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Insurance Risk Assessor
- wolverhampton, west midlands, WV1 1AA, United Kingdom
- Permanent·Hybrid
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is seeking a meticulous and insightful Insurance Risk Assessor to join their analytical team, operating on a hybrid model from our Wolverhampton office. This role is fundamental in evaluating potential risks associated with insurance applications, ensuring that the company's exposure is managed effectively and profitability is maintained. You will work closely with underwriters and other departments to provide critical risk assessments that inform underwriting decisions. This is a key position within the West Midlands insurance landscape, offering significant impact and career development.
Key Responsibilities
- Analyze and assess the risk profile of insurance applications across various lines of business.
- Utilize data, industry knowledge, and risk assessment tools to determine the likelihood and potential impact of insured events.
- Collaborate with underwriters to provide clear recommendations on risk acceptance, pricing, and terms.
- Stay updated on industry trends, regulatory changes, and emerging risks that may affect the insurance portfolio.
- Contribute to the development and refinement of risk assessment methodologies and tools.
Requirements
- Proven experience in risk assessment, underwriting support, or a related analytical role within the insurance industry.
- Strong analytical skills with the ability to interpret complex data and financial information.
- Excellent understanding of risk management principles and techniques.
- Proficiency in risk assessment software and standard office productivity tools.
- Effective communication and report-writing skills, with the ability to articulate risk findings clearly to stakeholders in Wolverhampton .
Benefits
- Competitive salary and annual bonus potential.
- Hybrid work arrangement offering a balance between office and remote work.
- Comprehensive health, dental, and vision insurance.
- Defined contribution pension scheme.
- Opportunities for professional development and achieving industry certifications.