Insurance Underwriter

Leeds FULL TIME £35,000 - £50,000 / Year
(£2,916 - £4,167 / Month)

Job Description

We are seeking an Insurance Underwriter to join our dynamic team in Leeds. The ideal candidate will be responsible for evaluating insurance applications, assessing risks, and determining appropriate coverage terms. Strong analytical skills are a must, along with the ability to make informed decisions quickly.

Responsibilities

  • Conduct thorough evaluations of insurance applications.
  • Collaborate with sales teams to facilitate effective client communication.
  • Utilise data analytics tools to improve risk assessment accuracy.
  • Participate in continuous training and professional development.
  • Engage in market research to support product enhancement efforts.
  • Provide guidance and mentorship to junior underwriters.

Requirements

Education
  • Bachelor's degree in a related field is essential
  • Master's degree in Insurance or Risk Management is advantageous
Experience
  • 5+ years of experience in underwriting across various sectors
Technical Skills
  • Insurance Regulations Knowledge
  • Data Analysis Tools
Soft Skills
  • Decision-Making
  • Relationship Management
Certifications
  • Fellow of the Chartered Insurance Institute (FCII)
  • Diploma in Insurance (Dip CII)
Languages
  • English: Fluent

Advantageous

  • Advanced knowledge of underwriting software: Experience with industry-standard underwriting tools is advantageous.
  • Professional networking experience: Established connections within the insurance industry can be beneficial.

Benefits

  • Attractive salary package including a performance-related bonus.
  • Health insurance covering medical, dental, and vision.
  • Employee assistance programme focused on wellbeing.
  • Opportunities for career development and training.

Company Culture

  • Continuous Improvement: We are dedicated to ongoing professional development for all employees.
  • Respect and Integrity: We uphold the highest standards of integrity in our dealings with clients and each other.
  • Community Focused: We actively participate in community service and encourage our staff to do the same.
Status: Closed