At a Glance
- Tasks: Analyse risks and pricing for new and renewal business while building strong client relationships.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth and to work with diverse stakeholders.
- Why this job: Join a team where your analytical skills can make a real difference in the industry.
- Qualifications: Experience in underwriting or risk analysis, with strong communication and analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
Key Accountabilities & Role Requirements:
- Complete pricing and risk analysis of renewal and new business
- Depending on experience, underwrite or pre-underwrite new and renewal business
- Build strong stakeholder and client relationships
- Assist in business development
- Ensure administrative & compliance related requirements are completed in a timely and accurate manner
- Actively manage exposures in line with syndicate appetite and requirements
- Assist in exposure management and portfolio data analysis
- Engage with brokers and clients, building market relationships
- Monitor and respond to changes in regulation and compliance
Skills & Competencies Required:
- Communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing
- Administrative skills – highly organised and able to prioritise tasks effectively
- Attention to detail and an ability to meet deadlines
- Presentation skills – ability to present to internal and external stakeholders
- Analytical skills – numerically literate and able to analyse data
- Compliance – ability to ensure compliance with all management and regulatory controls
- Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions
- Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role
Qualifications & Experience:
- ACII qualifications or willing to work towards
- Graduate level qualification – but not essential
- 3 to 5 years experience, preferably in International Casualty Treaty
- Excellent IT skills – including intermediate Excel (ability to use formulas effectively and produce graphical data), and other Windows Office and Adobe applications
- Strong numerical skills
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Underwriter, ICT in London employer: Westfield Insurance
As an Underwriter in ICT, you will thrive in a dynamic environment that prioritises professional growth and development. Our company fosters a collaborative work culture where strong stakeholder relationships are built, and compliance is taken seriously, ensuring you can focus on delivering exceptional service. With opportunities for continuous learning and a commitment to employee well-being, we offer a rewarding career path in a supportive setting.
