Motor Underwriter

Zurich Insurance; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading global insurance firm is seeking an experienced Motor Underwriter to join their Birmingham team. This role involves assessing and evaluating motor insurance applications, developing underwriting guidelines, and ensuring competitive policy terms. The ideal candidate should possess strong knowledge of motor insurance, excellent analytical skills, and proficient use of underwriting tools. A comprehensive benefits package is included, ensuring employee wellbeing and development.

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Access to Private medical insurance

Discounted gym membership

Qualifications

• Previous experience in motor underwriting.
• Strong knowledge of motor insurance products and underwriting principles.
• Proficient in using underwriting software and tools.

Responsibilities

• Assess and evaluate motor insurance applications to determine risk levels.
• Develop and implement underwriting guidelines and policies.
• Calculate premiums and establish terms for motor insurance policies.

Skills

Motor underwriting experience

Risk assessment

Analytical skills

Communication skills

Problem-solving

Tools

Underwriting software

Job description

Overview

We are seeking an experienced Motor Underwriter to join our underwriting team in Birmingham. The ideal candidate will have a strong background in motor insurance, a keen eye for detail, and a passion for providing exceptional service. As a Motor Underwriter, you will be responsible for assessing risk, determining policy terms, and ensuring that our motor insurance products are both competitive and profitable.

Responsibilities

• Assess and evaluate motor insurance applications to determine risk levels.
• Develop and implement underwriting guidelines and policies.
• Calculate premiums and establish terms and conditions for motor insurance policies.
• Review and analyse claims data to ensure compliance with underwriting guidelines.
• Collaborate with brokers, agents, and other stakeholders to provide tailored insurance solutions.
• Monitor market trends and adjust underwriting strategies to maintain competitiveness.
• Provide technical support and guidance to junior underwriters and other team members.
• Maintain accurate records and ensure compliance with regulatory requirements.
• As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You\'ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

Qualifications

• Previous experience in motor underwriting.
• Strong knowledge of motor insurance products, risk assessment, and underwriting principles.
• Excellent analytical and problem-solving skills.
• Proficient in using underwriting software and tools.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Ability to make decisions using data and judgment.

Benefits & Work Environment

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.
• 25 days holiday a year plus bank holidays. You can also swap UK bank holidays for days off of cultural or religious significance.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks\' full pay for maternity, paternity and adoption leave.
• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

About Zurich & Our Culture

Zurich seeks to be one of the most responsible and impactful businesses in the world and the best global insurer. We value diversity and inclusion and are committed to fair treatment of all applicants. We offer a comprehensive range of training and development opportunities and encourage volunteering and community involvement through our charitable arm, Zurich Community Trust, which has awarded grants and volunteered time in the UK valued at over £90 million.

We are a global employer with over 55,000 employees in more than 170 countries, dedicated to sustainable impact, wellbeing, curiosity, and skill development for the future. We strive to create a welcoming environment where every employee can bring their whole self to work.