Commercial Underwriter

NFU Mutual; York; Hybrid; GBP 40,500 - 49,500; Full time

Benefits offered by this job

Salary up to £45,000 depending on experience

Annual bonus (up to 10% of salary)

Contributory pension scheme, up to 20%

25 days annual leave + bank holidays

Health and wellbeing plan

Life Assurance 4 x salary

Employee volunteering - one day per year

Job summary

A leading insurance company located in York is seeking a Commercial Underwriter. This role involves managing commercial cases, providing excellent service to customers via collaboration with agents, and maintaining a high-quality underwriting process. The position offers a hybrid working environment, ongoing training, and opportunities for career progression, with a competitive salary and attractive benefits.

Qualifications

• Experience in a regulated environment, including Authority work.
• Ability to handle complex technical cases.
• Policy document review experience.

Responsibilities

• Handle commercial cases up to £35k premium.
• Collaborate with agents for customer outcomes.
• Complete mid-term alterations and renewals swiftly.

Skills

Customer-focused mindset

Attention to detail

Effective communication

Decision-making under pressure

Commercial Underwriting experience

Job description

Overview

Join to apply for the Commercial Underwriter role at NFU Mutual.

• Opportunity to be part of a National Commercial Underwriting function
• Hybrid 80% homeworking available and 20% from our office in York
• Ongoing training, career progression and personal growth

About the role

We have an exciting opportunity for a diligent General Insurance professional to join us as a Commercial Underwriter within our SME and Mid-Market Team. You’ll be responsible for handling commercial cases up to £35k premium across Commercial Select, Motor Trade & Farm. The team underwrites all mid-term alterations and renewal work for any case within these thresholds. We receive approximately 2,500 Mid Term Adjustments per week and aim to complete 80% of these within a 5-day turnaround while maintaining renewal positions. We work closely with our agents to drive the best possible outcomes for our customers quickly and to a high quality.

Here at NFU Mutual, we operate with a unique model of a tied agency network. Our NFU Mutual agencies are the vital day-to-day link with our customers and, as an Underwriter, you\'ll build strong relationships and work collaboratively with our Agents, resolving complex referrals and ensuring effective management of the insurance risk cost whilst delivering the right solution and service for our members.

We provide a comprehensive induction to the role. You will need to be able to commit to being in the office more frequently for the first 6 months. Following your induction, you will receive ongoing training which will support your career progression and personal growth.

Working hours: 35 hours per week, Monday – Friday with shifts between 8am and 6pm.

About you

You’ll be a Commercial Underwriting professional with varied experience of complex and technical cases within a regulated environment including working within Authority. If you have exposure to a broad range of Commercial General Insurance products and are a keen learner, we would love to hear from you.

You’ll be a resilient individual with effective communication skills to establish strong working relationships with key stakeholders across the business, and the ability to challenge and influence where necessary.

To join our team, you’ll also have:

• A customer-focused mind, with strong attention to detail
• The confidence to work in a regulated environment
• The ability to make rational and logical decisions in a fast-paced environment
• Policy document review experience
• Commercial Underwriting experience in the insurance industry

About NFU Mutual and inclusivity

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees. We recognise that some candidates may experience barriers during the recruitment process. We encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process. We\'re proud to be a Disability Confident Employer and signatories of Race at Work and Women in Finance Charter, welcoming applications from people of all backgrounds.

Benefits

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary up to £45,000 depending on experience
• Annual bonus (up to 10% of salary)
• Contributory pension scheme, up to 20%
• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• Family Friendly policy
• Employee discounts and savings on various services
• £20 monthly gym contribution
• Health and wellbeing plan
• Voluntary benefits, including health assessments, private medical and dental insurance
• Employee volunteering - one day per year
• Refer a Friend scheme
• Life Assurance 4 x salary
• Discretionary employee discounts on NFU Mutual policies

Working at NFU Mutual: We are a leading general insurance and financial services company with a long-standing commitment to customers, our people and communities.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing, Administrative, and Finance

Industries

• Insurance Agencies and Brokerages
• Insurance Carriers
• Insurance