At a Glance
- Tasks: Evaluate and underwrite commercial risks while building strong broker relationships.
- Company: Join a leading name in the Commercial Insurance Industry with a strong growth trajectory.
- Benefits: Enjoy remote work options, competitive salary, private medical cover, and excellent pension plans.
- Why this job: Be part of a dynamic team that values relationship-building and tailored insurance solutions.
- Qualifications: Proven experience in Commercial Insurance, strong communication, and analytical skills required.
- Other info: Must reside within the East Anglia region to apply.
The predicted salary is between 36000 - 60000 £ per year.
A leading name in the Commercial Insurance Industry has embarked on a successful expansion across East Anglia. They have exceptional relationships with major Brokers in the region (and UK wide) and this is your opportunity to have the freedom to underwrite in an environment where they want to trade and write good business.
Due to their strong growth, another opportunity has arisen for a Commercial Underwriter to join our Client's highly successful Commercial team. This role is ideal for a Commercial Insurance professional who enjoys relationship-building and delivering tailored Insurance solutions.
You will evaluate and underwrite a variety of Commercial risks, focusing on both new and renewal business. This position involves collaborating closely with Brokers to structure competitive insurance solutions that align with the Company's risk appetite and meet client needs. This is also a role that you are able to perform working remotely, from your home. However, you must live within the East Anglia region.
As Commercial Underwriter your main responsibilities will include:
- Assess and underwrite risks for new and existing clients in line with company guidelines
- Negotiate terms with Brokers to win and retain business
- Maintain and develop strong relationships with Brokers
- Analyse market trends to ensure competitive and profitable underwriting decisions
To be a successful Commercial Underwriter you will demonstrate:
- Proven experience within Commercial Insurance, ideally Property/Casualty classes
- Excellent communication, negotiation and relationship building skills
- Strong analytical skills and attention to detail
What you will be Offered:
- Competitive salary
- Private Medical cover - for you and your family
- Excellent Company pension
- Life Assurance
Commercial Underwriter in Norwich employer: Employment Specialist
Contact Detail:
Employment Specialist Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Underwriter in Norwich
✨Tip Number 1
Familiarise yourself with the key players in the Commercial Insurance market, especially those in East Anglia. Understanding the major Brokers and their specific needs will help you tailor your approach and demonstrate your industry knowledge during interviews.
✨Tip Number 2
Network with professionals in the Commercial Insurance sector, particularly those who work as Underwriters or Brokers. Attend industry events or join relevant online forums to build relationships that could lead to referrals or insider information about job openings.
✨Tip Number 3
Stay updated on current market trends and challenges within the Commercial Insurance space. Being able to discuss recent developments or changes in regulations during your conversations will showcase your expertise and commitment to the field.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully built relationships with Brokers in the past. Highlighting your negotiation skills and ability to deliver tailored solutions will set you apart from other candidates and align with what the employer is looking for.
We think you need these skills to ace Commercial Underwriter in Norwich
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Commercial Insurance, particularly in Property/Casualty classes. Emphasise your relationship-building skills and any relevant achievements that demonstrate your ability to underwrite effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how you've successfully negotiated terms with Brokers or analysed market trends in previous positions.
Highlight Remote Work Experience: Since this role allows for remote work, if you have experience working from home, be sure to mention it. Discuss how you manage your time and maintain communication with colleagues and clients in a remote setting.
Showcase Analytical Skills: In your application, provide examples of how your strong analytical skills have led to profitable underwriting decisions. This could include specific cases where your analysis directly impacted business outcomes.
How to prepare for a job interview at Employment Specialist
✨Know Your Commercial Insurance Basics
Brush up on your knowledge of commercial insurance, especially in Property and Casualty classes. Be prepared to discuss specific risks and underwriting principles relevant to the role, as this will demonstrate your expertise and confidence.
✨Showcase Your Relationship-Building Skills
Since the role involves collaborating closely with Brokers, be ready to share examples of how you've successfully built and maintained professional relationships in the past. Highlight any specific instances where your relationship management led to successful outcomes.
✨Prepare for Negotiation Scenarios
Expect to discuss negotiation tactics during the interview. Prepare examples of how you've negotiated terms with Brokers or clients in previous roles, focusing on how you achieved win-win situations while aligning with company guidelines.
✨Demonstrate Analytical Thinking
Be ready to showcase your analytical skills by discussing how you've evaluated risks and made underwriting decisions based on market trends. Consider preparing a case study or example that illustrates your thought process and attention to detail.