Insurance Underwriter - Commercial Lines

Placements24; Greater London; Híbrido; GBP 60 000 - 90 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Competitive salary

Health benefits

Retirement plan

Professional development

Flexible remote work

Collaborative team environment

Resumo da oferta

Placements24 is seeking an Insurance Underwriter specializing in Commercial Lines to join its team with remote work flexibility. You will evaluate, select, and price commercial risks, analyzing operations, financials, and risk exposures to determine coverage terms.

The ideal candidate will have a minimum of 4 years in underwriting, strong analytical abilities, and excellent communication and negotiation skills to support brokers, agents, claims, and actuarial teams.

Qualificações

• 4+ years of underwriting experience in commercial lines.
• Strong analytical capabilities and risk assessment proficiency.
• Remote-work capability with strong communication.
• Knowledge of market dynamics in the Eastern Cape and broader South Africa.

Responsabilidades

• Review and analyze applications for commercial insurance policies, assessing risks.
• Determine appropriate coverage levels, terms, conditions, and pricing for commercial risks.
• Develop and maintain relationships with brokers and agents to facilitate business flow.
• Monitor underwriting performance and ensure adherence to guidelines and strategies.
• Provide guidance to junior underwriters and support staff.
• Collaborate with claims and actuarial teams to improve risk assessment and pricing.

Conhecimentos

Analytical skills

Underwriting principles

Decision making

Problem solving

Communication skills

Negotiation

Formação académica

Bachelor's degree in Business, Finance, Economics, or related field

Descrição da oferta de emprego

About the Role

Our client is seeking a skilled Insurance Underwriter specializing in Commercial Lines to join their growing team, with the flexibility to work remotely. This role focuses on evaluating, selecting, and pricing commercial insurance risks to achieve desired profitability and growth targets. You will analyze business operations, financial statements, and risk exposures to determine appropriate coverage terms and conditions. The ideal candidate will possess strong analytical capabilities, a thorough understanding of commercial insurance principles, and the ability to make informed underwriting decisions, contributing significantly to the company's success in underwriting complex business risks.

Key Responsibilities

• Review and analyze applications for commercial insurance policies, assessing risks and exposures.
• Determine appropriate coverage levels, terms, conditions, and pricing for commercial risks.
• Develop and maintain strong relationships with brokers and agents to facilitate business flow.
• Monitor underwriting performance and adherence to guidelines and company strategies.
• Provide guidance and support to junior underwriters and support staff.
• Collaborate with claims and actuarial teams to enhance risk assessment and pricing accuracy.

Requirements

• Bachelor's degree in Business, Finance, Economics, or a related field.
• A minimum of 4 years of experience in underwriting, with a strong focus on commercial lines of business.
• Proficiency in risk assessment techniques and underwriting principles for commercial entities.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong communication and negotiation abilities, effective in a remote setting.
• Knowledge of the insurance market dynamics in the Eastern Cape and broader South Africa.

Benefits

• Competitive annual salary and performance-based incentives.
• Comprehensive health, dental, and retirement benefits.
• Opportunities for professional development and specialized underwriting certificates.
• Flexible remote work arrangement, allowing work from anywhere.
• A collaborative team environment focused on underwriting excellence and innovation.