Title:  Property Underwriter

Bell & Clements is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd’s Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.

We are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, London Market companies, and Munich Re owned capacity in Germany and the US.

Why join us?

We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products, risk appetite and career development opportunities of one of the largest and most successful insurance groups in the world. As our business continues to grow, we are committed to expanding our team and provide development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work-life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.

Overview

Profitable underwriting, servicing and development of Property business.  To pro-actively contribute towards the smooth running of the Direct Underwriting Property Division and other divisions where appropriate.

Responsibilities

• Underwriting of new and renewal business daily within agreed authority levels and ensure completion of all post items associated with the task.
• Underwriting of new and renewal business daily for peer review where it falls outside of agreed authority levels.
• Authorise Quotes, Endorsements and other post-related issues that have been referred by other members of the Property team which fall within Authority levels.
• Work closely with capacity provides (for example Great Lakes and Lloyd’s), where appropriate.
• Utilise all office and other web-based systems where appropriate to complete daily tasks.
• Review/Underwrite the daily post, as required.
• Ensure all client queries are dealt with in a timely manner.
• Submit quotes in a timely manner, liaise with customers and manage any queries they may have over the placement and/or quoting of business.
• Create new business relationships where the opportunities arise.
• Pro-actively contribute to departmental and inter-departmental group meetings as and when required.
• Travel as required and necessary.
• To provide the necessary support and assistance to the Chief Underwriting Officer, Head of Direct Underwriting and Head of Property in the management of the Property departments tasks.
• Help, assist and mentor Underwriters, Assistant Underwriters, Underwriting Assistants and Underwriting Administrators with their development within the Direct Underwriting Property.
• Awareness of FCA rules and all relevant regulatory and compliance issues as may be applicable. Assist in implementation where applicable.
• Where necessary work towards professional qualifications.
• To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.
• Take ownership of and make personal and professional development a priority as part of Continuous Conversations.
• In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).
• To abide by the policies and procedures of Bell & Clements Ltd.

Key Skills and Experience 

• Commercial Property experience – preferred
• Accuracy, attention to detail and analytical skills essential

• Strong interpersonal, team working and communication skills, both written and verbal
• Negotiation skills and the ability to influence others
• The ability to absorb technical information
• Confident decision-making skills
• Numeracy and statistical skills
• Problem-solving skills and a logical approach to work
• Self-motivation
• The ability to work to tight deadlines
• US Property – Desirable

Benefits

This position is offered on a Permanent basis. Annual salary will be dependent on the skills and experience of the successful candidate. Annual leave - 25 days per year (plus bank holidays), increases with length of service. Health & Wellbeing – our offering includes private medical insurance for employees, their partners and their families, a Digital GP service and an annual allowance (currently £550) any activities which supports health and wellbeing.  Hybrid and remote working – to support your work balance we have introduced hybrid working.  You will be provided with support to work from home up to a maximum of three days per week.  Flexible working hours – the opportunity to flex your working hours. Generous gender-neutral family leave policy - employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Professional Qualification Support – (discretionary) financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses. Generous gender-neutral family leave policy - employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Team fun – warm and social culture with regular get togethers.

Equal Opportunities

Bell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or parental status.

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. 

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! 

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.