Insurance Underwriting Vacancies!
Job Title: A range of Underwriting roles available!
Contract Type: Permanent (Full-Time, Part-Time, Job-Share, Flexible options available)
Salary Range: £48,000 - £65,000
Location: Hybrid -Eastleigh, Bournemouth, Gloucester, London
Do you have experience in Insurance Underwriting?
This is a hugely exciting time for Ageas – we are expanding and have a variety of roles available across motor and household product lines roles in Insurance Underwriting.
Our Insurance Underwriting teams are looking to bring on board fresh and dynamic Insurance Underwriters to join their busy Household, Motor and Strategic teams!
The Underwriters will be working closely with the pricing and distribution teams and will be supporting the development of a multi-year approach and delivering a tightly managed renewal process. Through this development they will be responsible for the implementation of new concepts, managing our rate strength and strengthening our year to year understanding of risk.
The Insurance Underwriters will have strong market knowledge and intelligence. Strong numeracy and communication skills are an absolute must for this role to be able to gather, interpret and present segmentation information to numerous stakeholders internally and externally.
Main responsibilities:
1. To review the underwriting acceptance rules and documentation and make underwriting changes/recommendations, as appropriate, to deliver profitable performance and optimise profitable growth.
2. To recommend new underwriting concepts, product covers and documentation by utilising market / legal / competitor analysis.
3. To work alongside the Pricing team by recommending new enhancements or alterations to pricing or underwriting criteria.
4. Take responsibility for our Underwriting Footprint to broaden our competitive footprint across the broker portfolio.
5. Key Liaison point with brokers, partners, external service providers and internal Sales, Claims and other management teams.
The successful Underwriters will have the following:
6. A sound understanding of underwriting and pricing principles and experience of a wide range of technical issues affecting the Insurance Market.
7. A very high degree of numeracy with a strong ability to analyse and interpret large quantities of data.
8. Excellent skills in explaining, both internally and externally to key business partners, the interpretation of policy wordings, underwriting decisions and the outcome of audits.
9. Ability to work with people at all levels, internally and externally.
10. Confident decision-maker who exhibits a willingness to take responsibility.
11. Ability to prioritise work to meet deadlines, managing multiple work streams and stakeholders.
Here are some of the benefits you can enjoy within Underwriting based in all UK Offices:
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Flexible Working - Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.
Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks’ at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
Benefits for Them – Partner Life Assurance and Critical Illness cover
Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover
Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.
Supporting you back to work - Return to work programme after maternity leave