At a Glance
- Tasks: Underwrite residential title risks and assess property transaction issues.
- Company: Join a growing team in Leeds focused on title insurance and legal indemnities.
- Benefits: Enjoy hybrid working, competitive salary, and a strong benefits package.
- Why this job: Get hands-on experience with complex cases and learn from seasoned professionals.
- Qualifications: Ideal for those with a legal or underwriting background and knowledge of residential conveyancing.
- Other info: Opportunity to handle high-value cases and expand your career in a collaborative environment.
The predicted salary is between 36000 - 60000 £ per year.
We are working on an exciting opportunity for an Underwriter to join a growing and collaborative team in Leeds, specialising in title insurance and legal indemnities. This is a unique role offering the chance to underwrite a wide range of residential title risks, with future exposure to commercial deals.
You will be assessing risks related to property transactions, such as missing planning permissions, restrictive covenants, leasehold issues, and right of way concerns. You will work closely with solicitors and brokers to provide bespoke insurance solutions that help keep deals on track.
This isn't standard e-trade underwriting; you will be involved in technically complex cases that require investigation, judgement, and strong communication. The role would suit someone from a legal, conveyancing, or underwriting background - for example, solicitors, conveyancers, legal executives or insurance professionals with experience in property or title risks.
A solid understanding of residential conveyancing is key, and legal indemnity experience is highly desirable. You will benefit from structured on-the-job training, learning directly from experienced Senior Underwriters, with the potential to work up to handling cases with values in the millions.
This is a hands-on role in a growing Leeds team that is playing a key part in expanding the company's UK presence outside of London. With hybrid working (typically two to three days in the office), a competitive salary depending on experience, and a strong benefits package, this is an excellent opportunity to take the next step in your underwriting or legal career.
Interested in making the move into specialist title insurance underwriting? Get in touch to learn more or apply today.
Residential Insurance Underwriter in Leeds employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Residential Insurance Underwriter in Leeds
✨Tip Number 1
Familiarise yourself with the specific types of residential title risks mentioned in the job description. Understanding issues like missing planning permissions and restrictive covenants will not only help you in interviews but also show your genuine interest in the role.
✨Tip Number 2
Network with professionals in the insurance and legal sectors, especially those who have experience in property transactions. Engaging with solicitors and brokers can provide valuable insights and may even lead to referrals or recommendations for the position.
✨Tip Number 3
Prepare to discuss your previous experiences related to risk assessment and problem-solving. Highlight any relevant cases you've worked on that required investigation and judgement, as these skills are crucial for the role.
✨Tip Number 4
Research StudySmarter and our approach to underwriting. Understanding our company culture and values will help you align your answers during interviews and demonstrate that you're a good fit for our team.
We think you need these skills to ace Residential Insurance Underwriter in Leeds
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Residential Insurance Underwriter. Familiarise yourself with title insurance, legal indemnities, and the specific risks associated with property transactions.
Tailor Your CV: Highlight relevant experience in your CV, especially if you have a background in law, conveyancing, or underwriting. Emphasise any specific skills related to assessing risks and providing bespoke insurance solutions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the industry. Mention your understanding of residential conveyancing and any experience with legal indemnities, as well as your ability to communicate effectively with solicitors and brokers.
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, which is crucial in this role.
How to prepare for a job interview at IPS Group
✨Understand the Role
Make sure you have a solid grasp of what a Residential Insurance Underwriter does, especially in relation to title insurance and legal indemnities. Familiarise yourself with common risks like missing planning permissions and leasehold issues, as these will likely come up during your interview.
✨Showcase Your Legal Knowledge
Since the role requires a background in law or conveyancing, be prepared to discuss your relevant experience. Highlight any specific cases you've worked on that relate to property transactions, and demonstrate your understanding of residential conveyancing and legal indemnity.
✨Emphasise Communication Skills
This position involves working closely with solicitors and brokers, so it's crucial to showcase your communication skills. Be ready to provide examples of how you've effectively communicated complex information in previous roles, particularly in high-stakes situations.
✨Prepare for Technical Questions
Expect to face technical questions related to underwriting and risk assessment. Brush up on your knowledge of underwriting principles and be ready to discuss how you would approach assessing various title risks. This will demonstrate your analytical skills and judgement.