Senior Insurance Underwriter

1 month ago


Birmingham, Birmingham, United Kingdom Gallagher Full time
Overview
Pen Underwriting, part of the Gallagher group, seeks an experienced Senior Underwriter to join our team. As a global community driven by shared values and a commitment to excellence, we operate as a separately regulated legal entity.

Salary and Benefits
The estimated salary for this role is £60,000 - £80,000 per annum, depending on experience. On top of a competitive salary, you will receive a wide range of benefits, including minimum 25 days holiday, plus bank holidays, and the option to 'buy' extra days, a defined contribution pension scheme, life insurance, health cash plan or private medical insurance, employee stock purchase plan, share incentive plan, critical illness cover, discounted gym membership, season ticket loan, and access to a discounted voucher portal.

Job Description
This role focuses on underwriting and servicing new, existing, or both new and existing accounts. You will handle technical claim cover requests, liaise with brokers, insurers, accounts, and claims functions, provide technical training and development to junior team members, compile and provide statistics, operate within agreed personal delegated underwriting authority, and utilize the company's preferred insurance pool. You will also have a firm grasp of risk exposure, determining acceptance criteria and risk classifications in complex situations, and use specialist technical knowledge to handle claim queries.

Required Skills and Qualifications
You should have underwriting experience in servicing accounts, planning and prioritizing client renewals, seeking new business opportunities, and utilizing the company's preferred insurance pool. A strong understanding of risk exposure, determination of acceptance criteria and risk classifications, and use of specialist technical knowledge are essential. Experience of providing technical training and development to junior team members is also required.

Bonus Scheme
We have a bonus scheme that rewards your hard work and dedication. The bonus scheme is designed to motivate and incentivize our team members to deliver exceptional results. By joining Pen Underwriting, you will be part of a talented team that is dedicated to delivering outstanding performance.

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