Insurance Underwriter

Leicester Full-time £30,000 - £45,000 / Year
(£2,500 - £3,750 / Month)

Job Description

Join our team as an Insurance Underwriter, where you'll assess risks and establish coverage terms for applicants. Your expertise will be vital in ensuring fair and accurate underwriting processes in a fast-paced environment.

Responsibilities

  • Assess complex risk scenarios to identify potential issues and recommend solutions.
  • Collaborate with peers to streamline underwriting processes and improve efficiency.
  • Educate clients on coverage options and underwriting criteria.
  • Review existing policies for renewal and adjust as necessary based on risk changes.
  • Participate in training and development sessions to enhance underwriting skills.

Requirements

Education
  • Bachelor's degree in a relevant field
  • CII Advanced Diploma in Insurance is preferred
Experience
  • 5+ years of underwriting experience is desirable
Technical Skills
  • Underwriting Software Proficiency
  • Statistical Analysis
Soft Skills
  • Attention to Detail
  • Negotiation
Certifications
  • CII qualifications
  • Fellowship of the Chartered Insurance Institute (FCII) is advantageous
Languages
  • English: Fluent

Advantageous

  • Advanced Excel skills: Strong skills in Excel for data analysis and reporting.
  • Familiarity with claims processing: Experience in understanding the claims process and its implications for underwriting.

Benefits

  • Generous annual leave allowance
  • Employee assistance programmes
  • Professional membership fees covered
  • Work-life balance initiatives

Company Culture

  • Innovation in Underwriting: We embrace innovative solutions and approaches to underwriting challenges.
  • Team Collaboration: Collaborative work and team spirit are key elements of our company culture.
  • Employee Recognition: We recognize and celebrate the contributions of our employees to the company’s success.
Status: Closed