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Senior Underwriter - Bridging
Nouvo recruitment are working with a fantastic new client based in North London, who are looking for an experienced Underwriter to join their fast-growing team.
The role consists of:
- Comply with all applicable legal and regulatory requirements and ensure that, at a level appropriate to the position, appropriate measures are in place to ensure this compliance.
- Review applications and financial requirements for risks requiring sophisticated underwriting skills. Determine acceptability of risk in accordance with company guidelines and standards.
- Define appropriate pricing based on financial and competitive analysis in line with compliance requirements.
- Prepare quotations and answer questions from Brokers, policyholders or other external contacts and escalate issues to management, along with proposed solutions as necessary.
- Negotiate with Brokers to achieve positive and profitable outcomes.
- Notify Brokers of adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations.
- Analyse quality and quantity of risks underwritten and prepare reports for management review.
- Market products and services through the brokerage community and make field visits. Develop and maintains Broker relationships.
- May provide guidance and assistance to other underwriters and to other functional areas, particularly when related to cross-sell opportunities.
- Keep current on state/territory issues and regulations, industry activity and trends and freely share information with others.
- Utilise advanced functionality in relevant CNA systems to perform day-to-day activities.
- Work with more senior underwriters or management on risks exceeding authority level or requiring special handling.
- May perform additional duties as agreed.
The ideal candidate will:
- Have at least 2 years of experience within the Bridging Underwriting field.
- Experience in FCA regulated loans.
- Commercially aware.
- Strong pipeline of cases which are fully kept up to date.
- Always maintaining high level of judgement.
- Excellent attention to detail.
Due to a very high number of applications, we are unable to come back to every candidate with feedback. If you do not hear from us within 48 hours, please assume that you have been unsuccessful on this occasion. Your CV will be registered with us, and we will keep you updated with any other positions that may be of interest. However please keep checking our website as new roles will be updated daily, Nouvo Recruitment (London) wishes you the best of luck in your job search.
Nouvo Recruitment (London) operate as an independent recruitment agency with over 20 years of experience supporting clients and candidates nationally across the UK.
