Underwriter

**Location**: Newport, South Wales
**Contract Type**: Permanent

Purpose of Role

Product & Underwriting is responsible for the management and development of Acquis’ core insurance functions: Underwriting, encompassing all group commercial underwriting activities in the UK and Europe; Product, providing leadership and insight into matters of product development, governance and best practice in line with Acquis’ mission objectives; and Partnerships, forging and developing strategic relationships with Acquis’ panel of carrier partners.

Acquis is looking for an underwriter who can reinforce the technical capabilities of the Product & Underwriting team and whose underwriting and insurance sector experience can contribute towards realising Acquis’ ambitious growth strategy. This role requires an analytical mindset with the capability to distil precise proposals from abstract concepts, ensure that commercial opportunities are accurately qualified in line with Acquis’ underwriting guidelines, and to act as a leading point of technical expertise.

Key Accountabilities

Partner effectively with the Commercial function to secure Acquis’ financial objectives: translating requirements into proposals and supporting Sales in converting prospects into clients

Contribute towards executing the underwriting strategy for each of Acquis’ products: increasing revenue whilst ensuring that underwriting profitability is maintained

Assess and, where necessary, escalate non-standard underwriting proposals in a timely manner

Coordinate with Partnerships to ensure that all insurer documentation is duly maintained, and that any Product documentation is created, issued and verified in accordance with KPIs

Provide expert guidance on all aspects of Product engineering to clients, prospects, partners, and the wider business

Support the Head of Product & Underwriting and collaborate with commercial, technical and operational business units to identify, research and evaluate opportunities to develop new and existing products

Support the implementation and development of technical and operational mechanisms to enhance the effectiveness of Product & Underwriting and the wider business

Work closely with all departments to contribute towards the execution of corporate and departmental objectives and projects.

Skills, Knowledge & Experience Required

Experience in underwriting, preferably in the UK or EU general insurance market

Technical mindset with an analytical approach to problem solving and strong attention to detail

Ability to effectively identify, assess and challenge risk

Proficiency in data interrogation, analysis and presentation

Strong numerical reasoning skills are essential

Intermediate to advanced Microsoft Office skills, particularly Microsoft Excel

Ability to evaluate technical wording, e.g., policy clauses and conditions

Excellent verbal and written communication skills, and the capability to prioritise a dynamic workload of tasks/requests appropriately

Ability to build rapport with internal and external stakeholders at all levels

Formal insurance qualification/s (e.g., CertCI) would be beneficial

Fluency in an additional European language is desirable but not essential.

Employee Benefits

25 days’ Annual Leave (with the option to buy and sell more)

Bonus Scheme based on performance

Company Pension Scheme - 5% employee and employer contributions

Private Medical Healthcare

Group Life Insurance (4x basic annual salary)

Employee Assistance Programme

Cycle to Work Scheme

Access to Company Sick Pay

Enhanced Maternity & Paternity Benefits

Comprehensive Performance and Development Framework

‘Refer a friend’ bonus scheme (£1,000 per referral)

Long service awards.