Motor Trade Underwriter, London

Published 2022-05-13
Expires 2022-06-13
ID #995876434
Motor Trade Underwriter, London
United Kingdom, London, London,
Published May 13, 2022

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Per annum
Occupation: Motor trade underwriter

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Motor Trade Underwriter London Up to £35,000 Excellent Benefits An excellent opportunity has arisen with our client, a leading insurer based in London, which is looking to recruit an Motor Trade Underwriter. The successful candidate will underwrite Motor Trade on a case-by-case basis within the company's strategy and authority limits. Key Responsibilities Profitably underwriting Motor Trade on a case-by-case basis within underwriting criteria. Developing and maintaining mutually beneficial relationships with colleagues and brokers, as well as identifying new opportunities within the company's network. Maintaining, and aiming to exceed, agreed service levels with both internal and external customers. Working closely with Senior Underwriters and supporting more junior Underwriting colleagues. Maintaining an accurate audit trail. Developing and maintaining an up-to-date knowledge of the Commercial Lines market, the broking marketplace, and any relevant legislation and litigation. Key Requirements Previous experience within Motor Trade Underwriting is essential. Proven skills in developing broker accounts to achieve profitable growth. Strong communication and relationship management skills. A desire to obtain professional insurance qualifications, if not already qualified. Must have GCSE Mathematics and English (C or above) or equivalent academic qualifications. Keywords: Motor Trade Underwriter; Motor Trade; Commercial Lines; Commercial Underwriting We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information - www.edenjames.co.uk

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    Eden James Consulting Ltd
    Registered on October 7, 2017


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    Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and must involve something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster.

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