Insurance Underwriter

About the Role

Our client is seeking a diligent and analytical Insurance Underwriter to join their team in Coventry . This hybrid role offers the best of both worlds, combining the collaborative energy of office-based work with the flexibility of remote working. You will be responsible for assessing and managing insurance risks, ensuring that policies are priced appropriately and that the company remains profitable. This position requires a keen eye for detail, strong decision-making skills, and the ability to interpret complex data to make sound underwriting judgments. You will work closely with brokers and the sales team to provide timely and accurate underwriting decisions.

Key Responsibilities

• Analyze applications for insurance policies, assessing risks and determining terms, conditions, and premiums.
• Review and interpret financial statements, loss histories, and other relevant data to make informed underwriting decisions.
• Develop and maintain strong relationships with brokers and clients, providing expert advice on underwriting matters.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company standards.
• Collaborate with claims and actuarial departments to refine underwriting strategies and product offerings.
• Contribute to the profitability and growth of the company by selecting profitable business and managing risk effectively.

Requirements

• Proven experience as an Insurance Underwriter , preferably within the UK market.
• Strong understanding of insurance principles, risk assessment, and financial analysis.
• Excellent analytical and decision-making skills, with a methodical approach to problem-solving.
• Proficiency in underwriting software and standard office applications.
• Effective communication and negotiation skills, capable of liaising with internal teams and external partners.
• A relevant degree or professional qualification in insurance, finance, or a related field is advantageous.

Benefits

• Competitive salary and performance-based bonus opportunities.
• Hybrid working model balancing office and remote work.
• Comprehensive health and wellness programs.
• Generous annual leave allowance.
• Opportunities for continuous professional development and career progression in the insurance industry.