The Motor Underwriter is responsible for evaluating, pricing, and underwriting risks related to motor insurance policies. This role ensures profitability by balancing risk selection with competitive offerings, while maintaining compliance with company guidelines and regulatory standards.
Key Responsibilities
- Risk Assessment
- Evaluate motor insurance applications for private cars, commercial vehicles, and fleets.
- Analyze driver history, vehicle type, usage, and claims experience.
- Determine appropriate coverage terms, premiums, and conditions.
- Underwriting & Policy Management
- Apply underwriting guidelines, rating manuals, and actuarial models.
- Draft and review policy wordings and endorsements.
- Maintain accurate documentation of underwriting decisions.
- Stakeholder Engagement
- Collaborate with brokers, agents, and clients to clarify coverage needs.
- Provide technical guidance to sales teams and customer service staff.
- Build strong relationships to support business growth.
- Claims & Risk Control
- Work with claims teams to assess motor losses and exposures.