Senior Underwriter - Acrisure International : Job Details

Hybrid role in Yorkshire or surrounding areas (Manchester, Leeds, Newcastle)

About Us

Acrisure UK MGA Ltd offers virtual partnerships by providing a portfolio of products to cover the demands and needs of SME businesses, individuals and homeowners. Comprising of a dedicated service led team with over 140 years' combined knowledge and experience within the insurance industry. Acrisure UK MGA Ltd believe in stepping away from faceless platforms and providing smart solutions to enhance the broker journey, working together to ensure we provide the best service, products and outcome for clients.

We support brokers in navigating the ever-changing landscape of the insurance market by bringing smart solutions to our partners. Providing quality and robust products in addition to the array of benefits listed below. Our portfolio of products is available within a bespoke quote and buy platform where we are dedicated to giving our partners a clear path to find their client's risk a home. We build relationships with our partner brokers ensuring that when we work together, we succeed together!

About the Role

Key Responsibilities

• Evaluate and underwrite commercial insurance applications submitted by brokers or coverholders, adhering to company underwriting guidelines and standards.
• Manage referral process with insurer capacity if and when required
• Assess risk exposures and determine appropriate coverage, terms, and pricing for new and renewal policies.
• Analyse loss history, financial statements, and other relevant data to make informed underwriting decisions.
• Collaborate with underwriting assistants, claims professionals, and other internal stakeholders to gather necessary information and ensure accurate risk assessment.
• Communicate underwriting decisions effectively to brokers or coverholders, providing explanations and recommendations as needed.
• Negotiate terms and conditions with brokers to achieve profitable business outcomes while maintaining strong relationships.
• Stay updated on industry trends, regulatory changes, and emerging risks impacting commercial insurance.
• Participate in product development initiatives and underwriting process improvements to enhance operational efficiency and effectiveness.
• Maintain accurate underwriting records, documentation, and reports in compliance with company policies and regulatory requirements.

About you

The ideal candidate will have;

• Proven experience in underwriting commercial insurance, preferably within the UK market.
• Strong analytical skills with the ability to assess complex risk factors and make sound underwriting decisions.
• Excellent communication and interpersonal skills, with the ability to build rapport and negotiate effectively with coverholders, brokers and capacity providers.
• Solid understanding of insurance principles, underwriting guidelines, and regulatory requirements.
• Proficiency in using underwriting software (preferably Acturis), Microsoft Office Suite, and other relevant tools.
• Ability to work independently and collaboratively in a fast-paced, team-oriented environment.
• Strong attention to detail, organisational skills, and ability to prioritise tasks effectively

Office location: Stokely, will consider candidates who work remotely 4 days a week and 1 day in the office

We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or Inmails with resumes/CV's as they will not be accepted or credited.