Commercial Insurance Underwriter
Commercial Insurance Underwriter

Commercial Insurance Underwriter

Cambridge Full-Time 28000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Negotiate business terms, manage renewals, and provide top-notch service to brokers.
  • Company: Join a fast-growing MGA with a dynamic insurance team focused on SME products.
  • Benefits: Enjoy a competitive salary, performance bonuses, and flexible remote work options.
  • Why this job: Great career progression in a thriving business with a supportive culture.
  • Qualifications: Passion for underwriting, strong commercial insurance knowledge, and excellent negotiation skills.
  • Other info: CII certification is a plus; perfect for those eager to grow their expertise.

The predicted salary is between 28000 - 42000 £ per year.

IPS Group is partnering with a fast-growing MGA that is seeking experienced Commercial Underwriters to join their dynamic insurance team. This is an exciting opportunity for professionals with a background in underwriting, insurance, or broking to take on a key role within a thriving business, focusing on SME insurance products. The positions are available due to continued business growth.

The Role:

As a Commercial Underwriter, you will be responsible for negotiating new business terms, securing renewals, managing mid-term adjustments (MTAs), and providing exceptional service to brokers. You will play a vital role in managing risk, making informed decisions, and contributing to the growth and profitability of the business.

Some Key Responsibilities:

  • Underwrite new business terms, secure renewals, and manage mid-term adjustments (MTAs) profitably and effectively.
  • Build and maintain strong relationships with brokers and other stakeholders, ensuring excellent service and customer satisfaction.
  • Collaborate with sales teams, underwriting management, and other business lines to deliver company objectives.

Skills and Experience:

The ideal candidate will be passionate about underwriting and insurance, with the following skills and experience:

  • A strong understanding of commercial insurance.
  • The ability to manage your workload, prioritise tasks, and meet deadlines.
  • Excellent negotiation and customer service skills.
  • High attention to detail, organisation, and communication skills.
  • Commercial awareness and a proactive, trading mindset.
  • Ability to work independently and take initiative.
  • A desire for continuous professional development and growth in technical knowledge.
  • CII certification (or progression towards) is desirable.

Why This Role?

  • Career Progression: Be part of a growing business with plenty of room to develop your skills and progress your career.
  • Great Benefits: Along with a competitive salary, you’ll enjoy benefits and performance-based bonuses.
  • Work Flexibility: Enjoy office-based work with the option of remote working, offering you a great work-life balance. This is offered once up to speed.

How to Apply:

If you’re passionate about moving into underwriting and looking to take the next step in your career, apply now and take advantage of this exciting opportunity!

Email: Alexander.ballantine@ipsgroup.co.uk

Number: 0121 392 9061 / 07967 701036

Commercial Insurance Underwriter employer: IPS Group

IPS Group is an exceptional employer, offering a vibrant work culture in Brierley Hill that fosters professional growth and development for Commercial Underwriters. With competitive salaries, performance-based bonuses, and the flexibility of remote working, employees enjoy a healthy work-life balance while being part of a dynamic team dedicated to delivering outstanding service in the SME insurance sector.
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Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Underwriter

✨Tip Number 1

Network with professionals in the insurance industry, especially those who work as underwriters or brokers. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.

✨Tip Number 2

Familiarise yourself with the latest trends and developments in commercial insurance. This knowledge will not only help you during interviews but also demonstrate your passion for the field and your commitment to staying informed.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed risk or negotiated terms in previous roles. Highlighting your experience in these areas will show that you're ready to take on the responsibilities of a Commercial Underwriter.

✨Tip Number 4

Research the company thoroughly before your interview. Understand their products, values, and recent achievements. This will allow you to tailor your responses and demonstrate your genuine interest in joining their team.

We think you need these skills to ace Commercial Insurance Underwriter

Commercial Insurance Knowledge
Underwriting Skills
Negotiation Skills
Customer Service Skills
Attention to Detail
Organisational Skills
Communication Skills
Time Management
Relationship Building
Risk Management
Proactive Mindset
Ability to Work Independently
Continuous Professional Development
CII Certification (or progression towards)

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Commercial Underwriter. Familiarise yourself with key terms like underwriting, renewals, and mid-term adjustments to demonstrate your knowledge in your application.

Tailor Your CV: Customise your CV to highlight relevant experience in underwriting, insurance, or broking. Emphasise your negotiation skills, customer service experience, and any specific achievements that align with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for underwriting and your understanding of commercial insurance. Mention how your skills and experiences make you a perfect fit for the role and the company.

Highlight Continuous Development: In your application, mention any ongoing professional development, such as pursuing CII certification. This shows your commitment to growth and aligns with the company's desire for candidates who are eager to learn and develop their skills.

How to prepare for a job interview at IPS Group

✨Showcase Your Underwriting Knowledge

Make sure to brush up on your understanding of commercial insurance and underwriting principles. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in these areas.

✨Demonstrate Strong Negotiation Skills

Since the role involves negotiating new business terms, be ready to share instances where you successfully negotiated deals or resolved conflicts. Highlight your approach and the outcomes to showcase your negotiation prowess.

✨Emphasise Relationship Building

The ability to build and maintain strong relationships with brokers is crucial. Prepare to talk about how you've fostered relationships in previous roles and how you plan to do so in this position.

✨Exhibit Your Organisational Skills

With responsibilities like managing mid-term adjustments and securing renewals, it's important to demonstrate your organisational skills. Discuss how you prioritise tasks and manage your workload effectively to meet deadlines.

Commercial Insurance Underwriter
IPS Group
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  • Commercial Insurance Underwriter

    Cambridge
    Full-Time
    28000 - 42000 £ / year (est.)

    Application deadline: 2027-03-29

  • I

    IPS Group

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