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Household Underwriter

Massenhove Recruitment
Posted 13 hours ago, valid for 11 days
Location

Basildon, Essex SS16 5UY

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role involves analyzing risk in insurance proposals and determining policy terms and premiums based on actuarial and statistical information.
  • Key responsibilities include assessing underwriting information, offering quotations, and retaining existing broker relationships.
  • Candidates should have a minimum of 3 years of experience in underwriting and risk assessment.
  • The position offers a salary range of $70,000 to $90,000 depending on experience and qualifications.
  • The role requires compliance with company policies, maintaining professional relationships, and staying updated on regulatory matters.

Purpose:

Analysing risk in insurance proposals, determining policy terms and calculating premiums on the basis of actuarial, statistical and background information.

Identifying and writing profitable business in support of the Company’s achievement of its overall business objectives.

Main Duties

Assessing standard and non-standard underwriting information.

Offering appropriate quotations and acceptance of risks.

Retention of existing broker base.

Ensuring all underwriting is conducted within Authority limits.

Reviewing referred claims.

Responding to complaints in a timely and efficient manner.

Maintaining regular contact with trading partners and acting professionally at all times.

Ensuring that trading standards are being met.

Liaising with Accounts Department to assist with collection of premiums.

Monitoring and keeping up to date with technical and regulatory matters and act accordingly.

General Duties

Complying with all company policies and procedures, including health and safety procedures.

Carrying out any other functions deemed necessary by the Team Leader or Underwriting Manager for the effective operation of the department.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.