Engineering Insurance Underwriter

4 weeks ago


Bristol, Bristol, United Kingdom NFU Mutual Full time
About the Role

NFU Mutual's Head Office Underwriting Department is seeking an experienced professional to join their team as an Engineering Insurance Underwriter on a 12-month Fixed Term Contract basis. This role has the potential to become permanent for the right candidate.

Key Responsibilities
  • Develop and recommend the underwriting strategy for NFU Mutual's Engineering Insurance offering, establishing appropriate rules, terms, and risk features to deliver 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.
  • Collate and analyse management information to identify opportunities for improving the underwriting strategy.
About You

We are seeking a professional with a wealth of Underwriting or Broker experience in Engineering Breakdown Insurance. You will be technically proficient with strong communications skills and the ability to establish and maintain impactful working relationships.

We are looking for someone with a background in a head office function, showcasing an ability for strategic thinking and effective project management delivery. Strong knowledge of the Engineering Insurance market and excellent understanding of the factors that influence its performance are also essential.

Negotiation skills, influencing abilities, and experience collaborating with a range of stakeholders are also required. Effective communication style and the ability to present information to different audiences are crucial. A high level of data literacy and the ability to translate data into actionable insights are also necessary.

Benefits and Rewards
  • Competitive salary
  • Annual bonus (up to 17.5% of salary)
  • Contributory pension scheme, up to 20%, including your 8% contribution
  • 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
  • A Family Friendly policy that helps you balance your work and family responsibilities
  • Access to savings at High Street brands, travel, and supermarkets
  • £20 contribution to a monthly gym membership – subject to T&Cs
  • Health and wellbeing plan - cashback for dentist, opticians, physio, and more
  • Access to voluntary benefits, including health assessments, private medical insurance, and dental insurance
  • Employee Volunteering - volunteer in the community for one day each year
  • Unlimited access to Refer a Friend £500 bonus scheme
  • Life Assurance cover of 4 x salary
  • Employee discounts of 15% on a range of NFU Mutual insurance policies.


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