Expert Inherent Defects Specialist

4 weeks ago


Manchester, United Kingdom The Huntsman Group Full time

We are seeking a talented Expert Inherent Defects Specialist to join our team in Manchester. This exciting opportunity will allow you to expand your expertise and make a real impact in the field of insurance underwriting.

As an Expert Inherent Defects Specialist, you will be responsible for technical underwriting, policy wordings, and contractual documentation. You will play a key role in driving improvements in quality and current practices, ensuring all legal, regulatory, and compliance requirements are met.

You will deliver top-notch internal technical underwriting services by evaluating and analysing applications to determine risk levels and cover limits. You will also use data analytics to identify patterns, trends, and areas for improvement in underwriting processes and pricing.

Collaboration with the claims department is essential to review and analyse claims data, identifying potential areas of underwriting improvement. Participating in internal and external audits is also crucial to ensure underwriting practices comply with company standards and regulatory requirements.

Contribution towards loss ratio control is vital by effectively adhering to the company's plans. Other reasonable duties assigned by the Head of Technical Underwriting will also be performed.

We are offering a competitive salary of £45,000 - £55,000 per annum, depending on experience. In addition to a salary, we offer a range of benefits, including 25 days annual leave plus bank holidays (increasing to 30 days after 5 years of service), 2 Wellbeing Days, annual bonus, excellent pension scheme, private medical insurance, and enhanced Maternity/Paternity leave (after 2 years' service).

Our client is an inclusive employer that celebrates diversity and promotes equity and inclusion in the workplace. We believe that diversity fosters innovation and resilience, and we're committed to building a diverse workforce that reflects the complexity of the world we live in.

Ready to take the next step in your career? Send us your full CV, along with your availability to interview/start and salary expectations, and we'll set up a confidential conversation.

Responsibilities:
  • Drive improvements in quality and current practices
  • Ensure all legal, regulatory, and compliance requirements are met
  • Deliver top-notch internal technical underwriting services by evaluating and analysing applications to determine risk levels and cover limits
  • Use data analytics to identify patterns, trends, and areas for improvement in underwriting processes and pricing
  • Collaborate with the claims department to review and analyse claims data, identifying potential areas of underwriting improvement
  • Participate in internal and external audits to ensure underwriting practices comply with company standards and regulatory requirements
  • Contribute towards loss ratio control by effectively adhering to the company's plans
  • Perform other reasonable duties assigned by the Head of Technical Underwriting

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