Salary for underwriter

Average salary


2800 £

Basic salary 1300 £
Maximum Wage 4200 £
1300 £
Lowest
2750 £
Average
4200 £
Highest

underwriter - How much money do you make working at this position?

The average salary for the underwriter position is 2800 £

Companies with the highest earnings in position Underwriter
AVENCIA CONSULTING SERVICES
Based on 20 job offers
9583 £
9000 £
8000 £
RICCI RECRUITMENT
Based on 2 job offers
7500 £
INSIGHT RECRUITMENT SOLUTIONS
Based on 12 job offers
7007 £
6666 £
OPUS RECRUITMENT SOLUTIONS
Based on 3 job offers
6500 £
6000 £
SUCCESS LOVE
Based on 4 job offers
5900 £
BROOKE HARRISON RECRUITMENT
Based on 3 job offers
5222 £

Salary in companies


AVENCIA CONSULTING SERVICES 9583 £
1300 £ 9583 £
SANDERSON 9000 £
1300 £ 9583 £
CANDIDATE SOURCE 8000 £
1300 £ 9583 £
RICCI RECRUITMENT 7500 £
1300 £ 9583 £
INSIGHT RECRUITMENT SOLUTIONS 7007 £
1300 £ 9583 £
PEARSON WHIFFIN RECRUITMENT 6666 £
1300 £ 9583 £
OPUS RECRUITMENT SOLUTIONS 6500 £
1300 £ 9583 £
SPRING TECHNOLOGY 6000 £
1300 £ 9583 £
SUCCESS LOVE 5900 £
1300 £ 9583 £
BROOKE HARRISON RECRUITMENT 5222 £
1300 £ 9583 £

Comment on the job position of underwriter

Benefits


  • mutual
  • savings plan

Requirements


  • property
  • 'underwriter' OR 'senior underwriter' OR 'commercial insurance'
  • 'underwriter' OR 'underwriting assistant' OR 'assistant underwriter'
  • aviation Space Underwriting Assistant Underwriter General Aviation Hull War Airline
  • 'senior underwriter' OR 'underwriter' OR 'underwriting assistant'
  • 'underwriter' or 'senior underwriter'
  • 'underwriter' OR 'assistant underwriter' OR 'underwriting assistant'
  • 'underwriter' OR 'underwriting'
  • energy
  • insurance
  • risk
  • social care
  • reinsurance
  • technical knowledge of all areas of protection underwriting
  • understand the needs of the customer to ensure they are treated fairly
  • previous experience of dealing and managing stakeholders
  • knowledge of impacting legislation
  • strong problem-solving skills with the ability to identify and solve issues working with a team
  • experience of working within Medical Underwriting within life and disability policies
  • making an accurate assessment of individual risk from a Customers life and disability policies Declaration

Responsibility


  • assess customer risk profile in accordance with the operating principles and standard to ensure a high-quality customer experience
  • consistently deliver high standards of service, accuracy, and efficiency
  • proactively highlight conditions that are preventing you from servicing demands, and ensure that you do not create waste
  • support the senior underwriter as point of contact for less experienced members of the team
  • make suggestions for improvement, and act where appropriate based on knowledge and data. Own changes implementing where you can, pulling in support where needed and escalating where required
  • working cohesively with all team members in the attainment of service excellence for the Protection customer
  • preparing and issuing standard and non-standard customer terms using the templates provided and to adjust templates when non-standard
  • using mechanisms in place to request medical evidence, including writing to the customer and obtaining information from third parties
  • following agreed processes to ensure that this assessment is carried out with fair outcomes for the customer and in line with governance requirements in relation to life and disability applications
  • providing information / undertaking tasks in response to customer requests or as dictated by product / company requirements, ensuring that the work processed meet agreed company & customer service standards & conforms to legal, regulatory & business standards
  • managing queries that come into the team mailbox within 48 hours. To challenge existing processes in a professional, clear and logical way and be supportive of process improvements to improve the experience of the Protection customer
  • construction / Liability Underwriter writing wages and turnover business on a presentation basis
  • ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings
  • determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements
  • identifies cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk
  • build and maintain strong relationships with key trading partners to maximize influence
  • support the development and operation of sales campaigns to drive the acquisition of profitable business
  • underwriting a high volume of wages and turnover business, average premium is circa £3,000 with a potential to write up to a premium of £100,000
  • carry out yearly audit of underwriting files and process
  • develop and maintain a good working relationship with key London M&A Brokers

Current offers for the position


EVOLUTION MONEY
Underwriter

Manchester

FINANCE & BUSINESS
CREDIT UNDERWRITER

Glasgow

NFU MUTUAL FINANCE
Field-based Commercial Underwriter

Edinburgh

BRADLEY ASSOCIATES
Medical Underwriter

Bristol

AXA
Pricing Underwriter

Royal Tunbridge Wells