Insurance Underwriter

Job Description

Platform Resourcing are working with a professional services company in Newport who are seeking an Insurance Underwriter to join their team. The company operates in 13 different European countries, with an ambitious growth strategy where you will play an integral part in achieving this.You will be responsible for the underwriting activities for the core products within the UK and Europe, where you will use your knowledge and experience to contribute towards the ambitious growth strategy. You will have an analytical mindset, with the capabilityto distil precise proposals from abstract concepts, ensure commercial opportunities are actively qualified in line with the underwriting guidelines, and be a leading point of technical expertise in your role.Benefits of the role

• Salary of up to £40,000
• Hybrid working, 2 days a week in the office in Newport, and 3 from home
• 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 Occupational Sick Pay
• Enhanced Maternity & Paternity Benefits
• Comprehensive Performance and Development Framework
• Social Events Committee
• Refer a friend bonus scheme (£1,000 per referral)
• Long service awards.
• On site parking and recently renovated and open plan office space

Responsibilities of the Insurance Underwriterposition

• Contribute towards executing the underwriting strategy for each of the businesses 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 P&U 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
• Partner effectively with the Commercial function to secure Acquis financial objectives: translating requirements into proposals and supporting Sales in converting prospects into clients

Experience required to be successful in the role of the Insurance Underwriter

• Experience in underwriting, preferably in the UK or EU general insurance market
• Formal insurance qualification/s (e.g., CertCI) would be beneficial
• 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

If this role interests you, please apply today with an up to date CV and we will be in touch if you have been shortlisted.Privacy and General Data Protection PolicyBy applying for this position, you are giving consent for Platform Resourcing Limited to contact you regarding this vacancy and to discuss potential opportunities that would be seen to be in both parties interest for the explicit reason of assisting youto find work. Your details will not be passed on to any prospective employer/s without your prior consent. Platform Resourcing willnot share any of your details with any third parties unless deemed suitable by you as the applicant/data subject.The above is a general overview and should not be used as a comprehensive list of Platform Resourcing Limiteds commitments. You can find more information on how we handle your data please see our Data Protection and General Data Protection Policy withinour policies page on our company website. If you have any questions, please call before applying. Platform Resourcing are advertising this vacancy and are acting as an employment agency.