At a Glance
- Tasks: Support growth and profitability of the Environmental portfolio through underwriting and relationship management.
- Company: Join a forward-thinking insurance company dedicated to making a positive impact.
- Benefits: Opportunities for personal growth, teamwork, and professional development in a dynamic environment.
- Why this job: Be part of a team shaping the future while helping others achieve their goals.
- Qualifications: Relevant experience in Environmental marketplace or Consulting; strong understanding of insurance principles.
- Other info: Work closely with experienced professionals and gain insights into the insurance industry.
The predicted salary is between 36000 - 60000 £ per year.
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
This position is for an Environmental Assistant Underwriter within the International Casualty division in London.
The role will have both personal and collective responsibility for supporting the growth and profitability of the Environmental portfolio. This position involves the underwriting of new and renewal business, in line with appetite, as well as developing and maintaining relationships with Brokers., * Underwrite new and renewal accounts in accordance with planned underwriting appetite, through proactive account review, analysis of underwriting trends and improvement plans, to maintain profitability.
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Negotiate account participation, pricing, and negotiate terms and conditions including policy coverage with brokers.
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Underwrite in line with the Environmental underwriting framework – e.g. Underwriting Authorities, Raters, Underwriting Guidelines, Rules and Principles.
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Present underwriting rationale and evaluation where specific accounts fall outside of underwriting authority.
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Support development and execution of the Environmental underwriting and marketing strategies.
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Work closely with the Environmental Underwriting Manager and wider underwriting team to drive development opportunities.
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Proactively support the acquisition of new business and retention of existing business through both market and one-on-one meetings with our Insureds / potential Insureds.
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Support Environmental Underwriting Manager to perform required marketing with broker partners including structured broker presentations on Environmental appetite.
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Contribute, as required, to monthly, quarterly and annual reporting of underwriting results.
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Running and producing internal reports and figures.
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Willingness to continue to develop knowledge of Insurance and related issues through form and informal learning
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Ability to prioritise and organise workload and meeting deadlines
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Have a detailed and methodical approach to underwriting
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Ability to develop and sustain relationships with internal and external customers
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Knowledge of general insurance and its underlying principles
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Strong team working ethic
Experience
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Relevant experience within the Environmental marketplace or Environmental Consulting
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Sound baseline understanding of the insurance market
Environmental Assistant Underwriter employer: The Hartford
Contact Detail:
The Hartford Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Environmental Assistant Underwriter
✨Tip Number 1
Familiarize yourself with the latest trends in environmental insurance. Understanding current issues and developments in the environmental sector will help you engage in meaningful conversations with brokers and clients, showcasing your expertise.
✨Tip Number 2
Network with professionals in the environmental insurance field. Attend industry events or webinars to connect with potential colleagues and brokers. Building these relationships can provide valuable insights and opportunities for collaboration.
✨Tip Number 3
Stay updated on underwriting guidelines and frameworks specific to environmental policies. This knowledge will not only enhance your confidence during discussions but also demonstrate your commitment to adhering to best practices in underwriting.
✨Tip Number 4
Prepare to discuss your approach to risk assessment and management in environmental contexts. Being able to articulate your thought process and decision-making skills will set you apart as a candidate who understands the complexities of the role.
We think you need these skills to ace Environmental Assistant Underwriter
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Environmental Assistant Underwriter position. Understand the key responsibilities and required skills, such as underwriting new and renewal accounts and developing relationships with brokers.
Tailor Your CV: Customize your CV to highlight relevant experience in the Environmental marketplace or Environmental Consulting. Emphasize your understanding of insurance principles and any specific achievements that align with the role's requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the environment and insurance. Mention how your skills and experiences make you a great fit for supporting the growth and profitability of the Environmental portfolio.
Highlight Teamwork and Communication Skills: In your application, emphasize your ability to work collaboratively within a team and your experience in building relationships with internal and external customers. This is crucial for the role, as it involves working closely with the Environmental Underwriting Manager and brokers.
How to prepare for a job interview at The Hartford
✨Understand the Environmental Underwriting Framework
Make sure you familiarize yourself with the Environmental underwriting framework, including the guidelines, rules, and principles. Being able to discuss how you would apply these in real scenarios will show your preparedness for the role.
✨Showcase Your Relationship-Building Skills
Since the role involves developing and maintaining relationships with brokers, be ready to share examples of how you've successfully built professional relationships in the past. Highlight your communication skills and ability to negotiate effectively.
✨Demonstrate Analytical Thinking
Prepare to discuss your approach to analyzing underwriting trends and how you would implement improvement plans. Providing specific examples from your previous experience can help illustrate your analytical capabilities.
✨Express Your Willingness to Learn
The job emphasizes continuous learning in insurance and related issues. Be prepared to talk about how you stay updated in your field and your eagerness to further develop your knowledge in environmental underwriting.