At a Glance
- Tasks: Join our team to underwrite new residential opportunities and manage a growing portfolio.
- Company: Be part of a global insurance leader with a focus on innovation and growth.
- Benefits: Enjoy hybrid working, flexible hours, and opportunities for professional development.
- Why this job: This role offers a chance to expand your expertise in a dynamic market with a supportive team.
- Qualifications: Solid experience in Residential/Home Insurance underwriting is essential.
- Other info: Work closely with diverse teams to analyze trends and enhance compliance.
The predicted salary is between 48000 - 84000 £ per year.
Job Description Senior Underwriter – Commercial Lines – Residential Hybrid Working – 3 Days PW – London Our global insurance client are looking to expand their Commercial Lines Underwriting team with an experienced Home Underwriter who will have responsibility for growth and managing of the Residential Portfolio. This is an exciting opportunity to join a multinational corporation and expand you knowledge in this area. As a key member of the team, key activities will include:- Underwriting new residential opportunities within EMEA by supporting pricing, product development and underwriting footprint as well as supporting existing business Keeping abreast of market conditions and how the residential market is developing to include competitor pricing and products Having a good understanding of Underwriting compliance and governance Key Responsibilities will include:- Underwriting of residential new business and renewals Portfolio management by formulating an underwriting strategy to grow business and achieve profitability Analysis of industry trends Work closely with Actuarial, Data Science and Account Management consumer lines team to identify patterns, trends and potential risk factors Compliance and Regulation If you have solid underwriting experience of Residential/Home Insurance with good overall knowledge of the Persona…
Senior Underwriter - Consumer Lines employer: Highams Recruitment
Contact Detail:
Highams Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Consumer Lines
✨Tip Number 1
Familiarize yourself with the latest trends in the residential insurance market. Understanding competitor pricing and product offerings will give you an edge during discussions and interviews.
✨Tip Number 2
Network with professionals in the underwriting field, especially those who specialize in residential lines. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your knowledge of underwriting compliance and governance. Being well-versed in these areas will demonstrate your expertise and commitment to maintaining high standards.
✨Tip Number 4
Prepare to discuss your experience with portfolio management and strategy formulation. Highlight specific examples where you've successfully grown business and achieved profitability in your previous roles.
We think you need these skills to ace Senior Underwriter - Consumer Lines
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Underwriter position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your underwriting experience, particularly in residential or home insurance. Use specific examples that demonstrate your ability to manage portfolios and analyze industry trends.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention your understanding of market conditions and compliance, and how you can contribute to the company's growth.
Highlight Relevant Achievements: In both your CV and cover letter, include quantifiable achievements from your previous roles. This could be successful portfolio management, growth metrics, or any innovative strategies you implemented.
How to prepare for a job interview at Highams Recruitment
✨Showcase Your Underwriting Expertise
Be prepared to discuss your previous experience in underwriting residential opportunities. Highlight specific examples where you successfully managed portfolios and contributed to growth, as this will demonstrate your capability to handle the responsibilities of the role.
✨Understand Market Trends
Research current market conditions and trends in the residential insurance sector. Being able to discuss competitor pricing and products during the interview will show that you are proactive and knowledgeable about the industry.
✨Emphasize Compliance Knowledge
Since compliance and governance are crucial in underwriting, be ready to explain your understanding of these areas. Discuss any relevant experiences where you ensured adherence to regulations and how you managed compliance risks.
✨Collaborative Mindset
The role involves working closely with various teams such as Actuarial and Data Science. Share examples of how you've successfully collaborated with cross-functional teams in the past, as this will highlight your ability to work effectively within a team environment.