At a Glance
- Tasks: Review applications, assess risks, and make strategic decisions on terms.
- Company: Join a prestigious client based near Cirencester in the financial services sector.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of a team that values innovation and continuous improvement in business processes.
- Qualifications: Experience in a similar role within financial services and strong communication skills required.
- Other info: Ideal for organised individuals who thrive in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Underwriter required by prestigious client, based near Cirencester. The successful Underwriter will be responsible for reviewing applications, considering risk and agreeing terms accordingly.
Main Duties:
- Reviewing allocated applications, considering risk factors and formulating decisions on terms.
- Managing policy changes and exclusions.
- Processing claims misrepresentation cases.
- Responding to enquiries by telephone and email.
- Referral of cases when required.
- Carrying out analysis and producing reports.
- Contributing to continuous improvement of business processes.
Requirements:
- A background within a similar role gained within a Financial Services Environment.
- Excellent communication skills, with a consultative approach and the ability to influence others.
- Highly organised with the ability to prioritise workload.
- Able to make strategic business decisions.
- A strong understanding of the relevant legislation.
- Proficient with Microsoft Office.
Underwriter employer: jobs24.co.uk
Contact Detail:
jobs24.co.uk Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter
✨Tip Number 1
Familiarise yourself with the specific types of risks associated with underwriting in the financial services sector. Understanding these nuances will help you demonstrate your expertise during interviews.
✨Tip Number 2
Brush up on relevant legislation and regulations that impact underwriting decisions. Being able to discuss these confidently can set you apart from other candidates.
✨Tip Number 3
Practice your communication skills, especially in a consultative context. Role-playing scenarios where you explain complex terms to clients can enhance your ability to influence others effectively.
✨Tip Number 4
Showcase your organisational skills by preparing examples of how you've prioritised workloads in past roles. This will illustrate your ability to manage multiple applications and deadlines efficiently.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting or financial services. Emphasise your skills in risk assessment, decision-making, and any specific achievements that demonstrate your ability to manage policy changes and exclusions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the underwriting process and your consultative communication skills. Mention how your background aligns with the responsibilities listed in the job description, such as reviewing applications and processing claims.
Highlight Relevant Skills: In your application, specifically mention your proficiency with Microsoft Office and any analytical tools you have used. Discuss your organisational skills and how you prioritise workload effectively, as these are crucial for the role.
Showcase Continuous Improvement Mindset: Demonstrate your commitment to continuous improvement by providing examples of how you've contributed to enhancing business processes in previous roles. This will show your potential employer that you are proactive and dedicated to improving efficiency.
How to prepare for a job interview at jobs24.co.uk
✨Know Your Risk Factors
Familiarise yourself with common risk factors in underwriting. Be prepared to discuss how you assess these risks and make decisions based on them, as this will demonstrate your expertise in the field.
✨Showcase Your Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly. Prepare examples of how you've influenced others or resolved conflicts in previous positions to highlight your consultative approach.
✨Demonstrate Organisational Skills
Be ready to discuss how you prioritise your workload and manage multiple applications. Share specific strategies or tools you use to stay organised, as this will show your ability to handle the demands of the role.
✨Understand Relevant Legislation
Brush up on the legislation relevant to underwriting in the financial services sector. Being able to discuss how you apply this knowledge in your decision-making process will set you apart from other candidates.