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Underwriter

Underwriter – Colchester – Up to £30,000

Our Client, a market leading Employer has a new opportunity for an enthusiastic and proactive individual looking to develop and progress their underwriting career.

Job Summary

  • Salary:

    £25000 - £30000 per annum

  • Location

    Colchester, Essex

  • Job Type:

    Permanent

Job Posted 02/08/19
Apply now

Underwriter

Underwriter – Colchester – Up to £30,000

Our Client, a market leading Employer has a new opportunity for an enthusiastic and proactive individual looking to develop and progress their underwriting career.

Our Client, a market leading Employer has a new opportunity for an enthusiastic and proactive individual looking to develop and progress their underwriting career.

What will I be doing?

As an experienced Underwriter you will be responsible for the evaluation of pricing proposals and making pricing recommendation. You will assist in the preparation of contract reviews and support in the relationship with Underwriters for the provision of pricing and all general underwriting matters.

Day to day tasks:

  • Review underwriting pricing proposals and make a recommendation for terms
  • Provide guidance and assistance with the preparation of underwriting papers and assisting in the calculation of premium terms
  • Assist in proactively identifying any scope for improvements in current pricing process and implementing changes
  • Support the Head of Underwriting in day to day relationships
  • Engagement in negotiations with Underwriters to agree and vary terms of binding authorities
  • Attend conference calls and review meeting with Underwriters
  • Action requests for Management Information from Underwriters
  • Attend wording committee meetings to determine underwriting impact/exposure on policy wording changes
  • Assist in contract reviews across all business lines
  • Recommend terms to identify which contracts require re-pricing due to performance issues
  • Update systems with required renewal actions

Who are we looking for?

To be a successful candidate for this vacancy, you must have at least 1 year's previous underwriting experience. You will also have strong excel and analytical skills, excellent attention to detail and be able to communicate both verbally and written. It is important for you to be able to work on tasks without supervision and therefore be a confident decision-maker.

Ideally candidates will have a minimum of 5 GCSE's at A-C grades (including English and Maths). Any knowledge of pivot tables or a CII diploma/ certification would be a bonus!

You must be able to drive to reach the office location.

Company Benefits

  • 25 days annual leave allowance
  • Employee Wellbeing scheme including Fitbit
  • Plenty of free parking
  • Free fruit and refreshments including Nespresso coffee machines
  • Travel insurance

Apply Now

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I have used Employment Specialists Ltd twice over a 5 year period. Both times they have found me great positions at reputable insurance companies. They took the time to find out exactly what I was looking for in a job and what skills I had that could be applied to the available positions. They even assisted me in updating my CV in order to convey myself better to potential employers. The team were very quick to obtain relevant interviews and kept me up to date with any feedback they received.

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Having worked with Employment Specialists Ltd twice, I would highly recommend them. On both occasions they have successfully found me employment. The most recent role was not an obvious match on paper and I have no doubt that they played a massive part in securing me this opportunity. I have always found them highly professional and supportive during the process, particularly with preparation for interview. Should the need arise again, they will be my first call.

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