Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our Edinburgh team. The ideal candidate will possess strong analytical skills and the ability to assess risks associated with insurance applications. You will play a crucial role in evaluating policies and making informed decisions to ensure profitability while offering clients the coverage they need.

Responsibilities

• Implement underwriting policies and procedures to mitigate risk.
• Analyse loss trends and adjust underwriting strategies accordingly.
• Participate in team meetings to discuss underwriting challenges and solutions.
• Support claims staff by providing necessary documentation and insights.
• Contribute to market research efforts to stay competitive.
• Monitor regulatory changes affecting underwriting practices.
• Document and maintain thorough records of underwriting decisions.

Requirements

Education

• Degree in Actuarial Science or equivalent
• Further qualifications in ORM (Operational Risk Management) are an asset

Experience

• 5+ years of experience in insurance underwriting

Technical Skills

• Financial Analysis
• Market Research

Soft Skills

• Teamwork
• Problem-solving

Certifications

• CPCU (Chartered Property Casualty Underwriter)

Languages

• English: Fluent

Advantageous

• Knowledge of the UK insurance market: Familiarity with the nuances of the UK insurance industry.
• Project management skills: Ability to manage multiple projects and deadlines effectively.

Benefits

• Flexible working hours and potential for remote work
• Regular team-building events and training sessions
• Access to wellness programs and health resources
• Annual performance reviews with salary adjustments

Company Culture

• Collaborative Atmosphere: Fostering collaboration among teams to achieve common goals.
• Work-Life Balance: We prioritise our employees' well-being by promoting a healthy work-life balance.
• Employee Recognition: We celebrate the achievements and contributions of our team members.