoring, encouraging and developing individuals' performance and competency by way of regular 121's, coaching, underwriting training and annual Personal Development Cycle (PDC) appraisal process. Supporting the full range of products where required. Understanding and distribute MI and working with the Technical Management and Business Development teams to ensure we achieve budgeted GWP and target loss ratios. Perform other duties from time to time as determined by the Senior Management Team.

Key Requirements Ability to operationally manage a team of 11 underwriters. Cert CII qualified progressing towards Dip CII. Proven track record in property/real estate underwriting within an MGA, insurance company or Lloyd's syndicate. Able to establish effective working relationships both internally, with brokers and with other business partners. Able to present and receive both verbal and written information in an effective manner. Able to communicate the organisation's strategic objectives and targets.

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