Underwriter

Underwriter

Bradford Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Oversee underwriting performance and ensure accurate processing of submissions.
  • Company: Join Car Care Plan, a leader in vehicle warranty and asset protection products worldwide.
  • Benefits: Enjoy growth potential, a supportive team environment, and the chance to make a real impact.
  • Why this job: This role offers a unique opportunity to apply your expertise in a dynamic and expanding business.
  • Qualifications: Experience in senior underwriting roles and knowledge of the motor sector are essential.
  • Other info: Recruitment includes interviews and assessments to find the best fit.

The predicted salary is between 36000 - 60000 £ per year.

Car Care Plan, an AmTrust International business, are a leading provider of award-winning vehicle warranty and asset protection products to 1.2 million motorists across 75 countries worldwide. Our automotive protection expertise ensures dependable products, high customer satisfaction rates and successful motoring, through a straightforward, hassle-free approach to business.

Working directly with the Chief Underwriting officer and managing a team of Underwriters, this role will focus on overseeing underwriting performance for a portion of CCP's global insurance business, and ensuring accurate and compliant processing of new, renewal, and midterm submissions.

Essential functions of this role will include but are not limited to:

  • Working with Actuarial / Pricing personnel to review their pricing calculations and to ensure that the prices calculated are appropriate as well as producing quarterly updates and reports.
  • Maintain a constant focus on the underwriting profitability of all programmes with a view of achieving company profit objectives.
  • Carry out a monthly review of underwriting performance on all allocated programmes and to identify in writing key movements arising each month and any action required as a result.
  • Co-ordinate annual reviews of all allocated programmes to ensure that any changes in customer requirements are identified and calculated.
  • To identify improvements in systems and procedures both within CCP and its partners.

This is an exciting and rare opportunity for a driven individual to apply their underwriting expertise - both technical and commercial – and take on a role with true growth potential and to make a real difference in an ever expanding business.

Previous experience within a senior underwriting role where you have led and had to make complex decisions based on strategic analysis of market trends is key. Knowledge of the motor sector – including fleet or warranty is a must as is the ability to lead a team with support and confidence.

Successful candidates will also be able to demonstrate excellent communication skills – both verbal and written – as well as strong organisational skills, financial acumen, flexibility in the way you work as well as a true passion for working with people and understanding the importance of building relationships.

For more information and to show your interest, submit your CV. Please note the recruitment process of this role will include: Telephone Interview, Online Verbal & Numerical assessment & 2 stage in person interviews.

Underwriter employer: Car Care Plan

Car Care Plan, part of AmTrust International, is an exceptional employer that prioritises employee growth and development within a dynamic and supportive work culture. Located in a thriving industry, we offer competitive benefits, including opportunities for professional advancement and the chance to make a significant impact on our global insurance business. Join us to be part of a team that values innovation, collaboration, and a commitment to excellence in automotive protection.
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Contact Detail:

Car Care Plan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in the motor sector, especially regarding fleet and warranty products. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the industry.

✨Tip Number 2

Prepare to discuss your previous experience in senior underwriting roles, focusing on specific examples where you made complex decisions based on market analysis. This will showcase your strategic thinking and leadership skills.

✨Tip Number 3

Practice your communication skills, both verbal and written, as these are crucial for the role. Consider mock interviews or discussions with peers to refine your ability to articulate your thoughts clearly and confidently.

✨Tip Number 4

Research Car Care Plan and AmTrust International thoroughly. Understanding their business model, values, and recent developments will allow you to tailor your responses and show that you're a great fit for their team.

We think you need these skills to ace Underwriter

Underwriting Expertise
Financial Acumen
Analytical Skills
Market Trend Analysis
Team Leadership
Communication Skills
Organisational Skills
Attention to Detail
Problem-Solving Skills
Knowledge of Motor Sector
Report Writing
Relationship Building
Flexibility
Strategic Decision-Making

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in the motor sector. Emphasise any leadership roles and your ability to make complex decisions based on market trends.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your underwriting expertise and your ability to lead a team effectively.

Highlight Communication Skills: Since excellent communication skills are essential for this role, provide examples in your application of how you've successfully communicated complex information, both verbally and in writing.

Prepare for Assessments: As part of the recruitment process, you'll face verbal and numerical assessments. Brush up on these skills beforehand and be ready to demonstrate your analytical abilities during the interviews.

How to prepare for a job interview at Car Care Plan

✨Understand the Role

Make sure you thoroughly understand the responsibilities of an Underwriter at Car Care Plan. Familiarise yourself with their products and services, especially in the motor sector, as this knowledge will help you answer questions confidently and demonstrate your genuine interest in the role.

✨Prepare for Technical Questions

Given the technical nature of underwriting, be ready to discuss your previous experience in detail. Prepare examples of complex decisions you've made based on market trends and how those decisions impacted profitability. This will showcase your expertise and analytical skills.

✨Showcase Your Leadership Skills

As this role involves managing a team of Underwriters, be prepared to discuss your leadership style. Share specific examples of how you've successfully led teams in the past, focusing on your ability to support and inspire others while achieving business objectives.

✨Demonstrate Strong Communication Skills

Effective communication is key in this role. Practice articulating your thoughts clearly and concisely, both verbally and in writing. Be ready to discuss how you've built relationships in previous roles and how you plan to maintain strong communication within the team and with external partners.

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