Technical Underwriter
4 weeks ago
About the Role
NFU Mutual's Head Office Underwriting Department is seeking an experienced professional to join their team as an Engineering Insurance Underwriter on a 12-month Fixed Term Contract basis. This role has the potential to become permanent for the right candidate.
The ideal candidate will have a wealth of Underwriting or Broker experience in Engineering Breakdown Insurance, with strong technical knowledge and excellent communication skills. They will be proactive, with a keen sense of initiative and the ability to establish and maintain impactful working relationships.
The successful candidate will be responsible for recommending and developing the underwriting strategy for NFU Mutual's Engineering Insurance offering, establishing appropriate rules, terms, and risk features. They will work closely with the Propositions department and other key stakeholders to help set the parameters of growth targets and define risk appetite.
The role will also involve:
- Translating underwriting appetite into workable rules, processes, and communications for use by NFU Mutual Agents and Underwriters.
- Reviewing and providing expert judgement to risk rates to ensure rates and rating logic are informed with deep insurance and market knowledge.
- Collating and analysing management information to identify opportunities for improving the underwriting strategy.
Please note that the role is internally known as Class Underwriter – Line of Business.
About the Company
NFU Mutual is one of the UK's leading general insurance and financial services companies. We pride ourselves on being a great place to work, with a supportive culture that empowers and inspires our people to perform. We offer a range of benefits and rewards, including a competitive salary, annual bonus, contributory pension scheme, and access to savings at High Street brands.
We are committed to being a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory, and welcome applications from people of all backgrounds.
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