Insurance Risk Management Specialist
3 days ago
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, empowering our people to perform, offering opportunities for growth, and recognising their contribution.
Job OverviewWe are seeking an experienced Insurance Risk Management Specialist to join our team. As an Engineering Insurance Underwriter, you will play a key role in developing and implementing our underwriting strategy, ensuring that we meet our growth objectives while effectively managing insurance risk.
Salary and BenefitsThe salary for this position is £50,000 - £60,000 per annum, depending on skill set and experience. You will also be eligible for an annual bonus, contributory pension scheme, 25 days annual leave plus bank holidays, and access to various employee benefits, including discounts on insurance policies and health and wellbeing plans.
Key ResponsibilitiesYour primary responsibilities will include:
- Developing and implementing underwriting strategies to achieve profit and growth objectives;
- Establishing appropriate rules, terms, and risk features to manage insurance risk;
- Collaborating with stakeholders to review and provide expert judgement on risk rates;
- Analysing management information to identify opportunities for improving our underwriting strategy.
To be successful in this role, you will need:
- A wealth of underwriting or broker experience in Engineering Breakdown Insurance;
- A background in a head office function, showcasing strategic thinking and project management delivery;
- Strong knowledge of the Engineering Insurance market and excellent understanding of factors influencing its performance;
- Negotiation skills, influencing abilities, and experience collaborating with stakeholders;
- Effective communication style and ability to present information to different audiences;
- High level of data literacy and ability to translate data into actionable insights.
We welcome applications from professionals with a passion for insurance risk management and a drive to succeed in a dynamic environment. If you are looking for a challenging and rewarding role that offers opportunities for growth and development, we encourage you to apply.
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