Job Description

Acquis is a private equity-backed insurance broker and administrator, specialising in insurance administration services for the finance and leasing industry. With European headquarters in Amsterdam, UK headquarters in Newport, and US operations in Philadelphia, PA, we operate in a total of 16 countries, bringing together a richly diverse team representing 17 nationalities and 18 languages. At Acquis, we take every opportunity to celebrate our diverse backgrounds and cultures.

Joining Acquis means becoming part of a dynamic, collaborative, and forward-thinking organisation that values continuous improvement. We work together in a supportive and inclusive environment where every employee feels included and valued.

This is an exciting time to be part of Acquis as we continue to pursue our ambitious growth strategy, following our acquisition by NSM into the U.S. As part of NSM Insurance Group, a global leader in specialty insurance, we recognise that our current and future success is dependent on our greatest asset, our people. We are dedicated to fostering an inclusive and supportive environment where every employee can thrive, grow, and feel empowered to succeed.

Role Purpose

The Underwriting team is responsible for the governance and execution of Acquis' commercial and group underwriting activity, including pricing, forecasting, risk analysis, policy allocation and all "out-of-binder" proposals, and ensuring that the technical results of Acquis' insurance-backed products continue to perform within their designated target thresholds.

Acquis is looking for an Underwriter who can reinforce the technical capabilities of the Underwriting team and whose insurance sector expertise can contribute to realising Acquis ambitious growth strategy. The role requires a sound knowledge and awareness of the principles of insurance and risk management, experience of distilling precise proposals from abstract concepts, strong stakeholder management and communication skills and a detail-focused mindset to ensure that commercial opportunities are adequately qualified and evaluated in line with Acquis' underwriting policies and guidelines.

Key Responsibilities

Act as the main contact for underwriting queries, acknowledging receipt, managing their allocation within the team, and providing accurate time estimates for their delivery. Underwriting risks within own personal level of underwriting authority and escalating to the Underwriting Manager or Partnerships team for outward approval where necessary. Support the Underwriting manager in enacting MTAs such as ad hoc pricing changes, inflation adjustments, additional equipment classes or policy endorsements and issuing/archiving the relevant documentation swiftly and accurately. Provide technical support to the Commercial function, assisting them in securing Acquis' financial objectives in a clear, timely and well organised manner. Actively use, contribute ideas to and provide feedback regarding Acquis' automated underwriting systems, employing a continuous improvement mindset to ensure that any development needs are clearly communicated to the Finance and Business Intelligence teams. Support the Underwriting Manager in delivering compulsory and targeted "skill gap" product training to the wider business and assimilate technical knowledge to act as a source of expertise on Acquis' insurance products. Handle the day-to-day administration of Acquis' Residual Value Insurance product. Work closely with all teams to contribute towards the execution of corporate objectives. Contribute to the delivering operational excellence through process documentation, optimisation, and automation within Partnerships and across the wider business.

Personal Requirements/Skills - Qualifications

Previous underwriting experience, preferably within an MGA environment in UK or EU general insurance lines. Excellent verbal and written communication skills, with the capability to prioritise. Technical mindset with an analytical approach to problem-solving. Proficiency in data interrogation, analysis, and presentation. Ability to present and explain data-driven proposals clearly and effectively to stakeholders. Cognisance and understanding of the UK and European general insurance markets, regulations, and trends. Sound Office proficiency, particularly Microsoft Excel Ability to build rapport with internal and external stakeholders at all levels. Strong numerical reasoning skills and attention to detail are essential. Formal insurance qualification/s (e.g. CertCI) would be beneficial
Job Types: Full-time, Permanent

Pay: 35,000.00-40,000.00 per year

Additional pay:

Bonus scheme Performance bonus
Benefits:

Casual dress Company events Company pension Cycle to work scheme Employee mentoring programme Enhanced maternity leave Enhanced paternity leave Free flu jabs Free parking Health & wellbeing programme Life insurance On-site parking Paid volunteer time Private dental insurance Private medical insurance Referral programme Sick pay
Schedule:

Monday to Friday No weekends
Work Location: Hybrid remote in Newport NP10 8BD