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For Companies At a Glance
- Tasks: You'll assess risks and underwrite insurance policies for transactions.
- Company: Join a leading transactional risk insurance agency with a strong reputation.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: Experience in W&I market and a solid broker following are essential.
- Other info: This role offers a chance to work with top-tier clients and enhance your career.
The predicted salary is between 43200 - 72000 £ per year.
We’ve been retained to the search for a Senior Underwriter on behalf of a branded transactional risk insurance agency and are looking to speak with experienced W&I market professionals with confidence in demonstrating a solid broker following.
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter // Transactional Risk
✨Tip Number 1
Network with professionals in the W&I market to build relationships and gain insights. Attend industry events or webinars where you can connect with potential colleagues and brokers who may refer you to opportunities.
✨Tip Number 2
Showcase your expertise in transactional risk by engaging in discussions on relevant online platforms, such as LinkedIn groups or industry forums. This will help you establish yourself as a knowledgeable professional in the field.
✨Tip Number 3
Consider reaching out directly to insurance agencies that align with your career goals. Express your interest in their work and inquire about any upcoming opportunities, even if they aren't currently advertised.
✨Tip Number 4
Prepare for interviews by researching the agency's recent transactions and understanding their client base. Being able to discuss specific cases will demonstrate your knowledge and enthusiasm for the role.
We think you need these skills to ace Senior Underwriter // Transactional Risk
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Senior Underwriter in the transactional risk sector. Highlight your experience in W&I markets and your ability to build strong broker relationships.
Tailor Your CV: Customise your CV to reflect your relevant experience in underwriting and transactional risk. Emphasise your achievements, particularly those that demonstrate your confidence and broker following.
Craft a Compelling Cover Letter: Write a cover letter that showcases your expertise in the W&I market. Use specific examples to illustrate how your skills align with the needs of the insurance agency and express your enthusiasm for the role.
Proofread and Edit: Before submitting your application, carefully proofread your documents. Check for any grammatical errors or typos, and ensure that your writing is clear and professional.
How to prepare for a job interview at IDEX Consulting Ltd
✨Showcase Your Broker Relationships
As a Senior Underwriter, it's crucial to demonstrate your established relationships with brokers. Be prepared to discuss specific examples of how these connections have benefited your previous employers and how you can leverage them in this new role.
✨Understand the W&I Market
Make sure you have a deep understanding of the Warranty & Indemnity market. Brush up on recent trends, challenges, and opportunities within the sector, as well as any relevant regulatory changes that may impact the business.
✨Prepare for Technical Questions
Expect to face technical questions related to underwriting practices and risk assessment. Review key concepts and be ready to explain your thought process when evaluating risks and making underwriting decisions.
✨Demonstrate Confidence and Communication Skills
In this role, you'll need to communicate effectively with both brokers and clients. Practice articulating your thoughts clearly and confidently, as strong communication skills are essential for building trust and rapport in the transactional risk space.
