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Remote Commercial Underwriter
- newcastle upon tyne, tyne and wear, NE1 4HE, United Kingdom
- Permanent·Remote
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is looking for a highly analytical and diligent Remote Commercial Underwriter to join their expanding team. Operating entirely remotely, you will be responsible for assessing and managing commercial insurance risks, making informed decisions on policy applications to ensure profitability and adherence to underwriting guidelines. This role is crucial for the company's growth, requiring a sharp eye for detail and a robust understanding of the commercial insurance landscape. You will work autonomously, supported by a collaborative virtual team, contributing directly to the strategic direction of our underwriting operations from your home office.
Key Responsibilities
- Analyze commercial insurance applications, assessing risks and determining appropriate policy terms, conditions, and pricing.
- Develop and maintain strong relationships with brokers and agents, providing expert underwriting advice and support.
- Ensure all underwriting decisions comply with company standards, regulatory requirements, and profitability targets.
- Monitor portfolio performance, identifying trends and recommending adjustments to underwriting strategies.
- Utilize various data sources and analytical tools to evaluate risk exposures effectively.
- Contribute to the development and refinement of underwriting guidelines and best practices.
Requirements
- Demonstrable experience as a Commercial Underwriter within the insurance industry.
- Strong understanding of commercial insurance products, market dynamics, and risk assessment principles.
- Excellent analytical, problem-solving, and decision-making skills.
- Proficiency with underwriting software and data analysis tools.
- Ability to work independently and manage workload effectively in a remote setting.
Benefits
- Competitive annual salary with potential for bonuses.
- Fully remote working arrangement, offering exceptional flexibility and work-life balance.
- Comprehensive private medical insurance and wellness programs.
- Generous pension contribution and life assurance.
- Access to continuous professional development and training resources.