Technical Underwriting Consultant

at  Benefact Group

Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Gloucester
Job ref: REQ202261

KNOWLEDGE, SKILLS AND EXPERIENCE

• Dip CII or working towards
• Strong Excel knowledge or a willingness to learn
• Experience of influencing stakeholders within underwriting and wider business areas
• Systems and analytical experience
• 10 years plus within commercial insurance industry
• Proven ability to coach/train for enhanced performance of others
• Proven underwriting and technical background

ABOUT US

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and are currently the UK’s 3rd largest corporate donor, having given away £200 million since 2016. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.

ABOUT THE ROLE

Ecclesiastical Insurance, who are proudly part of Benefact Group, are looking for a Technical Underwriting Consultant to join our Gloucester office.
This is a fantastic opportunity to work within a head office function to promote, develop and implement the Company’s underwriting philosophy and strategy through the successful delivery of a variety of underwriting functions to maximize performance and achieve company objectives.
You’ll be joining a rapidly growing and forward thinking business, giving you a real opportunity to develop your career and be part of a purpose led organisation.

KEY RESPONSIBILITIES

• Maintain and govern the underwriting processes for the Underwriting Department
• Manage non-system operational workflow tools used by the market facing underwriting teams
• Provide support for the Group Insurance placement working with Group Strategy and our other entities across a number of territories
• Delivery and oversight of ELTO and historic policy tracing procedures to ensure compliance
• Maintenance of Terrorism reconciliation including annual returns.
• Underwriting risk profile ownership and maintenance of the risk log
• Manage framework for underwriting third party suppliers ensuring compliance with procurement procedures and requirements
• Manage audits undertaken by third parties as required
• Understand and operate within regulatory framework and identify and escalate any risks to the business.
• Support the Underwriting Operations Team Manager and Underwriting Performance Manager with their role objectives as needed
• Research and maintain an awareness of market conditions, practice and legislation, making appropriate recommendations by identifying opportunities in order to maximize business performance
• Lead or support defined pieces of work end to end within agreed timescales
• Pro-actively identify areas for process improvement and efficiency savings.
• Support other key tasks within the Underwriting Operations Team such as reinsurance maintenance, Reporting, XOL, Auditing as well as the wider Underwriting Department