Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our thriving team in Cardiff. As an Underwriter, you will evaluate insurance applications, assess risk factors, and make informed decisions to develop and modify insurance policies.

Responsibilities

• Assess and classify risk for various insurance products.
• Collaborate with underwriting teams to streamline processes.
• Utilize data analysis tools for risk evaluation.
• Ensure compliance with insurance laws and regulations.
• Provide training and support to junior underwriting staff.

Requirements

Education

• Bachelor's degree in Risk Management or related field

Experience

• 5+ years of experience in underwriting

Technical Skills

• Insurance Regulations
• Financial Modelling

Soft Skills

• Negotiation
• Analytical Thinking

Certifications

• Insurance Practice Certificate (IPC)
• Advanced Diploma in Insurance (ACII) is a plus

Languages

• English: Fluent

Advantageous

• Experience with statistical analysis software: Hands-on experience with software like SAS or SPSS for data analysis.
• Familiarity with regulatory compliance: Knowledge of compliance issues affecting the insurance industry.

Benefits

• Performance-related bonuses
• Health and wellness programmes
• Flexible working options available
• Employee assistance programme

Company Culture

• Innovation: We encourage innovative thinking and creative solutions to challenges.
• Work-Life Balance: We promote a healthy work-life balance and support our employees' wellbeing.
• Respect and Integrity: We uphold the values of respect and integrity in all our interactions.