Commercial Insurance Underwriter
4 weeks ago
NFU Mutual's Head Office Underwriting Department is seeking an experienced professional to join their team as an Engineering Insurance Underwriter. This is an exciting opportunity to shape the company's engineering insurance strategy and further your career in a varied and rewarding role.
Key Responsibilities:- Develop and recommend underwriting strategies for NFU Mutual's Engineering Insurance offering, establishing rules, terms, and risk features to achieve profit and growth objectives.
- Work with the Propositions department and other key stakeholders to set growth targets and define risk appetite.
- Translate underwriting appetite into workable rules, processes, and communications for NFU Mutual Agents and Underwriters.
- Review and provide expert judgement on risk rates to ensure rates and rating logic are informed with deep insurance and market knowledge.
- Significant experience in Underwriting or Brokerage, preferably in Engineering Breakdown Insurance.
- Strong knowledge of the Engineering Insurance market and excellent understanding of factors influencing its performance.
- High level of data literacy and ability to translate data into actionable insights.
- Annual bonus (up to 20% of salary)
- Contributory pension scheme (up to 20%, including 8% employee contribution)
- 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
- Family Friendly policy
- Access to savings at High Street brands, travel, and supermarkets
- £20 contribution to monthly gym membership (subject to T&Cs)
- Health and wellbeing plan
- Employee Volunteering scheme
- Unlimited access to Refer a Friend £500 bonus scheme
- Life Assurance cover of 4 x salary
- Employee discounts on NFU Mutual insurance policies
NFU Mutual is a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory, and welcomes applications from people of all backgrounds.
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