Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our Birmingham team. In this role, you will evaluate insurance applications and risks, ultimately determining coverage options and premiums. Ideal candidates will have experience in assessing risk and making informed decisions.

Responsibilities

• Conduct detailed assessments of insurance applications to make informed underwriting decisions.
• Evaluate the financial history and other relevant factors to ensure sound risk management.
• Prepare reports on underwriting activities and present findings to senior management.
• Liaise with cross-functional teams to ensure alignment of underwriting practices with business objectives.
• Proactively manage relationships with brokers and clients to ensure satisfaction.

Requirements

Education

• Bachelor’s degree in Economics, Risk Management, or related field
• Master’s degree or specialized underwriting qualifications are beneficial

Experience

• 5+ years of underwriting experience, preferably in commercial insurance

Technical Skills

• Policy Analysis
• Financial Acumen

Soft Skills

• Negotiation
• Teamwork

Certifications

• Fellowship in the Chartered Insurance Institute

Languages

• English: Fluent

Advantageous

• Proven track record of reducing risk exposure: Successfully managed and reduced risk in previous underwriting roles.
• Experience in mentor roles or training junior underwriters: Able to provide guidance and support to less experienced team members.

Benefits

• Comprehensive health insurance and well-being programs
• Generous annual leave policy with additional paid time off
• Access to employee assistance and wellness programs
• Support for professional qualifications and memberships

Company Culture

• Integrity: We operate with integrity, ensuring transparency and honesty in all our dealings.
• Innovation: We embrace change and encourage creative thinking to improve our processes and services.
• Employee Well-being: Fostering a healthy work-life balance is paramount to our culture, ensuring our team thrives both personally and professionally.