Robert Half are assisting UK's market leading insurance organisation to recruit a underwriter on an initial 12 month FTC
Role:
Responsibilities
- The Underwriter will provide a high standard of customer care.
- To carry out assessments and underwriting for financial protection bonds and policies and memberships to the standards set by the company.
- To maintain and develop a portfolio of clients.
Assessing and Underwriting
- Assessing risks by analysis of prospective client's financial statements, bank positions, references and other supporting documentation.
- Preparing detailed assessments and visit reports for presentation recommending acceptance or rejection of prospective clients.
- Setting rates and conditions and finalising quotations.
- Reviewing and checking bonds, policies and membership certificates.
Monitoring
- Monitoring client risks including periodic visits and telephone interviews under the direction of the underwriters.
- Reviewing bond and policy wordings and supporting documentation, as required by the underwriters.
- Overseeing the monitoring of clients by the underwriting assistants team and ensuring it meets the standards set by the company, as required by the underwriters.
Administration
- Providing instruction to the underwriting assistants when required.
- Maintaining files and database information relating to clients, ensuring that all data is current, complete, and accurate.
Customer Care
- Providing a high level of customer care and assistance to prospective and existing clients. This includes assisting clients with all aspects of an application.
- Responding in a knowledgeable and efficient manner to enquiries received. Also following up and concluding all enquiries.
- Liaising with intermediaries regarding the status of new and renewing applications.
Profile:
- Minimum [X] years of experience in insurance underwriting or a similar role.
Skills & Competencies:
- The Underwriter will have strong analytical and decision-making skills with the ability to interpret complex data.
- In-depth knowledge of insurance products, risk assessment, and underwriting principles.
- Proficiency in using underwriting software and tools.
- Excellent communication and negotiation skills.
- Detail-oriented with strong organisational and time management abilities.
- Ability to work independently and collaboratively in a fast-paced environment.
Company
- UK's market leading insurance organisation with offices in London
- Hybrid working - 2 days on-site - Central London
Salary & Benefits
The salary range/rates of pay is dependent upon your experience, qualifications or training.
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