Newcastle Upon Tyne, Tyne And Wear
Aston Charles Ltd
With the government’s much publicised commitment to supporting the house building industry for years to come, this is a truly fascinating time for an experienced Underwriter to forge a rewarding career within the fascinating Latent Defects Insurance niche. Furthermore, where better to do so than with a market-leading name that boasts A rated capacity, coupled with a fine reputation for offering exceptional training, development and opportunities for progression?!
As one of the best known firms operating in the LDI and Structural Warranties sector, it partners with a wide variety of firms (both direct and via brokers), from self-employed builders, through to niche contractors, housing associations and some of the country’s biggest house builders. Keen to retain the integrity of the aforementioned A Rated paper, the company has one of the most technically-gifted teams in the market. They are proud of having one of the most comprehensive offerings going, and a reputation for ‘hands on’ underwriting and delivering exceptional client service.
Here, you will be evaluating the risk of projects against a variety of criteria such as construction methods and client profiles. Individual projects could range from individual house builds through to high spec’ barn conversions and large-scale redevelopments of former department stores as part of the ‘city living’ boom.
You will underwrite projects of up to £10,000,000 reinstatement value, calculating premiums and appropriate T&C’s in line with the insurer’s binding agreement. This will extend both to new business enquires and mid-term amendments, and where the reinstatement value likely exceeds £10,000,000 you’ll present the case to the management team to refer to insurers. You will help manage relationships with a variety of stakeholders, chasing down necessary information and ensuring this is uploaded to the in-house IT platform.
It is essential that you have a sound understanding of underwriting principals and the general insurance market, coupled with solid risk analysis skills. Ideally, this would include knowledge of Latent Defect, Structural Warranty or Construction-related insurance lines, but this is by no means a deal-breaker and we welcome applications from Underwriters from all disciplines.
As this team is well-known for its fast-paced atmosphere, you must be well-organised with good prioritisation and task-management skills. Just as importantly, you’ll have a positive, enthusiastic ‘can do’ attitude and always be willing to go the extra mile to see assignments through to completion.
In return, you will receive a fantastic basic salary and a generous benefits package. You will also receive comprehensive training, and benefit from a range of opportunities to progress your career (such as into technical, managerial or client-facing roles) in this booming niche.
Aston Charles – a personalised service from industry expertsGeneral Insurance and Financial Services RecruitmentFor more jobs like this, or for more information on how we may be able to help you in your search for a new job, please visit our website
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