Underwriter (Wholesale Business) - 28740

The Emerald Group; London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading insurance company in London is seeking an Underwriter to assess and underwrite commercial risks. The ideal candidate will have a minimum of 3 years underwriting experience, a Cert CII qualification, and strong knowledge of the UK insurance market. Responsibilities include risk assessment and ensuring compliance with guidelines. Competitive compensation based on experience offered.

Qualifications

• Minimum 3 years of underwriting experience in relevant fields.
• Knowledge of the UK general insurance market and regulatory practices.

Responsibilities

• Assess and underwrite risks for various commercial sectors.
• Review and analyze risk submissions with brokers.
• Provide pricing recommendations according to guidelines.
• Ensure compliance with regulatory requirements.

Skills

Underwriting

Risk Assessment

Regulatory Compliance

MS Office Proficiency

Education

Cert CII or equivalent professional qualification

Dip CII

ACII qualification (preferred)

Tools

MS Word

MS Excel

MS PowerPoint

Microsoft Teams

Job description

Responsible for underwriting commercial risks through broker channel

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Assess and underwrite risks, including but not limited to SME package, commercial combined, property owner and liability risks
• Review and analyse risk submissions, working with brokers to gather all necessary information for risk assessment
• Provide accurate pricing recommendations and terms following the Company’s underwriting guidelines and business strategy
• Ensure compliance with all regulatory and legal requirements, as well as the Underwriting Framework in the business process
• Cert CII or equivalent professional qualification
• Dip CII and progressing towards ACII qualification is preferred but not required
• Minimum 3 years of underwriting experience of SME package, commercial combined or property owner risks
• Knowledge of the UK general insurance market and relevant regulatory practices and legislations
• Proficiency in MS Office package, including Word, Excel and PPT and use of Teams