Open roleExternal
Remote Insurance Underwriter
- newcastle upon tyne, tyne and wear, NE1 4EG, United Kingdom
- Permanent·Remote
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is seeking a meticulous and analytical Remote Insurance Underwriter to join their established team, working entirely from home. You will be responsible for assessing and evaluating insurance applications, determining risk exposure, and deciding whether to accept, modify, or decline coverage. This role is crucial in ensuring the profitability and stability of the company's insurance portfolio by making informed underwriting decisions based on comprehensive data analysis and risk assessment principles. You will collaborate with brokers and agents to facilitate business growth while managing risk effectively in a fully remote setting.
Key Responsibilities
- Assess and analyze insurance applications to determine risk factors and eligibility for coverage.
- Set appropriate premium rates and terms based on risk assessment and company guidelines.
- Develop and maintain strong relationships with brokers and agents to support business development.
- Stay informed about market trends, regulatory changes, and competitor activities.
- Utilize underwriting systems and tools to process applications efficiently and accurately.
- Collaborate with internal teams, including claims and actuarial, to share insights and best practices.
Requirements
- Proven experience as an Insurance Underwriter in a specific line of business (e.g., property, casualty, life).
- Strong analytical and decision-making skills with a keen eye for detail.
- Excellent understanding of insurance principles, risk management, and regulatory compliance.
- Proficiency in underwriting software and standard business applications.
- Ability to work independently and manage a remote workload effectively.
Benefits
- Competitive salary commensurate with experience.
- Fully remote work arrangement , providing ultimate flexibility and work-life balance.
- Comprehensive health, dental, and vision insurance plans.
- Generous annual leave and company holidays.
- Opportunities for continuous learning and professional certifications.