Open roleExternal
Commercial Underwriter
- coventry, west midlands, CV1 2DL, United Kingdom
- Permanent·On-site
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is actively seeking a skilled Commercial Underwriter to join their established team in Coventry . In this vital role, you will be responsible for evaluating and pricing commercial insurance risks, making informed decisions to accept, reject, or modify applications. You will play a key part in managing the profitability and growth of the company's commercial portfolio by applying your analytical expertise and market knowledge. This position in Coventry offers a fantastic opportunity for a motivated individual to contribute to business success and develop their career within a reputable insurance firm.
Key Responsibilities
- Assess and underwrite new and renewal commercial insurance applications, analyzing risks and determining appropriate coverage and pricing.
- Develop and maintain strong relationships with brokers and intermediaries, providing clear underwriting guidance and support.
- Monitor the performance of your assigned book of business, identifying opportunities for growth and risk mitigation.
- Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
- Contribute to the development of new underwriting strategies and product enhancements.
Requirements
- Demonstrable experience in commercial insurance underwriting, preferably across multiple lines of business.
- Strong understanding of risk assessment techniques, financial analysis, and insurance market dynamics.
- Excellent decision-making skills, coupled with robust analytical and problem-solving capabilities.
- Effective communication and negotiation skills, essential for broker and client interactions.
- Relevant professional qualifications, such as those from the Chartered Insurance Institute (CII), are advantageous.
Benefits
- Competitive salary package commensurate with experience.
- Structured career progression pathways and continuous professional development opportunities.
- Comprehensive private medical insurance and life assurance.
- Company pension scheme with generous employer contributions.
- A supportive and collaborative work environment fostering professional growth in Coventry .