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.