Commercial Insurance Underwriter
Commercial Insurance Underwriter

Commercial Insurance Underwriter

Bolton Full-Time 28000 - 42000 £ / year (est.) No home office possible
I

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 required.
  • Other info: CII certification is a plus; perfect for those eager to grow their technical 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.
I

Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in commercial insurance. Understanding the current market dynamics and emerging risks will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work as underwriters or brokers. Attend industry events or join relevant online forums to build connections that could lead to job opportunities at companies like ours.

✨Tip Number 3

Prepare for potential interview questions by practising your negotiation skills. Since the role involves negotiating new business terms, showcasing your ability to handle negotiations effectively can set you apart from other candidates.

✨Tip Number 4

Research our company culture and values. Understanding what we stand for at StudySmarter will allow you to tailor your responses in interviews, showing that you are not only a fit for the role but also for our 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
Time Management
Relationship Building
Risk Assessment
Proactive Mindset
Communication Skills
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 new business, managing renewals, and MTAs 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.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

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 products. Be prepared to discuss specific underwriting principles and how they apply to SME insurance, as this will demonstrate your expertise and passion for the role.

✨Highlight Your Negotiation Skills

Since the role involves negotiating new business terms, be ready to share examples from your past experiences where you successfully negotiated deals. This will show your potential employer that you have the skills necessary to excel in this position.

✨Demonstrate Strong Relationship-Building Abilities

The job requires building and maintaining relationships with brokers. Prepare to discuss how you've effectively managed relationships in previous roles, focusing on your customer service skills and ability to ensure satisfaction.

✨Emphasise Your Organisational Skills

With responsibilities like managing mid-term adjustments and securing renewals, it's crucial to showcase your ability to prioritise tasks and meet deadlines. Share specific strategies or tools you use to stay organised and efficient in your work.

Commercial Insurance Underwriter
IPS Group
I
  • Commercial Insurance Underwriter

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

    Application deadline: 2027-03-29

  • I

    IPS Group

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>