Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to join our dynamic team in Manchester. The ideal candidate will assess risk and determine insurance policy terms to ensure profitability while providing excellent customer service. Strong analytical skills and a keen eye for detail are essential for success in this role.

Responsibilities

• Assess client information and risk factors to make informed underwriting decisions.
• Collaborate with sales and marketing teams to understand product offerings.
• Review and optimize existing policy structures based on market research.
• Maintain strong relationships with agents and brokers to facilitate smooth transactions.
• Participate in training and development sessions to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Economics or a related field
• Professional designation is a plus

Experience

• 3-5 years in insurance underwriting or related experience

Technical Skills

• Insurance Principles
• Financial Modelling

Soft Skills

• Attention to Detail
• Negotiation Skills

Certifications

• Chartered Insurance Institute (CII) certification

Languages

• English: Fluent

Advantageous

• Experience in a specific market segment: Background in underwriting for specific industries like health, property, or life insurance.
• Knowledge of regulatory requirements: In-depth understanding of insurance regulations and compliance.

Benefits

• Generous pension scheme
• Paid time off for volunteering and community service
• Employee discounts on insurance products
• Support for continuing education and training

Company Culture

• Innovation: We encourage creativity and innovation, inspiring our team to think outside the box.
• Work-Life Balance: Our company promotes a healthy work-life balance, supporting employees' well-being.
• Community Engagement: We value giving back to the community and offer opportunities for employees to volunteer.