Job Description
We are seeking a highly analytical and strategic Senior Insurance Underwriter to join our dynamic risk management team in London. As a leader in the insurance sector, Apex Insurance Solutions is dedicated to providing innovative risk solutions to our diverse portfolio of clients. You will play a pivotal role in assessing risk, pricing policies, and ensuring the financial stability of our organization.
In this position, you will leverage your expertise to navigate complex risk landscapes, mentor junior underwriters, and drive profitability through sound decision-making. If you have a passion for risk assessment and a track record of success in the insurance industry, we want to hear from you.
Responsibilities
- Conduct comprehensive risk assessments and underwrite commercial and personal insurance policies to ensure profitability and compliance.
- Analyze market trends and competitor activities to adjust pricing strategies and underwriting guidelines accordingly.
- Review and evaluate complex claims and applications, determining coverage terms and conditions.
- Mentor and guide junior underwriters, providing training on underwriting standards and regulatory requirements.
- Collaborate with sales teams to provide underwriting advice and support new business acquisition.
- Ensure all underwriting decisions adhere to internal policies, regulatory guidelines, and legal standards.
Qualifications
- Proven experience of 5+ years in insurance underwriting, preferably within a London-based firm.
- Relevant professional qualification (e.g., CII Diploma, ACII, or FIA).
- Strong knowledge of insurance products, including Commercial Lines, Property, or Liability.
- Excellent analytical and problem-solving skills with the ability to interpret data accurately.
- Strong interpersonal skills with the ability to communicate complex risk concepts to clients and stakeholders.
- Proficiency in underwriting software and Microsoft Office Suite.