Underwriting Specialist

About the Role

Our client is seeking a highly analytical and diligent Underwriting Specialist to join their established insurance team based in Birmingham . In this role, you will assess and manage insurance risk, making critical decisions on policy applications to ensure profitability and compliance. You will work closely with agents and brokers to understand client needs and provide expert advice on coverage options. This is an exciting opportunity to become a key player in risk assessment within a supportive and professional setting, contributing directly to the company's underwriting success and strategic growth initiatives.

Key Responsibilities

• Evaluate insurance applications, assess risks, and determine appropriate coverage and premiums.
• Adhere to underwriting guidelines, company policies, and regulatory requirements.
• Communicate effectively with insurance agents and brokers to gather information and explain underwriting decisions.
• Analyze financial data, loss history, and other relevant information to make informed risk assessments.
• Monitor the performance of the assigned portfolio and recommend adjustments as needed.
• Stay current with industry trends, market changes, and evolving risk factors.

Requirements

• Bachelor's degree in Finance, Business, or a related field, or equivalent experience.
• Demonstrated experience in insurance underwriting, preferably in (specific insurance line, e.g., commercial lines).
• Strong analytical and decision-making abilities.
• Excellent interpersonal and communication skills for effective collaboration.
• Knowledge of risk management principles and insurance products.

Benefits

• Competitive annual salary.
• Structured career progression pathways within the company.
• Comprehensive health and wellness benefits package.
• Generous holiday allowance and company pension scheme.
• Access to ongoing training and professional development resources.