Senior Insurance Underwriter

About the Role

Our client is seeking an experienced and highly analytical Senior Insurance Underwriter to join their dynamic, fully remote team. In this crucial role, you will evaluate and assess the risk associated with insurance applications, determining the terms, conditions, and pricing for policies. You will leverage your deep understanding of underwriting principles and market trends to make informed decisions that balance risk and profitability. This position offers the opportunity to work from anywhere within the UK, collaborating with a distributed team of insurance professionals dedicated to maintaining the company's strong market position and commitment to excellent client service, all while embracing a flexible, remote-first working environment.

Key Responsibilities

• Analyze complex insurance applications, assessing risks and determining policy eligibility.
• Develop and apply underwriting guidelines, ensuring compliance with regulatory standards and company policies.
• Calculate premiums and establish appropriate terms and conditions for diverse insurance products.
• Collaborate with brokers and agents to gather necessary information and negotiate policy terms.
• Monitor market trends and competitor activities to inform underwriting strategies and pricing adjustments.
• Provide guidance and mentorship to junior underwriting staff on complex cases and best practices.

Requirements

• Minimum of 5 years of experience in insurance underwriting , with a focus on commercial lines.
• Proven track record of sound risk assessment and decision-making.
• In-depth knowledge of insurance law, regulations, and market dynamics.
• Strong analytical and problem-solving skills, with meticulous attention to detail.
• Excellent communication and negotiation abilities, essential for remote collaboration.
• Relevant professional qualifications such as ACII or equivalent are highly desirable.

Benefits

• Competitive annual salary with performance-based incentives.
• Comprehensive remote working setup support and a generous home office allowance.
• Private health insurance coverage and access to wellness programs.
• Company pension scheme with employer contributions.
• Significant opportunities for professional development and career advancement in a remote setting.