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Experienced Underwriter

Salary

£45k - £60k

Min Experience

5 years

Location

London, Peterborough

JobType

full-time

About the job

Info This job is sourced from a job board

About the role

Experienced Underwriter About the Role: We're looking for experienced underwriters to join our growing team. As an Underwriter, you'll be responsible for analysing risk and making decisions on a diverse range of insurance policies. You'll use your technical expertise and commercial awareness to assess applications, identify and manage risk, and negotiate appropriate terms and conditions. Responsibilities: • Assess new and existing insurance applications to determine risk and eligibility • Negotiate policy terms, conditions, and premiums with brokers and customers • Monitor and review existing policies, identifying any changes in risk profile • Maintain underwriting guidelines and procedures to ensure compliance with regulatory requirements • Work closely with other teams, such as claims and actuarial, to share knowledge and insights • Continuously develop your technical and commercial expertise to support business growth Requirements: • Significant experience in a commercial underwriting role, ideally in a similar industry • Strong analytical and decision-making skills, with the ability to assess complex information and make sound, evidence-based judgements • Excellent communication and negotiation skills, with the ability to explain technical concepts to a non-specialist audience • A proactive, collaborative approach, with a willingness to share knowledge and support colleagues • A relevant professional qualification, such as CII or ACII, is desirable but not essential

About the company

The BGL Group is a leading digital distributor of insurance and household financial services. We're home to some of the UK's most well-known brands, including comparethemarket.com, Junction, Beagle Street and Budget Insurance. With over 3,000 employees across multiple locations, we're committed to providing exceptional service and value to our customers.

Skills

underwriting
risk assessment
policy negotiation
regulatory compliance
data analysis