Insurance Underwriter

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

Job Description

Join our team as an Insurance Underwriter, where you will focus on evaluating potential customers' risks and determining suitable coverage options. You will collaborate closely with brokers and clients, providing exceptional service while maintaining underwriting integrity and profitability.

Responsibilities

  • Evaluate and process insurance applications efficiently.
  • Provide recommendations for policy adjustments based on risk assessments.
  • Collaborate with the sales team to develop tailored insurance solutions.
  • Conduct regular reviews of existing policies for renewals and adjustments.
  • Stay updated with industry trends and regulatory changes.
  • Assist in the development and implementation of underwriting guidelines.
  • Foster a team environment that encourages open communication and innovation.

Requirements

Education
  • Bachelor's degree in Business Administration or related field
Experience
  • 3-5 years of experience in a similar underwriting role
Technical Skills
  • Policy Knowledge
Soft Skills
  • Negotiation Skills
Certifications
  • Advanced Insurance Underwriting Certification
Languages
  • English: Fluent

Advantageous

  • Experience with underwriting software systems: Familiarity with tools and software used in insurance underwriting.
  • Knowledge of actuarial principles: Understanding of the actuarial processes and how they relate to underwriting.

Benefits

  • Competitive salary with performance bonuses
  • Comprehensive health insurance
  • Generous annual leave policy
  • Pension scheme with company contributions

Company Culture

  • Innovation: We encourage innovative thinking and value individuals who bring new ideas to the table.
  • Collaboration: Teamwork is a core value, and we work together to achieve common goals.
  • Integrity: We uphold the highest standards of integrity in every action we take.
Status: Closed