Insurance Underwriting Expert
5 days ago
We are currently recruiting for an experienced Insurance Underwriting Expert to work with one of the UK's leading MGA's based in the West Midlands.
This role offers great opportunities for career progression within the business, where you will receive support to achieve this, including financial assistance to complete industry exams if desired.
The successful candidate will ideally have experience in both personal lines and commercial insurance, although it is not essential to have both.
- Produce quotes in line with Service Level Agreements as part of our New Business team.
- Achieve growth targets in line with technical and compliance guidelines.
Main responsibilities include:
- Examining insurance proposals.
- Collecting background information and assessments of risk.
- Analysing statistical data using specialist computer programmes.
- Writing quotes and negotiating the terms with brokers and clients.
- Deciding the wording of policies.
- Preparing insurance policy terms and conditions.
- Liaising with insurance brokers.
- Building and maintaining excellent working relationships and delivering excellent customer service.
- Point of call for underwriting queries from Insurance agents.
- New Business quotation, as well as NTU and MTA administration, in line with your licence level.
Ideal candidate requirements:
- Analytical skills.
- Good maths and statistics skills.
- Excellent verbal and written communication skills.
- Good judgement.
- Negotiation and interpersonal skills.
- Ability to use initiative and works well under pressure.
- Very Organised.
- Proficient in Excel, Word and PowerPoint.
Competitive basic salary of up to £35k, plus pension, 26 days holiday plus Bank holidays, Health benefits, Death in service.
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