Senior Underwriter - Motor Fleet

Senior Underwriter - Motor Fleet

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
H

At a Glance

  • Tasks: Join our team to manage and underwrite Motor Fleet risks while supporting junior members.
  • Company: A leading Motor Insurer based in the heart of London, known for innovation and growth.
  • Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
  • Why this job: Make an impact in a dynamic industry while enhancing your skills and knowledge in underwriting.
  • Qualifications: Strong experience in Motor Fleet Underwriting is essential; a passion for learning is a plus.
  • Other info: This role offers a chance to shape the future of our Motor Fleet products.

The predicted salary is between 43200 - 72000 £ per year.

I am currently recruiting for a leading Motor Insurer who are seeking a Senior Underwriter to join their growing Motor Fleet team. This position will entail being responsible for writing a range of medium to complex risks within the Motor Fleet risk appetite. It will also support team members with lower authority by helping to develop their technical knowledge. Someone with strong Motor Fleet Underwriting experience is required for this role.

Key Responsibilities

  • Support the execution of the underwriting strategy for the Motor Fleet class, ensuring all activities are within the agreed risk appetite and personal authority, including processing quotes, renewals, mid-term adjustments, and cancellations.
  • Contribute to the development of the underwriting appetite for our product(s).
  • Assist in managing portfolio performance by analysing results and providing recommendations for improvement.
  • Collaborate with the operational leadership and technical training teams to identify training needs, and provide feedback, coaching, and training to enhance team competency and performance.
  • Serve as the first line of defence by understanding and adhering to the zero-tolerance fraud strategy.
  • Maintain a strong awareness of and ensure compliance with all regulatory requirements.
  • Follow the complaint handling process and aim to resolve complaints informally whenever possible.

Senior Underwriter - Motor Fleet employer: High Finance (UK) Limited

As a leading Motor Insurer based in the vibrant City of London, we pride ourselves on fostering a dynamic work culture that values collaboration and professional growth. Our Senior Underwriter role offers not only competitive benefits but also the opportunity to mentor and develop junior team members, ensuring a supportive environment for all. With a commitment to employee development and a focus on innovation within the Motor Fleet sector, we provide a rewarding career path for those looking to make a meaningful impact.
H

Contact Detail:

High Finance (UK) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter - Motor Fleet

✨Tip Number 1

Network with professionals in the insurance industry, particularly those who specialise in motor fleet underwriting. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture.

✨Tip Number 2

Familiarise yourself with the latest trends and regulations in motor fleet underwriting. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss specific examples from your previous experience that showcase your ability to handle medium to complex risks. Highlight any successful strategies you've implemented in past roles that align with the responsibilities of this position.

✨Tip Number 4

Showcase your leadership skills by discussing how you've supported and developed team members in previous roles. Emphasising your ability to coach and enhance team performance will make you a strong candidate for this senior position.

We think you need these skills to ace Senior Underwriter - Motor Fleet

Motor Fleet Underwriting Experience
Risk Assessment
Portfolio Management
Analytical Skills
Technical Knowledge Development
Regulatory Compliance
Fraud Detection and Prevention
Communication Skills
Coaching and Training
Problem-Solving Skills
Attention to Detail
Decision-Making Skills
Customer Service Orientation
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your specific experience in Motor Fleet underwriting. Include relevant achievements and responsibilities that align with the job description, such as managing complex risks and supporting team members.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the industry. Mention your understanding of the underwriting strategy and how your skills can contribute to the team's success.

Highlight Technical Knowledge: Emphasise your technical knowledge in Motor Fleet underwriting. Provide examples of how you've developed this knowledge in previous roles and how you can support team members with lower authority.

Showcase Compliance Awareness: Demonstrate your understanding of regulatory requirements and compliance in your application. Mention any relevant experience you have in adhering to fraud strategies and complaint handling processes.

How to prepare for a job interview at High Finance (UK) Limited

✨Showcase Your Underwriting Experience

Make sure to highlight your previous experience in Motor Fleet underwriting. Be prepared to discuss specific cases where you successfully managed complex risks and how you contributed to the underwriting strategy.

✨Demonstrate Technical Knowledge

Since this role involves supporting team members with lower authority, be ready to explain how you've previously coached or trained others. Share examples of how you’ve developed technical knowledge within a team setting.

✨Understand Regulatory Compliance

Familiarise yourself with the regulatory requirements relevant to Motor Fleet underwriting. During the interview, express your commitment to compliance and provide examples of how you've ensured adherence to regulations in past roles.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your decision-making skills in underwriting. Practice articulating your thought process when handling quotes, renewals, and complaints, ensuring you align with the company's risk appetite.

Senior Underwriter - Motor Fleet
High Finance (UK) Limited
H
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>