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Nexus Trade Credit

New Business Commercial Underwriter

Manchester
Posted about 13 hours ago
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Reports to - Head of New Business

Location - Flexible – London or Manchester based

Job Summary

Nexus Trade Credit are currently recruiting for a New Business Commercial Underwriter to join our busy and growing underwriting team. The successful candidate will be able to take ownership of key broker relationships and grow new relationships as they look to expand Nexus’ existing portfolio.

You will be involved in business strategy decisions on how Nexus approach the underwriting market and will be reviewing submissions with a concentration on Insurable Turnovers of up to £10m. The potential is also there to develop the role in line with your career aspirations. Within the role the successful candidate would form an integral part of the team and will be expected to represent the company’s interests at various meetings and events around the country.

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Principal Duties / Responsibilities

  • Underwrite, price and negotiate terms with our broking partners according to the company’s strategy.
  • Develop and maintain strong relationships with brokers and prospects to ensure strong submission flow and profitable portfolio growth.
  • Achieve new business income target within turnover segment / nominated Brokers.
  • Organise, prepare and host strategy meetings with broking partners.
  • Manage your personal pipeline of ongoing quotes across the market and be able to present updates internally.
  • Have a good understanding of and the ability to work with the Risk Underwriting team to ensure we are targeting and providing the best solutions for our brokers and prospective clients.

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Qualifications

  • Educated to A-Level standard or equivalent (minimum C grade in Maths and English).

Skills

  • Enthusiastic and hardworking individual with a focus on providing the best possible service
  • Commercial awareness partnered with a strategic mind-set
  • Experience in delivering client-focused solutions and creating long-lasting relationships

Knowledge / Experience

  • You will have 2+ years’ work experience in credit insurance company or related industry, ideally in New Business Development
  • A broad knowledge of and interest in domestic and global economic trends
  • Awareness of credit insurance terminology and policy features
  • Proficient working knowledge of MS Office software
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Skills

Commercial Underwriting
Broker Relationship Management
Pricing
Negotiation
Business Development
Strategic Planning
Pipeline Management
Risk Underwriting
Client-Focused Solutions
MS Office

Location

Manchester, England, United Kingdom

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