Engineering Insurance Underwriter

3 weeks ago


Newton Abbot, Devon, United Kingdom NFU Mutual Full time

About the Role

NFU Mutual's Underwriting Department is seeking an experienced professional to join their team as an Engineering Insurance Underwriter. This is an exciting opportunity to shape the company's engineering insurance strategy and further your career in a varied and rewarding role.

As an Engineering Insurance Underwriter, you will be responsible for recommending and developing the underwriting strategy for NFU Mutual's Engineering Insurance offering. This will involve establishing appropriate rules, terms, and risk features that will enable the delivery of profit and growth objectives while effectively managing insurance risk in line with the overall underwriting strategy.

You will work closely with the Propositions department and other key stakeholders to help set the parameters of growth targets and define the company's risk appetite. Your expertise will be essential in translating underwriting appetite into workable rules, processes, and communications for use by NFU Mutual Agents and Underwriters.

About You

We are looking for a professional with a wealth of Underwriting or Broker experience in Engineering Breakdown Insurance. You will have a strong background in a head office function, showcasing an ability for strategic thinking and effective project management delivery. Your knowledge of the Engineering Insurance market and excellent understanding of the factors that influence its performance will be essential in this role.

What We Offer

NFU Mutual offers a supportive culture where we empower and inspire our people to perform. We offer opportunities to grow, recognise and reward their contribution, and respect them and their communities. Our people trust us to be financially sustainable, so we are successful now and in the future.

Benefits

  • Salary in the range of £50,000 to £60,000 depending on skill set and experience
  • 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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