Development Underwriter

Development Underwriter

Full-Time 90000 - 210000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead international underwriting strategies and secure new business opportunities.
  • Company: Join an innovative MGA focused on global market expansion and entrepreneurial growth.
  • Benefits: Enjoy flexible hybrid working, competitive salary, performance bonuses, and equity options.
  • Why this job: Make a significant impact on company growth while enjoying autonomy and rewards.
  • Qualifications: Experience in international underwriting and strong analytical skills required.
  • Other info: Fluency in English is essential; additional languages are a bonus.

The predicted salary is between 90000 - 210000 £ per year.

UNDERWRITER - FINANCIAL LINES OR PROFESSIONAL RISKS

SALARY NEGOTIABLE (up to Circa £150,000)

LONDON BASED - FLEXIBLE HYBRID WORKING

THE OPPORTUNITY:

I am working with an innovative MGA seeking to expand their presence in international markets. Their entrepreneurial spirit and commitment to excellence have positioned us for significant growth, and we're looking for a key player to drive our expansion. They are seeking an experienced International Underwriter to join our team and lead our efforts in developing new business across global markets. This role offers substantial autonomy and the potential for significant reward for the right candidate.

KEY RESPONSIBILITIES:

  • Develop and execute underwriting strategies for international markets
  • Identify, pursue, and secure new business opportunities
  • Manage and grow relationships with existing and prospective clients
  • Analyse and price complex risks across various international jurisdictions
  • Collaborate with brokers and reinsurers to structure innovative solutions
  • Contribute to the development of new products and expansion into new territories

QUALIFICATIONS:

  • Proven track record in international underwriting
  • In-depth knowledge of global insurance markets and regulatory environments
  • Strong analytical skills and ability to assess complex risks
  • Excellent relationship-building and negotiation skills
  • Fluency in English; additional languages are a plus

WHAT SETS YOU APART:

  • An existing book of business that you can bring to the MGA
  • A network of international contacts and potential clients
  • Experience in multiple lines of business or specialty risks
  • Entrepreneurial mindset and ability to thrive in a dynamic environment

COMPENSATION:

Salary is highly negotiable and will be commensurate with experience, skills, and most importantly, your ability to contribute to our growth. We offer a competitive base salary, performance-based bonuses, and an attractive equity package for exceptional candidates who can demonstrate their value.

TO APPLY:

If you are a results-driven underwriter with a global perspective and the ability to bring new business to our firm, we want to hear from you. This role offers the unique opportunity to significantly impact our company's growth trajectory and be rewarded accordingly.

Submit your CV today for immediate consideration.

Development Underwriter employer: Get-Recruited (UK) Ltd

Join an innovative MGA in London that champions entrepreneurial spirit and excellence, offering a flexible hybrid working environment. With a focus on international expansion, this role as a Development Underwriter provides substantial autonomy, competitive compensation, and opportunities for professional growth, making it an ideal place for ambitious individuals looking to make a significant impact in the global insurance market.
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Contact Detail:

Get-Recruited (UK) Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Development Underwriter

✨Tip Number 1

Network actively within the insurance industry, especially with professionals who have experience in international underwriting. Attend industry events and seminars to meet potential contacts who could refer you to opportunities at our company.

✨Tip Number 2

Showcase your entrepreneurial mindset by discussing any innovative projects or strategies you've implemented in previous roles. This will demonstrate your ability to thrive in a dynamic environment, which is highly valued by us.

✨Tip Number 3

Prepare to discuss your existing book of business and how it can benefit our MGA. Highlight specific examples of how your network can help drive new business opportunities in international markets.

✨Tip Number 4

Familiarise yourself with the latest trends and regulatory changes in global insurance markets. Being well-informed will not only help you in interviews but also show us that you're proactive and committed to staying ahead in the industry.

We think you need these skills to ace Development Underwriter

International Underwriting Experience
Knowledge of Global Insurance Markets
Regulatory Compliance Understanding
Strong Analytical Skills
Risk Assessment
Relationship-Building Skills
Negotiation Skills
Business Development
Client Management
Product Development
Fluency in English
Entrepreneurial Mindset
Networking Skills
Ability to Work Autonomously

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in international underwriting and showcases your analytical skills. Emphasise any existing book of business and your network of international contacts, as these are key selling points for this role.

Craft a Compelling Cover Letter: Write a cover letter that reflects your entrepreneurial mindset and ability to thrive in dynamic environments. Discuss how your previous experiences align with the responsibilities outlined in the job description, particularly in developing new business opportunities.

Highlight Relevant Qualifications: In your application, clearly outline your qualifications and any additional languages you speak. This is important as fluency in English is required, and additional languages can set you apart from other candidates.

Showcase Relationship-Building Skills: Provide examples in your application of how you've successfully managed and grown relationships with clients in the past. This will demonstrate your strong negotiation skills and ability to secure new business, which are crucial for this position.

How to prepare for a job interview at Get-Recruited (UK) Ltd

✨Showcase Your International Experience

Make sure to highlight your previous experience in international underwriting. Discuss specific markets you've worked in and how you navigated their unique regulatory environments.

✨Demonstrate Analytical Skills

Prepare to discuss complex risks you've assessed in the past. Be ready to explain your analytical process and how it led to successful outcomes in underwriting decisions.

✨Build Rapport with Interviewers

Since relationship-building is key in this role, practice engaging with your interviewers. Show your interpersonal skills by asking insightful questions and actively listening to their responses.

✨Bring Your Network to the Table

If you have an existing book of business or a network of international contacts, be sure to mention this during the interview. Explain how these connections can benefit the company’s growth and expansion efforts.

Development Underwriter
Get-Recruited (UK) Ltd
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