Regional Trading Manager – Real Estate Underwriting

Regional Trading Manager – Real Estate Underwriting

South East England

Salary: £75,000 p.a. + benefits including share options.

Fantastic opportunity to join highly successful global insurance group and Lloyd’s underwriting agency, supporting a team of 11 across London, Essex and the Southeast. The Regional Underwriting Manager will be managing your own Commercial Underwriting (mainly real estate but some household and non standard – 40%) whilst also ensuring your team perform to their maximum and achieve KPIs/SLAs (team performance management – 60%).

Duties for Regional Underwriting Manager:-

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.
Performance 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.

Skills Required for Regional Underwriting Manager:-

Ability to manage the performance of a team of underwriters across the Southern region.
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 communicate the organisation’s strategic objectives and targets.