At a Glance
- Tasks: Manage a diverse portfolio of SME and mid-market risks in Marine Insurance.
- Company: Join IPS Group, a respected name in the insurance industry.
- Benefits: Enjoy competitive pay, potential for remote work, and great corporate perks.
- Why this job: Be part of a dynamic team with opportunities for growth and impact in the industry.
- Qualifications: No specific qualifications required; enthusiasm and willingness to learn are key.
- Other info: This role is based in Manchester, focusing on renewals and some new business.
The predicted salary is between 36000 - 60000 £ per year.
An exciting opportunity to manage a dynamic portfolio of SME and mid-market risks across the Marine Insurance industry. IPS Group is partnering with a respected insurer to find a talented Cargo & Freight Underwriter for their Manchester office, primarily focused on renewals, with some exposure to new business. You will handle premiums ranging from £2.5k to £100k, balancing high-volume cases.
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cargo & Freight Underwriter
✨Tip Number 1
Familiarise yourself with the Marine Insurance industry, especially focusing on cargo and freight underwriting. Understanding the nuances of this sector will not only boost your confidence but also impress potential employers during discussions.
✨Tip Number 2
Network with professionals in the insurance field, particularly those who specialise in marine insurance. Attend industry events or join relevant online forums to build connections that could lead to job opportunities.
✨Tip Number 3
Stay updated on current trends and challenges in the cargo and freight market. Being knowledgeable about recent developments will help you engage in meaningful conversations during interviews and demonstrate your commitment to the role.
✨Tip Number 4
Prepare to discuss your experience with managing portfolios and handling renewals. Be ready to share specific examples that highlight your skills in balancing high-volume cases and your approach to risk assessment.
We think you need these skills to ace Cargo & Freight Underwriter
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Cargo & Freight Underwriter. Highlight your experience in managing SME and mid-market risks, particularly in the Marine Insurance sector.
Tailor Your CV: Make sure your CV reflects relevant experience in underwriting, especially with renewals and new business. Use specific examples that demonstrate your ability to handle premiums within the specified range.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of the challenges faced by Cargo & Freight Underwriters. Mention why you are interested in this position at IPS Group and how you can contribute to their team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or 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
✨Know Your Marine Insurance Basics
Make sure you brush up on your knowledge of marine insurance, especially regarding cargo and freight. Understanding the key concepts and terminology will help you answer questions confidently and demonstrate your expertise.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting. Think about past experiences where you had to balance risk and reward, and be ready to discuss how you would approach similar situations in this role.
✨Showcase Your Analytical Skills
As an underwriter, strong analytical skills are crucial. Be prepared to discuss how you analyse risks and make informed decisions. You might want to bring examples of how you've successfully managed a portfolio or assessed complex cases in the past.
✨Demonstrate Your Communication Skills
Effective communication is key in this role, especially when dealing with clients and brokers. Practice articulating your thoughts clearly and concisely, and be ready to explain complex insurance concepts in a way that's easy to understand.