![SAGIC](https://media.trabajo.org/img/noimg.jpg)
Underwriter
2 weeks ago
Sagic is an ethical insurer, founded in 1909 and based in Chelmsford. The company by way of gift aid, donates profit to its charitable parent company, The Salvation Army Trustee Company.
SAGIC is looking to recruit an underwriter to join the Underwriting Team.
Reporting to the Head of Underwriting your duties will include:
- Evaluate and underwrite new business, MTA’s and renewals, ensuring compliance with underwriting policies, authority and regulatory requirements
- Analyse risk factors, exposure, loss history, and external data reports to determine appropriate coverage and premium rates
- Communicate effectively with brokers and the customer services team, providing guidance, feedback, and support on our insurance products and services
- Contribute to managing and maintaining a portfolio of accounts, monitoring performance, profitability, and retention
- Contribute to identifying new business opportunities
- Collaborate with other underwriters and claims to share best practices, and resolve complex issues and referrals
- Work with claims to resolve Underwriting referrals within agreed SLA’s
- Contribute towards overall profitability of the business
- Carry out regular audit of brokers and direct business, providing feedback and follow up actions arising from any issues found
- Stay updated on market trends, competitors, and regulatory changes affecting the insurance industry
About you:
- Underwriting knowledge and experience
- Show initiative and a proactive attitude
- Communicate effectively with colleagues and broker partners
- Make sound and ethical decisions
- Maintain a positive and solution-oriented mindset
- Demonstrate passion for learning and development
- Commit to pursuing and advancing CII qualifications
- Good working knowledge of Microsoft Excel/Word
- Educated to A - Level standard
Pay: £27,000.00-£32,000.00 per year
**Benefits**:
- Company pension
- Employee discount
- Private medical insurance
Schedule:
- Monday to Friday
Supplemental pay types:
- Yearly bonus
**Experience**:
- Underwriting: 1 year (required)
Work Location: Hybrid remote in Chelmsford
Application deadline: 10/05/2024
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