INSHUR is hiring a
Junior Motor Underwriter

Summary

The job description is for a Junior Motor Underwriter position at INSHUR, based in Brighton with hybrid work options. The role involves supporting the underwriting strategy and ongoing development of the motor portfolio, working across various teams to achieve profitability and growth goals. The ideal candidate has experience in product and underwriting in the personal or commercial motor insurance sector, knowledge of underwriting tools and models, excellent analytical skills, and a good command of Excel.

Requirements

• Have experience in product and underwriting in the personal or commercial motor insurance sector (we think this would be 1+ years)
• Understand the insurance regulatory landscape well and are familiar with insurance market structures, market cycles and insurance operations, including compliance and regulatory issues
• Have a knowledge of the tools and models used in the underwriting process
• An interest in how to develop underwriting guidelines whether or not there are reference guides to evaluate the exposures, historical data to evaluate loss potential or established rating bases for pricing
• Have worked in collaboration with internal and external stakeholders to deliver optimal results for the business, including insurers, suppliers and claims management companies
• Have an interest in developing policy wording / contract language and becoming comfortable consulting with Legal and Claims teams to determine intent of coverage language
• Have a good knowledge of data gathering and manipulation techniques; a strong command of Excel and excellent analytical abilities including mathematics and statistical concepts

Responsibilities

• Support the underwriting strategy and ongoing development of our motor portfolio
• Work across Business As Usual tasks as well as helping identify areas to automate and innovate to help achieve profitability & growth goals, working in close collaboration with the Customer Support, Sales and Technology teams

Benefits

• Offer all employees stock options
• Pay into your pension monthly
• 30 days of holiday annually in addition to bank holidays
• Private healthcare scheme for you and your family
• Life Insurance
• 13 weeks parental leave at full pay regardless of your gender
• Flexible working hours
• Employee Assistance Programme
• Annual personal training allowance and regular learning opportunities
• Monthly flexible wellbeing allowance to help you stay healthy and productive
• Office massages
• Workplace nursery scheme