Insurance Underwriter - Commercial Lines

About the Role

Our client is actively recruiting a skilled Insurance Underwriter specializing in commercial lines to join their established team in Coventry . This role is crucial for evaluating and selecting risks, determining appropriate policy terms, conditions, and pricing to achieve profitable growth. You will work closely with brokers and agents to understand their clients' needs and provide tailored insurance solutions. This is an excellent opportunity for an analytical professional to contribute significantly to the company's underwriting strategy and success in the competitive Coventry market.

Key Responsibilities

• Analyze and assess commercial insurance risks, ensuring compliance with underwriting guidelines and company appetite.
• Develop and maintain strong relationships with brokers and clients to foster new business opportunities.
• Determine appropriate policy terms, conditions, and pricing to ensure profitability and competitiveness.
• Underwrite a portfolio of commercial insurance business, including property, liability, and business interruption.
• Monitor the performance of the assigned book of business, identifying trends and recommending adjustments.
• Collaborate with claims and actuarial departments to share insights and improve underwriting practices.

Requirements

• Demonstrable experience (minimum 2-3 years) as an insurance underwriter, preferably within commercial lines.
• Strong understanding of commercial insurance products, market dynamics, and risk assessment principles.
• Excellent analytical, decision-making, and problem-solving abilities.
• Effective communication and negotiation skills, with the ability to build rapport with stakeholders.
• Relevant professional qualifications (e.g., CII) or a commitment to obtaining them.

Benefits

• Attractive annual salary reflecting your expertise and contribution.
• A structured training and development program to enhance your underwriting career.
• Comprehensive benefits package including health insurance and life cover.
• Contributory pension scheme and regular performance reviews.
• A collaborative and professional working environment in our Coventry office.