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For Companies At a Glance
- Tasks: Evaluate risks and underwrite insurance for sports and leisure clients.
- Company: Join a dynamic team in the heart of London, specializing in niche insurance markets.
- Benefits: Enjoy a hybrid work model and competitive salary with growth opportunities.
- Why this job: Be part of an exciting industry while building relationships and making an impact.
- Qualifications: Experience in underwriting or insurance is preferred; strong communication skills are essential.
- Other info: Opportunity to work with diverse clients, from gyms to event organizers.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Job Title: Commercial Underwriter – Sports & Leisure
Location: London – Hybrid
Salary: £45,000 – £55,000 DOE
Purpose of role
As a Commercial Underwriter specialising in Sports and Leisure, you will be responsible for evaluating and underwriting new and renewal business within this niche market. You will work closely with brokers, clients, and internal teams to assess risk, set appropriate terms, and provide tailored insurance solutions.
Key Responsibilities
- Evaluate and assess risks for sports and leisure clients, including sports clubs, gyms, recreational facilities, and event organisers.
- Underwrite new and renewal business within the Sports and Leisure sector, ensuring compliance with company guidelines and standards.
- Develop and maintain strong relationships with brokers, clients, and other stakeholders to facilitate business growth and retention.
- Prepare and issue insurance policies, endorsements, and related documentation in a timely and accurate manner.
- Stay informed about market trends, competitor activities, and regulatory changes impacting the Sports and Leisure sector.
- Work closely with the claims, risk management, and sales teams to deliver comprehensive insurance solutions and exceptional service.
- Negotiate terms, conditions, and pricing with brokers and clients to secure profitable business.
Qualifications & Experience
- Minimum of 3 years commercial combined underwriting experience
Skills and Knowledge
- Strong analytical skills, attention to detail, and the ability to make informed decisions. Excellent communication and negotiation skills.
- In-depth understanding of underwriting principles, risk assessment, and the unique risks associated with the Sports and Leisure industry.
- Proficiency in underwriting software and Microsoft Office Suite.
- Ability to work collaboratively within a team and with other departments.
- Strong customer service orientation with a commitment to meeting client needs.
- Proactive approach to identifying issues and developing effective solutions.
- Flexibility to adapt to changing market conditions and business needs.
If you have the relevant experience or know someone that does please contact us now on 07458 162845 or email us at
Commercial Underwriter - Sports & Leisure employer: Lawes Consulting Group
Contact Detail:
Lawes Consulting Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Underwriter - Sports & Leisure
✨Tip Number 1
Familiarize yourself with the latest trends in the sports and leisure industry. Understanding current market dynamics will help you engage in meaningful conversations with brokers and clients, showcasing your expertise and commitment to the sector.
✨Tip Number 2
Network with professionals in the sports and leisure insurance space. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the specific challenges and opportunities within this niche market.
✨Tip Number 3
Brush up on your negotiation skills. As a Commercial Underwriter, you'll need to effectively negotiate terms and pricing with brokers and clients, so practicing these skills can give you an edge during interviews.
✨Tip Number 4
Stay updated on regulatory changes affecting the sports and leisure sector. Being knowledgeable about compliance issues will not only enhance your credibility but also demonstrate your proactive approach to risk management.
We think you need these skills to ace Commercial Underwriter - Sports & Leisure
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly within the sports and leisure sector. Use specific examples that demonstrate your ability to assess risks and develop tailored insurance solutions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the sports and leisure industry. Explain why you are interested in this role and how your skills align with the responsibilities outlined in the job description.
Highlight Relationship Management Skills: Emphasize your experience in building and maintaining relationships with brokers and clients. Provide examples of how you've successfully facilitated business growth and retention in previous roles.
Showcase Market Knowledge: Demonstrate your understanding of market trends and regulatory changes affecting the sports and leisure sector. Mention any relevant research or insights that could benefit the company in your application.
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Niche
Make sure to familiarize yourself with the specifics of the sports and leisure market. Understand the unique risks associated with different types of clients, such as gyms or event organizers, and be prepared to discuss how you would assess these risks.
✨Build Rapport
Since this role involves working closely with brokers and clients, demonstrate your interpersonal skills during the interview. Share examples of how you've successfully built relationships in previous roles, and be ready to discuss how you would maintain these connections.
✨Stay Updated
Show that you are proactive about staying informed on market trends and regulatory changes. Bring up recent news or developments in the sports and leisure sector during the interview to illustrate your knowledge and enthusiasm for the field.
✨Prepare for Technical Questions
Be ready to answer technical questions related to underwriting processes and risk assessment. Review common underwriting principles and be prepared to explain how you would apply them in real-world scenarios relevant to the sports and leisure industry.
