Overview
We are seeking a detail-oriented and analytical Underwriter to join our dynamic team. The successful candidate will be responsible for assessing risk and determining the terms of insurance policies, ensuring alignment with company standards and regulatory requirements. This role offers an excellent opportunity for individuals with strong judgement skills and a keen eye for detail to contribute to our organisation’s success. The position is paid and suitable for candidates eager to develop their expertise within the insurance industry.
Duties
- Evaluate insurance applications by analysing relevant financial, personal, and business information
- Assess risk factors associated with potential clients and determine appropriate policy terms and conditions
- Review and interpret underwriting guidelines, policies, and regulatory standards to ensure compliance
- Collaborate with brokers, agents, and other stakeholders to gather additional information or clarify application details
- Prepare detailed reports summarising risk assessments and underwriting decisions
- Maintain accurate records of all underwriting activities within the organisation’s systems
- Stay informed about industry trends, market conditions, and changes in legislation that may impact underwriting practices
- Assist in the development of new underwriting policies or procedures to improve efficiency and risk management
Qualifications
- Proven experience in underwriting or a related role within the insurance sector is preferred
- Strong analytical skills with the ability to interpret complex data accurately
- Excellent organisational skills with attention to detail
- Good communication skills, both written and verbal, for effective collaboration with team members and external partners
- Familiarity with underwriting software and Microsoft Office applications
- Knowledge of relevant regulations, standards, and best practices in insurance underwriting
- A qualification such as the Chartered Insurance Institute (CII) certification or equivalent is advantageous but not essential
- Ability to work independently whilst contributing effectively within a team environment
This role offers a rewarding career path for motivated individuals seeking to specialise in underwriting within a professional setting.
Pay: From £33,000.00 per year
Work Location: In person
