Insurance Underwriter

Job Description

As an Insurance Underwriter, you'll be responsible for assessing risk and determining insurance coverage. Your expertise will inform our clients’ insurance needs and help safeguard their assets. Join us to contribute to a vital industry while working in a supportive environment.

Responsibilities

• Conduct thorough assessments of insurance applications.
• Prepare detailed reports justifying underwriting decisions.
• Mentor and support team members in underwriting practices.
• Engage in continuous learning to stay informed on market trends.
• Respond promptly to queries from clients and brokers.
• Evaluate the effectiveness of existing underwriting processes.
• Participate in strategic planning sessions.
• Support risk management initiatives.
• Maintain high standards of accuracy in documentation.
• Provide insights during annual audits.

Requirements

Education

• Bachelor's degree in Risk Management or Insurance
• Master's degree preferred

Experience

• 5+ years of experience in underwriting or risk assessment

Technical Skills

• Underwriting Software
• Financial Acumen

Soft Skills

• Team Leadership
• Problem-Solving

Certifications

• Chartered Insurance Institute (CII) qualification

Languages

• English: Fluent

Advantageous

• Advanced Excel proficiency: Strong skills in Excel for financial modelling and data analysis.
• Knowledge of regulatory compliance: Understanding of compliance requirements relevant to the insurance industry.

Benefits

• Health insurance and wellness program
• Pension scheme with employer contributions
• Access to employee assistance programmes
• Discounts on company products and services
• Support for professional certifications and education

Company Culture

• Innovation: Encouraging innovative thinking to improve our services and processes.
• Teamwork: We believe in teamwork and collaboration to achieve common goals.
• Transparency: Promoting transparency within our organization to build trust and accountability.