Open roleExternal
Senior Insurance Underwriter
- london, england, SW1A 0AA, United Kingdom
- Permanent·Hybrid
- Full time
- £65,000 - £65,000 Per Annum
Job Description
About the Role
Our client is seeking an experienced and analytical Senior Insurance Underwriter to join their dynamic team in London . This pivotal role involves assessing and pricing risk for a diverse portfolio of insurance products, ensuring profitability and adherence to company guidelines. You will play a crucial part in developing underwriting strategies, mentoring junior team members, and collaborating with brokers and agents to secure profitable business. This is an excellent opportunity to contribute to the strategic direction of our insurance operations, working within a market-leading firm that values expertise, collaboration, and professional growth.
Key Responsibilities
- Evaluate complex insurance applications, assess risks, and determine appropriate coverage terms and pricing.
- Develop and implement underwriting guidelines and strategies to achieve business objectives and profitability targets.
- Build and maintain strong relationships with brokers, agents, and clients to foster business growth.
- Mentor and train junior underwriters, providing guidance on risk assessment and decision-making.
- Monitor market trends, competitor activities, and regulatory changes to adapt underwriting approaches.
Requirements
- Minimum of 5 years of experience in insurance underwriting , with a strong focus on commercial lines.
- Proven track record of successfully managing a profitable underwriting portfolio.
- In-depth knowledge of insurance principles, relevant legislation, and risk management techniques.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong negotiation and communication abilities, with experience in client-facing interactions.
Benefits
- Competitive annual salary and performance-based bonus opportunities.
- Hybrid working model offering flexibility between office and remote work.
- Comprehensive health, dental, and vision insurance plans.
- Generous pension scheme and life assurance coverage.
- Continuous professional development and training opportunities within a supportive environment.