Insurance Underwriter

About the Role

Our client is looking for a skilled Insurance Underwriter to join their fully remote team, serving the Birmingham, West Midlands region. In this role, you will be responsible for assessing and pricing insurance risks, determining coverage, and developing terms and conditions that align with the company's underwriting philosophy and profitability goals. You will play a crucial part in the growth and stability of the insurance portfolio by making informed decisions based on detailed risk analysis. This position is ideal for a professional who excels in a remote environment, possesses strong analytical capabilities, and can effectively manage a diverse book of business independently.

Key Responsibilities

• Analyze insurance applications, assessing risks and determining the insurability of applicants based on established guidelines.
• Calculate premiums and set policy terms and conditions to ensure profitability and competitive positioning.
• Develop and maintain strong relationships with brokers and agents, providing underwriting expertise and support.
• Stay abreast of industry trends, regulatory changes, and market conditions that may impact underwriting decisions.
• Collaborate with claims and actuarial departments to refine underwriting strategies and pricing models.
• Utilize underwriting software and tools to process applications and manage policy renewals efficiently.

Requirements

• Minimum of 3 years of experience in insurance underwriting , preferably in commercial or personal lines.
• Solid understanding of risk assessment, financial analysis, and insurance principles.
• Excellent decision-making and negotiation skills.
• Strong proficiency in underwriting systems and data analysis tools.
• Ability to work autonomously and manage a workload effectively in a remote setting .

Benefits

• Competitive salary and potential for performance-based bonuses.
• Fully remote work arrangement with a provided home office stipend.
• Comprehensive benefits package including medical, dental, and vision insurance.
• Opportunities for advanced training and professional development in underwriting.
• A collaborative remote culture with regular virtual team meetings and support.