You will be responsible for assessing and managing risks for commercial insurance policies, ensuring profitable underwriting decisions while maintaining strong broker and client relationships.
Key Responsibilities:
- Evaluate, assess, and underwrite commercial property and liability insurance risks in accordance with company policies and guidelines.
- Analyse financial and risk information to determine different terms, conditions, and pricing.
- Develop and maintain strong relationships with brokers, agents, and clients to drive business growth and retention.
- Review and interpret insurance applications, policy endorsements, and renewals.
- Negotiate policy terms and conditions with brokers while ensuring adherence to underwriting principles.
- Collaborate with internal teams, including claims and risk management, to ensure a comprehensive approach to underwriting decisions.
- Monitor and manage a portfolio of accounts, ensuring compliance with underwriting standards and profitability targets.
Key Requirements:
- Proven experience working in in commercial underwriting, preferably within an insurance company or brokerage.
- Strong knowledge of underwriting principles, risk assessment, and pricing methodologies would be advantageous but not necessary.
- Familiarity with insurance regulations and compliance requirements.
- Excellent analytical and decision-making skills with the ability to assess complex risks.
- Strong negotiation and relationship management skills.
- Proficiency in underwriting software and Microsoft Office applications.
- Ability to work independently and collaboratively in a fast-paced environment.
- Professional qualifications of CIP (or working towards it) would be advantageous.
Benefits:
- Competitive salary and performance-based bonus.
- Comprehensive benefits package, including pension, healthcare, and wellness programs.
- Opportunities for career progression and professional development.
- Hybrid working model (if applicable).
If you are a skilled underwriter looking for a new challenge in a dynamic and growing team, we would love to hear from you.
