Underwriter

www.topfinancialjobs.co.uk - Jobboard; Glasgow; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading mutual organisation in Glasgow seeks an Underwriter to support healthcare professionals. This role involves underwriting, pricing, and product design, alongside developing policies and liaising with actuaries. Ideal candidates will have experience in insurance and strong communication skills.

Qualifications

• Experience in a technical underwriter role, ideally with Medical Malpractice.
• Ability to manage a varied workload and respond to queries timely.

Responsibilities

• Develop and maintain underwriting policies and procedures.
• Underwrite new business and renewals within authority limits.
• Provide effective underwriting advice to staff and management.

Skills

Communication

Problem Solving

Attention to Detail

Stakeholder Engagement

Education

Graduate

Postgraduate qualifications (e.g. CII)

Tools

CRM

SharePoint

Excel

Job description

Be-Resourcing are proud to present a fantastic new Underwriter role for our client, a UK-based mutual organisation providing legal, regulatory, and indemnity support to healthcare professionals. This role will be based in Glasgow, reporting to the Head of Underwriting and work with our clients in-house actuaries and underwriting assistants. The post-holder will be involved in the underwriting and pricing of new and renewal business, business development and product design.

Key Responsibilities:

• Develop and maintain underwriting policies and procedures ensuring they are fit for purpose, embedded in the business and in line with best practice.
• To establish and oversee technical underwriting performance monitoring and reporting/MI.
• To underwrite new business and renewals within own authority limit, referring to the Head of Underwriting or others as required by formal authority limits and procedures.
• Assist relationship management and sales with client meetings.
• Support investigations relating to potential fraudulent claims.
• Provide effective underwriting advice to staff and senior management working throughout the organisation.
• Liaising with actuaries regarding product development and pricing proposals.
• Undertake regular horizon scanning to ensure an efficient response to regulatory change or other rules and regulations impacting the handling of underwriting.
• Responsible underwriting lead for large/high profile groups, communication with members of the Exec in sign off.
• Provide advice on Med Mal risks to MIL.
• Represent underwriting as an SME for various projects.

Key Competencies:

• Ability to work with various internal systems including Decisions, CRM, SharePoint;
• Collation and presentation of information in a clear and appropriate format;
• Decision making within guidelines and authority levels;
• Management of a varied workload with competing priorities, responding to internal and external queries in a timely manner;
• Effective communication liaising and building relationships with colleagues across the organisation including CEO, Directors and Heads of Department;
• Analysing data to problem solve and make decisions confidently;
• Self-motivated and able to manage own workload;
• Confidence in liaising with corporate clients;
• Stakeholder Engagement;
• Attention to detail;

Experience/Qualifications needed:

• Prior experience of working for an insurance intermediary / brokerage, MGA or insurer (or equivalent indemnity business) in a technical underwriter role, ideally with Medical Malpractice or other PI experience.
• Qualifications Graduate, formal postgraduate qualifications (e.g. CII) advantageous.
• Experience of challenging senior management and of working within a business to develop the right compliance culture.
• Basic knowledge of excel for underwriting performance monitoring and reporting/MI.
• Basic knowledge of actuarial pricing and being able to liaise with actuaries (preferable).
• Experience of working with corporate clients (preferable)

If you are looking to join a company where your work supports those who care for others, get in touch now for the opportunity to make a meaningful impact in the healthcare sector!