Insurance Underwriter

5 days ago


South East England, United Kingdom Superscript Full time
Commercial Underwriter Role

At Superscript, we're seeking a skilled Commercial Underwriter to join our team. As a key member of our underwriting team, you'll play a crucial role in evaluating and analysing insurance applications for SMEs.

Key Responsibilities:
  • Evaluate and assess risk associated with underwriting policies to ensure they meet Superscript's risk appetite.
  • Collaborate with brokers and stakeholders to develop customised insurance solutions for SME clients.
  • Review financial statements, industry classifications, loss history, and other relevant data to determine risk levels and premium pricing.
  • Underwrite new and renewal SME commercial insurance policies in line with company guidelines and regulatory requirements.
  • Approve or decline insurance applications based on risk assessment, underwriting guidelines, and company policy.
  • Monitor and manage the performance of the SME insurance portfolio to ensure profitability and growth.
  • Adjust underwriting strategies based on market trends, loss ratios, and emerging risks.
Requirements:
  • 3-5 years experience in commercial underwriting, preferably within the UK SME market.
  • Experience with various lines of business, including commercial combined, property & liability.
  • Strong analytical and numerical skills, with the ability to assess risk and make informed decisions.
  • Proficiency in underwriting software and tools.
  • High level of accuracy and attention to detail, particularly in documentation and data analysis.
What We Offer:
  • A competitive salary and the opportunity to grow your career at a leading Insurtech.
  • 25 days holiday, allowing for a great work-life balance.
  • Hybrid working arrangements for flexibility.
  • Vitality private health and dental insurance.
  • A great pension scheme.
  • Access to Spill, our mental health platform.
  • A cycle to work scheme.
  • The latest Apple tech gear and equipment.
  • A fun, modern, and informal office environment with regular team social events.


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