Engineering Risk Underwriter
5 days ago
NFU Mutual's Head Office Underwriting Department invites applications for a skilled professional to join their team as an Engineering Insurance Underwriter on a 12-month Fixed Term Contract basis.
The role offers a unique opportunity to support the company's planned growth, with the potential to become permanent for the right candidate.
As an Engineering Insurance Underwriter, you will recommend and develop the underwriting strategy for NFU Mutual's Engineering Insurance offering, establishing appropriate rules, terms, and risk features to deliver profit and growth objectives.
Key responsibilities include:
- Translating underwriting appetite into workable rules, processes, and communications to enable effective execution of risk appetite and optimise sales channel performance.
- 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 underwriting strategy and ensuring optimal performance.
We seek a professional with extensive Underwriting or Broker experience in Engineering Breakdown Insurance, possessing technical proficiency, strong communication skills, and the ability to establish impactful working relationships.
Preferred qualifications include:
- A background in a head office function, showcasing strategic thinking and effective project management delivery.
- Strong knowledge of the Engineering Insurance market and an excellent understanding of factors influencing its performance.
- Negotiation skills, influencing abilities, and experience collaborating with various stakeholders.
- Effective communication style and the ability to present information to diverse audiences.
- High-level data literacy and the ability to translate data into actionable insights.
An ACII qualification is advantageous but not essential.
NFU Mutual values diversity, inclusivity, and equality, and we welcome applications from individuals with diverse backgrounds and experiences.
We offer a supportive culture, empowering our people to perform, and providing opportunities for growth and recognition.
Our benefits and rewards include a competitive salary, annual bonus, contributory pension scheme, 25 days annual leave, and access to savings and wellbeing plans.
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