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Insurance Underwriting Specialist
2 months ago
We are seeking an experienced Insurance Underwriting Specialist to join our team in the UK. This is a fantastic opportunity for someone who wants to work with a leading insurance company and contribute to the growth of our business.
About Ageas UKAt Ageas UK, we are committed to providing exceptional insurance products and services to our customers. Our teams work tirelessly to ensure that our customers receive the best possible experience. We offer a range of benefits to support our employees and their families, including flexible working options, competitive salaries, and a comprehensive pension scheme.
Salary Range:The salary for this role is estimated to be between £48,000 and £65,000 per annum, depending on experience and qualifications.
Job Description:This is a key role within our Underwriting team, responsible for reviewing and recommending changes to underwriting acceptance rules and documentation. The successful candidate will have a sound understanding of underwriting and pricing principles, as well as excellent numeracy skills and the ability to interpret large quantities of data.
You will work closely with our Pricing team to recommend new enhancements or alterations to pricing or underwriting criteria. Your attention to detail and analytical skills will enable you to identify opportunities for improvement and implement changes that deliver profitable performance and optimise growth.
- To review the underwriting acceptance rules and documentation and make underwriting changes/recommendations, as appropriate, to deliver profitable performance and optimise profitable growth.
- To recommend new underwriting concepts, product covers and documentation by utilising market / legal / competitor analysis.
- To work alongside the Pricing team by recommending new enhancements or alterations to pricing or underwriting criteria.
We are looking for someone with the following skills and qualifications:
- A sound understanding of underwriting and pricing principles and experience of a wide range of technical issues affecting the Insurance Market.
- A very high degree of numeracy with a strong ability to analyse and interpret large quantities of data.
- Excellent communication skills with the ability to explain complex concepts to both internal and external stakeholders.
We offer a range of benefits to support our employees and their families, including:
- Flexible working options, including Smart Working @ Ageas.
- Competitive salaries, with an estimated range of £48,000-£65,000 per annum.
- A comprehensive pension scheme.
- Dental insurance, health cash plan, and voluntary critical illness cover.
- An annual bonus scheme.