Professional Indemnity and Cyber Underwriter - Admiral Pioneer

About Admiral Pioneer

Admiral Pioneer is a new business within Admiral Group with the objective of seeding, launching, and scaling new businesses that will become one of the growth engines for Admiral in the future. These new businesses will anchor around meeting customer needs in growth areas. We will achieve this by experimenting and proving new products, business models, and partnerships through a disciplined, discovery-driven approach.

We are building a dynamic and energizing environment where we will provide all the excitement and freedom of a scale-up but with the support and stability of an established large organisation. We treat our colleagues openly, equally, and fairly and give them a ton of opportunity and freedom to do their best work and make a positive impact.  We make mistakes because building from scratch is not easy, but we are curious about where we get it wrong, and we take this learning forward. We seek to recruit bright, passionate people who have a can-do attitude who look at the world and see the opportunity in our own small way, to make it better for our customers.

About the Role

We are currently expanding the team and are looking for an individual to join and support the continued growth and development of the small business proposition - a digital, flexible and innovative proposition.

This is a perfect role for an underwriter looking for the next challenge and an opportunity to join an exciting new venture.

Main Responsibilities

• Underwriting decisions - This will be done by interpreting underwriting guidelines.
• Accept and decline risks – at policy and portfolio level.
• Apply terms as required.
• Provide technical assistance on underwriting matters.
• Involvement in the creation and ongoing development of policy wordings and documents.
• Engage with the Governance Team to ensure we are compliant with internal process and regulatory requirements to deliver a customer centric proposition.
• Support Admiral Pioneer’s culture by demonstrating a ‘can-do’ approach.

About You

• Have an in-depth knowledge of Professional Indemnity, Cyber Crime and SME Package insurance.
• Previous involvement with wording and documentation production.
• Experience resolving technical queries by referring to policies, procedures and specifications.
• Experience in supporting with developing, administering and monitoring underwriting rules and guidelines.
• Experience with the compilation and analysis of statistics.
• The ability to think differently in a high energy, challenging and Agile environment.

Additional Information

Due to Covid, the whole Admiral Pioneer team is working remotely. We will provide you with everything you need to work comfortably from home.

We expect you to be working remotely for the foreseeable future, however, once it is safe to return to the office, we will have days when the whole team comes together to collaborate. 

Salary, Benefits, and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package. Do not hesitate to contact the Recruitment Officer looking after this position if you would like to discuss this further.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance;it's one of the reasons why we're consistently voted one of the Sunday Times’ Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

About Admiral

Admiral Group is a leading FTSE100 Financial Services company with a presence in eight countries.

The company was set up in 1993 as a car insurance specialist, but since then the Group has expanded in other countries and other insurance verticals such as household and travel insurance, in loans, price comparison platforms, and has developed innovative products.

The Group has 7 million customers worldwide and employs over 11,000 people across its operations. Admiral is a growth story with an enviable track record of strong financial performances, ROE consistently over 50%, a turnover of £3.5 bn, and a profit before tax of £520 m in 2019. Admiral’s philosophy is that ‘people who like what they do, do it better’ and Admiral is proud to offer an open culture where achievement is rewarded and recognised and where coming to work is exciting every day. In 2019, Admiral received a special award from ‘Best Companies to Work For’ as the only company to feature within their rankings since they began 20 years ago: a true testament to the Group’s culture.

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