Senior Insurance Underwriter

About the Role

Our client is seeking an experienced Senior Insurance Underwriter to join their dynamic team in Leicester . In this pivotal role, you will be responsible for assessing and evaluating risks associated with insurance applications, making informed decisions on policy terms, and pricing to ensure profitability and compliance. You will contribute to the strategic growth of the underwriting function by applying your deep knowledge of insurance principles and market trends. This position offers a unique opportunity to influence underwriting strategy, mentor junior underwriters, and work within a supportive environment that encourages professional development and collaboration, directly impacting the company's financial success.

Key Responsibilities

• Analyze and assess complex insurance risks across various portfolios, ensuring adherence to company guidelines and regulatory requirements.
• Determine appropriate policy terms, conditions, and pricing structures to balance risk and profitability.
• Develop and maintain strong relationships with brokers and agents, providing expert advice and support.
• Collaborate with claims and actuarial departments to refine underwriting strategies and product offerings.
• Mentor and train junior underwriting staff, fostering a culture of continuous learning and best practice.

Requirements

• Minimum of 5 years of experience in insurance underwriting , with a strong understanding of risk assessment methodologies.
• Proven track record of making sound underwriting decisions and managing a profitable book of business.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills, with the ability to negotiate effectively with stakeholders.
• Relevant professional qualifications or certifications in insurance (e.g., ACII) are highly desirable.

Benefits

• Competitive annual salary and performance-based bonuses.
• Hybrid working model offering flexibility between office and home.
• Comprehensive private medical insurance and pension scheme.
• Generous holiday allowance and opportunities for professional development.
• A vibrant and collaborative work culture with clear career progression paths.