Financial Institutions Underwriter
3 weeks ago
Full details of the job.
Vacancy Name
Vacancy Name Financial Institutions Underwriter
Vacancy No
Vacancy No VN649
Employment Hours
Employment Hours Full-Time
Business Function
Team
Work Location
About CFC
About CFC CFC is a specialist insurance provider, pioneer in emerging risk and market leader in cyber.
Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today’s most critical business risks.
700 staff and is trusted by more than 100,000 businesses in 90 countries. Learn more at cfcunderwriting.com and LinkedIn.
Role Definition
Role Definition As a Financial Institutions Underwriter the successful candidate will be challenged with developing profitable business focusing on our core territories. You will have an opportunity to be involved in all aspects of underwriting from product updates and development, to new business and renewal underwriting and business development. You will be tasked with building long term broker relationships both in the UK and overseas and this will require ad hoc UK and international travel.
Responsibilities & Accountabilities
Responsibilities & Accountabilities • Respond to and manage enquiries from brokers in a timely and professional manner
• Produce quotes within agreed SLAs
• Proactively develop and seek out new business via brokers and clients
• Explain the features, advantages and benefits of CFC’s new and existing products and coverage enhancements as well as supporting the launch of new products
• Attending and hosting corporate hospitality events
• Investigate insurance legislation, regulation, and compliance issues within our target FI markets
• Identify and research ongoing opportunities to develop our FI offering, including assisting our products team in the development of new products.
• Supporting FI practice projects and supporting the underwriting team with training and induction of junior team members
• Advising and presenting to members of other teams on the FI team’s products and appetite.
• Meet and deliver to agreed performance standards and new business and renewal targets
• Ad-hoc long-haul international travel (e.g. to US/Canada/Australia/Israel)
• Ad-hoc Regional UK travel
Skills & Ability
Skills & Ability • You have strong numeracy skills
• Highly articulate with strong verbal and written communications skills
• You are IT literate with proficiency in MS Office (Word, Excel, PowerPoint, Outlook, Teams)
• Strong attention to detail and planning skills come naturally to you
• You are confident, energetic and self-motivated
• You operate well in a fast-paced working environment working to deadlines
• You are highly presentable and comfortable presenting to small and large groups
• A flexible attitude to working hours (requirement for regular out of hours calls and emails)
• Above all you have an excellent work ethic and are a team player
Education and Qualifications
Education and Qualifications • A strong degree in a relevant discipline (Finance, Business, Law, Economics or Mathematics) preferred.
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