Our market leading Insurance client is continuing to grow their Underwriting function and are now recruiting for an experienced Underwriter to support that growth.
You will be making pricing recommendations and preparing contract reviews as well as supporting in the relationship with the Capacity Providers for the provision of pricing and all general underwriting matters.
You will receive excellent training and development with the opportunities for career progression to more senior Underwriter roles being excellent.
As Assistant Underwriter your main responsibilities will include:
Review Underwriting information and making a recommendation for terms
Providing guidance to the Commercial team and assisting in the calculation of premium terms where pricing models are not available
Referral of information to Underwriters where they fall outside the terms of the binder
Review of Underwriting proposal templates and scorecards to ensure their suitability
Assisting in the production and refresh of pricing models as required
Working on the development of internal systems to achieve a fully automated renewal system
Regular meetings with Commercial Team to identify any updates on Referrals/Quotes
Attendance on regular Conference calls with Underwriters
Preparing agenda and collation of material for attendance at Underwriting Review Meetings
Obtaining sign-off from Underwriters over variations to template wording which impact exposure
Assisting with external Underwriting audits and providing information and documentationTo be a successful Assistant Underwriter you will demonstrate:
Good understanding of the full Underwriting process and cycle
Experience from an Insurer, MGA or working on an in-house Binder
Excellent excel and strong analytical skills
Confident decision-making skills
Excellent verbal and written communication
Proven numeracy and statistical skills
Salary: £25000 – £30000/annum
Job Type: Permanent
Location: Colchester, Essex
To apply for this job please visit www.cv-library.co.uk.