Insurance Underwriter

About the Role

Our client is seeking a meticulous and analytical Insurance Underwriter to join their established team in Coventry . In this critical role, you will assess and price insurance risks, making informed decisions to accept or decline proposals based on comprehensive risk evaluation. You will work closely with brokers and agents to ensure profitable underwriting performance while maintaining competitive market offerings. This position is integral to the financial health of the company, requiring sharp commercial acumen and a deep understanding of the insurance landscape. Join a company that values expertise and offers a clear path for career progression within the underwriting division.

Key Responsibilities

• Analyze insurance applications and associated documentation to assess risk exposure.
• Determine appropriate premium rates and terms based on risk assessment and company guidelines.
• Develop and maintain strong relationships with brokers, agents, and clients to understand their needs and market trends.
• Monitor underwriting performance and identify areas for improvement in risk selection and pricing strategies.
• Stay abreast of industry developments, regulatory changes, and emerging risks that may impact underwriting decisions.
• Collaborate with claims and actuarial departments to ensure consistency and profitability across the portfolio.

Requirements

• Experience in insurance underwriting , preferably within a specific line of business (e.g., property, casualty, liability).
• Strong analytical and quantitative skills, with the ability to interpret complex data.
• Excellent decision-making capabilities and commercial judgment.
• Effective communication and negotiation skills for interacting with stakeholders.
• Proficiency in underwriting software and standard office applications.
• A relevant professional qualification (e.g., ACII) is a significant advantage.

Benefits

• A competitive salary package commensurate with experience.
• Comprehensive health, dental, and vision insurance plans.
• Access to a company car or car allowance.
• Company-matched pension scheme and life assurance.
• Significant opportunities for professional development and further qualifications.