Remote Insurance Underwriter

About the Role

Our client is looking for a detail-oriented and analytical Remote Insurance Underwriter to join their expanding team, operating remotely from Newcastle upon Tyne . In this role, you will assess the risk associated with insurance applications, making informed decisions on policy acceptance, pricing, and terms. You will utilize your expertise to analyze complex data, understand market trends, and ensure profitability while adhering to underwriting guidelines. This position is ideal for an experienced underwriter seeking a fully remote role where they can leverage their skills in a flexible, home-based environment, contributing to the strategic growth of the company.

Key Responsibilities

• Evaluate insurance applications to assess risks and determine insurability.
• Set appropriate premium rates and policy terms based on risk assessment and market conditions.
• Analyze financial statements, medical reports, and other relevant documentation.
• Communicate effectively with brokers, agents, and internal stakeholders regarding underwriting decisions.
• Stay updated on industry trends, regulatory changes, and competitor activities.
• Maintain accurate records of underwriting decisions and policy details within the company's systems.

Requirements

• Minimum of 3 years' experience as an Insurance Underwriter .
• Strong understanding of insurance principles, risk assessment, and financial analysis.
• Proficiency in using underwriting software and databases.
• Excellent analytical and decision-making capabilities.
• Effective communication and interpersonal skills, suitable for a remote role.
• Relevant professional qualifications (e.g., ACII) are highly desirable.

Benefits

• Competitive annual salary, reflecting your expertise.
• Fully remote working arrangement, providing ultimate flexibility.
• Comprehensive benefits package including health and life insurance.
• Generous pension scheme.
• Support for continuous professional development and certifications.