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Underwriter - Motor Insurance - Gibraltar

Job Details

Gibraltar, Salary: £20000 - £25000 per annum
Sector: Accounting & Finance, Insurance Industry Type: Permanent
Start Date: Contact: Angelique Pearson

SRGEurope have been appointed to recruit an Underwriter Assistant to join a long standing Motor Insurance Company based in Gibraltar. This job of Underwriter Assistant is ideal for a bright individual who is career orientated. You will assist the Head of Underwriting and Underwriting Director and be integral to the on-going expansion of the Underwriting team. The Insurance Company has grown with speed over the last 3 years so this is a tremendous opportunity for the successful Underwriter Assistant to join a dynamic and fast paced Company.

Underwriter Assistant role and duties:

  • Reviewing existing Underwriting criteria, cover and rating through internal reviews and benchmarking and implementing changes necessary
  • Managing and implementing Polaris lists for Underwriting Criteria reviews
  • Assist in setting up new schemes by reviewing Underwriting Guides, Rates and criteria, during new scheme sign off processes
  • Following up on Underwriting Audits action points
  • Evaluating profitable and unprofitable segments, coverages and classes of the book of business, and monitor individual risk eligibility, selection and pricing by drilling into system generated statistics for presentation to internal Decision Making Groups
  • Monitoring and evaluating the marketplace, competitors, and distribution channels through benchmarking
  • Researching potential products and programs as well as emerging classes, and industries
  • Management of schemes and respond to daily Underwriting queries with Underwriting Director's and Head of Underwriting's guidance
  • Developing and managing broker relationships whilst marketing the business and its products

Underwriter Assistant profile:

  • A minimum of 5 GCSE's including English and Mathematics
  • Ideally a University Degree or equivalent qualification in a Maths related subject
  • At least 2 to 3 years work experience within the Insurance sector in a similar role
  • Progress on studying CII qualifications would be a real advantage but support will be given

Ideally candidates should be based locally or have good connections to Gibraltar. If you feel you have the necessary skills as an Underwriter Assistant and are keen on developing a career within the Insurance sector, please apply now for immediate consideration.

Skills: Underwriting , Motor Insurance , Pricing , Reporting , Polaris , Audit , Underwriter