Production Underwriter - FM Affiliated
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Overview
FM Affiliated has a new opening for a Production Underwriter to be part of the FM Affiliated London team to be based from the London Office. We are looking for a property insurance professional to manage and develop a growing portfolio of mid-market business in the UK. If you enjoy both the marketing of insurance products/services as well as underwriting and risk analysis this Production Underwriter position is for you!
Responsibilities
The successful candidate will be responsible for developing and growing a profitable portfolio of business within an assigned territory. This includes marketing of FM Affiliated products and loss prevention engineering services and developing/maintaining long term relationships with a select group of brokers.
Responsibilities include risk selection rating and pricing terms and conditions capacity commitment reinsurance placement policy construction loss control needs and ongoing account management. The role will also include presenting to and negotiating with brokers and customers. After extensive training the Production Underwriter is expected to work with minimal supervision while carrying an above average workload be capable of developing saleable alternatives for our customers unique requirements and professionally represent FM Affiliated as the property insurer of choice in the marketplace.
Accounts handled are primarily UK headquartered. Overnight travel will be required as necessary for training purposes internal meetings and as needed in the production underwriter role to meet brokers and clients in person. Training will be provided on-the-job and in London and/or North America.
Qualifications
- Bachelors degree in engineering business or finance or desirable but not required.
- Proven sales/underwriting experience within the industry with exposure to commercial property accounts of varying occupancies and sizes
- Knowledge of the London market would be a plus!
- Working knowledge of FM Affiliateds business including an understanding of risk identification and assessment loss prevention and property insurance coverage financial statements and business computer applications including MS Office products is required.
- Suitable candidates must possess skills in time management problem solving sales/negotiation and leadership as well as the ability to establish a network of producers and industry contacts.
- The successful candidate will be creative detailed oriented have a willingness to learn and excellent communication skills.
In return you will receive a competitive benefits package which includes:
- Company car or car cash allowance.
- Defined Contribution Pension Scheme.
- Private medical insurance contribution.
- Incentive Plan.
- Fitness Reimbursement Plan.
- 2 Global Well-being days per annum.
- Annual Volunteer Day.
- Emotional well-being and mental health assistance programme.
FM is a people-driven business. It is our ability to harness the power of our diversity that allows us to create the unique world-class services were known for. Were committed to attracting a talented and diverse workforce and fostering a culture of inclusion that allows diversity to thrive and seed innovation.
We are an organisation of individuals that care deeply about each other our clients and the communities in which we work. Living our commitment ensures we foster a culture of belonging and is part of our organisational DNA.
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
FM Global's multinational presence and capabilities allow us to provide seamless insurance solutions, services and claims response around the world.
