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Insurance Underwriter

Insure Recruitment
Posted a day ago, valid for 23 days
Location

London, Greater London EC2V 7WS, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

Life Insurance
Employee Assistance

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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  • A global insurance company is seeking an Insurance Underwriter with in-depth knowledge of legal indemnities, preferably from roles such as legal executive or conveyancer.
  • Candidates will be responsible for underwriting commercial risks, negotiating for profitability, and ensuring compliance with regulatory standards.
  • The position offers a negotiable salary based on experience, along with benefits like 23 days of holiday plus bank holidays and hybrid working options.
  • Applicants should have relevant experience, and the company encourages candidates with diverse backgrounds to apply even if they don't meet all criteria.
  • Additional benefits include private medical coverage, group life insurance, and an annual performance-related bonus.

We have a fantastic job opportunity working for a global insurance company as an Insurance Underwriter. 

As full product training is provided we will consider candidates who have an in-depth knowledge of legal indemnities, which you may have gained working as a legal executive, conveyancer, fee earner, or insurance underwriter. You will play a key role as an underwriter driving their business forward in the UK,

The role will involve underwriting commercial risks within agreed authority levels, negotiating and maximising business profitability by means of effective underwriting decisions and techniques.

You will review products offered both on and offline (including panels and schemes), to ensure that all aspects continue to meet the high standards required by their customers and comply with regulatory requirements.

You will build strong relationships with clients, solicitors, brokers, and business units plus assist in the development of these relationships through presentations, meetings, and corporate events

In addition, you will provide support and training to junior team members to develop their technical/commercial proficiency and contribute to ongoing initiatives and projects.

Salary is negotiable depending on experience, including excellent benefits including 23 days holiday + bank holidays rising with years of service, and the option to buy/sell an additional 3 days per year.

They offer hybrid working flexibility of up to 3 days working from home and 2 days in the office. They help take good care of you with their employee assistance helpline, private medical and health cash plan upon completion of your probation, and access to a variety of online retail discounts utilising their medical scheme.  

You will also have immediate group life insurance cover x3 salary and an annual performance-related bonus.

At Insure Recruitment, we work with clients who are dedicated to building a diverse, inclusive, and authentic workplace.  So, if you’re excited about this role but your past experience doesn’t align perfectly with every qualification or criteria in the above description, we encourage you to apply anyway.  You may be exactly what we’re looking for in this or other roles.

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.