Regional Trading Manager - Real Estate Underwriting

Regional Trading Manager - Real Estate Underwriting

Hybrid from either Moorgate, Central London or Basildon, Essex office (1-2 days in the office)

Salary: £60,000 to £65,000 p.a. + benefits including share options.

Experienced real estate underwriting trading manager required for highly successful global insurance group and Lloyd s underwriting agency, supporting a team of 11 across London, Essex and the Southeast, involved in 40% underwriting and 60% team management to include reviewing trading results and trends, identifying opportunities and overseeing the team.

You will be responsible for evaluating the risk and exposures of customers for new business, mid-term adjustments and renewals from the company s network of UK and Ireland brokers. Quoting, converting and retaining business to meet budget and underwriting performance targets for the range of specialist insurance products in the Real Estate division, facultative and sub binder distribution channels. Duties include:

• Developing and growing the company s presence, GWP and income in the Southeast by meeting or exceeding the budgeted new business and renewal retention rate for the region and if applicable, specific brokers in the region, whilst maintaining profitability for capacity.
• Operationally managing a team of 11, and lead, inspire and motivate the underwriters to achieve the agreed Service Level Agreement (SLA).
• Underwriting new business, renewal and mid-term adjustments, trading with brokers in accordance with the underwriting authority awarded.
• Developing, building and creating new broker relationships in the specified region with regular performance visits, meetings and broker events.
• Reporting monthly to the Senior Management Team on progress against regional budget performance and ongoing activity/developments/actions.
• Working closely with other Regional Trading Managers to help ensure the overall underwriting operation is meeting its objectives, SLA s and KPI s.
• Owning, managing and maintaining resource plans jointly with other Regional Trading Managers and ensure shift adherence to ensure adequate cover to support opening hours and SLA s.
• Reporting to the Heads of Underwriting to ensure consistency and delivery of technical stance and underwriting strategy.
• Underwriting in accordance with the Underwriting Authority & Guide and the Underwriting authority awarded in your Underwriting Passport.
• Monitoring, encouraging and developing individuals performance and competency by way of regular 121 s, coaching, underwriting training and annual Personal Development Cycle (PDC) appraisal process.

• Building training and development plans and facilitating ongoing underwriter training for new starters and existing staff.
• Supporting the full range of products where required.
• Understanding and distribute MI and working with the Technical Management and Business Development teams to ensure we achieve budgeted GWP and target loss ratios.
• Taking underwriting referrals where directed.
• Underwriting taking all necessary care to protect the interest of our capacity providers .
• Measurably increase the team s efficiency through continual process improvement and/or continual performance improvements.
• Perform other duties from time to time as determined by the Senior Management Team.

Key Requirements

• Team management, underwriting and broker development experience.
• Cert CII qualified progressing towards Dip CII.
• Proven track record in property/real estate underwriting within an MGA, insurance company or Lloyd s syndicate.
• The ability to establish effective working relationships both internally, with brokers and with other business partners.
• Ability to make sound judgement based upon available information and reason and justify decisions to others.
• Ability to effectively plan and organise workload in order to meet business objectives.
• Understanding of the value of utilising business systems and processes for personal development, business requirements, industry regulation and controls.
• Ability to present and receive both verbal and written information in an effective manner.
• Ability to supervise and manage others in the business process. Ability to communicate the organisation's strategic objectives and targets. Ability to manage and allocate workloads and resources within the operation.