Insurance Underwriter

About the Role

Our client is seeking a meticulous and analytical Insurance Underwriter to join their established team based in Coventry . In this critical role, you will assess the risks associated with insurance applications, determine appropriate coverage, and set premiums to ensure profitability and manage exposure. You will play a key part in the underwriting process, making informed decisions that protect the company while providing valuable coverage to our clients. This position is ideal for a detail-oriented individual with a strong understanding of risk assessment and a commitment to upholding underwriting standards within a supportive office environment in the heart of the West Midlands .

Key Responsibilities

• Analyze insurance applications to assess risk exposure and eligibility for coverage.
• Determine appropriate policy terms, conditions, and premium rates based on risk assessment.
• Adhere to underwriting guidelines and company policies to ensure sound decision-making.
• Communicate effectively with agents and brokers to gather necessary information and explain underwriting decisions.
• Monitor the performance of underwritten policies and identify potential areas of concern or opportunity.
• Stay current with industry trends, regulatory changes, and market conditions affecting underwriting.

Requirements

• Previous experience in insurance underwriting, ideally within a specific line of business.
• Strong analytical and critical thinking skills with excellent attention to detail.
• Good understanding of risk management principles and insurance principles.
• Effective communication and negotiation abilities.
• Proficiency with underwriting software and systems.
• A degree in business, finance, or a related field is advantageous.

Benefits

• Competitive starting salary with regular performance reviews.
• Full spectrum of benefits including medical, dental, and life insurance.
• Company pension scheme and potential for profit sharing.
• Access to ongoing training and professional development programs.
• A structured and supportive work environment in Coventry .