Insurance Underwriter

Job Description

We are currently seeking a detail-oriented Insurance Underwriter to manage the assessment of insurance applications. Successful candidates will be able to analyse risks and provide recommendations based on their findings.

Responsibilities

• Review and analyse insurance applications to assess risk levels.
• Develop strong relationships with clients and brokers to ensure clarity in policy terms.
• Utilise underwriting software to streamline application evaluations.
• Respond promptly to queries from clients and staff to support quick decision-making.
• Ensure compliance with current regulations and insurance laws.
• Participate in team meetings to share best practices in underwriting.
• Prepare reports and presentations on underwriting performance metrics.
• Identify new business opportunities through strong client relations.

Requirements

Education

• Bachelor's degree in Finance, Economics, or a similar field
• Professional underwriting qualifications are an advantage

Experience

• 3+ years of experience in underwriting or relevant area

Technical Skills

• Risk Evaluation
• Insurance Market Knowledge

Soft Skills

• Critical Thinking
• Client Relationship Management

Languages

• English: Fluent

Advantageous

• Familiarity with actuarial principles: Understanding of basic actuarial concepts and how they relate to insurance underwriting.
• Experience with advanced underwriting tools: Hands-on experience with tools that enhance the underwriting process.

Benefits

• Competitive salary and performance bonuses
• Generous holiday allowance
• Pension scheme with employer contributions
• Professional development opportunities

Company Culture

• Teamwork: We value collaboration and teamwork to achieve our goals.
• Innovation: We encourage innovation and creative ideas to enhance our services.
• Continuous Improvement: We seek to improve continuously and welcome feedback.