At a Glance
- Tasks: Lead underwriting for political violence, build client relationships, and conduct audits.
- Company: Join Starr Insurance, a global leader in insurance since 1919, operating in 128 countries.
- Benefits: Enjoy first-class training, inclusive culture, and opportunities for personal growth.
- Why this job: Be part of a fast-growing company making a global impact in the insurance industry.
- Qualifications: Senior-level underwriting experience in political violence and ACII qualification required.
- Other info: Starr values diversity and is committed to creating an inclusive workplace.
The predicted salary is between 72000 - 108000 £ per year.
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Responsibilities
- Underwrite profitable business in accordance with business plans;
- Develop broker and client relationships to optimise opportunities to lead business, arranging or attending regular meetings, presentations and events;
- Conduct Peer Reviews to check the underwriting rationale, terms and conditions, pricing against Starr guidelines and the completeness of files;
- Check the business logs of coverholders and/or Binders/Lineslips to ensure that all risks are recorded and adhere to the Underwriting Strategy, Underwriting Standards, legal and regulatory requirements and sanctions restrictions;
- Conduct coverholder and/or Binder/Lineslip audits as required in order to assess the profitability of their accounts and that the cover holder is acting at all times in the best interests of Starr and Lloyd’s;
- Identify future areas of business opportunity and develop plan for growth to be reviewed and agreed by the CUO;
- Review Internal Audits and Expert Review Reports to identify and implement improvements.
Experience
- Underwriting at senior level in Political Violence;
- Advance knowledge of Political Violence class of business;
- Up-to-date knowledge of claims activity and handling to inform future underwriting decisions;
- Sound appreciation of the global insurance and reinsurance market.
Skills
- Advanced numeracy;
- Analytical and problem solving skills;
- Negotiation, judgment and decision making ability;
- Business development and marketing skills;
- Professional business writing and presentation skills;
- Team and individual management skills and practices;
- Technical coaching/training skills.
Qualifications
- ACII
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Head of Underwriting - Political Violence employer: Golden Bees
Contact Detail:
Golden Bees Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Underwriting - Political Violence
✨Tip Number 1
Network with professionals in the insurance and political violence sectors. Attend industry events, webinars, or conferences where you can meet potential colleagues or clients. Building these connections can give you insights into the company culture and the specific challenges they face.
✨Tip Number 2
Stay updated on current events related to political violence and insurance trends. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the complexities of the role and the market.
✨Tip Number 3
Prepare to discuss your previous underwriting experiences in detail, especially those related to political violence. Be ready to share specific examples of how you've successfully managed risks and developed profitable business strategies.
✨Tip Number 4
Familiarise yourself with Starr Insurance Companies' values and mission. Tailor your conversations and questions during interviews to reflect how your personal values align with theirs, showing that you're not just a fit for the role, but also for the company culture.
We think you need these skills to ace Head of Underwriting - Political Violence
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in underwriting, particularly in Political Violence. Use specific examples that demonstrate your advanced knowledge and skills relevant to the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also showcases your understanding of Starr Insurance Companies and their values. Mention how your background aligns with their goals and the responsibilities of the Head of Underwriting position.
Highlight Relevant Skills: In your application, emphasise your analytical, negotiation, and decision-making skills. Provide concrete examples of how you've successfully applied these skills in previous roles, especially in business development and marketing.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your professionalism and attention to detail, which are crucial in the insurance industry.
How to prepare for a job interview at Golden Bees
✨Understand the Political Violence Landscape
Make sure you have a solid grasp of the current trends and challenges in the political violence sector. Familiarise yourself with recent case studies and how they relate to underwriting practices, as this will demonstrate your expertise and commitment to the role.
✨Showcase Your Relationship-Building Skills
Since developing broker and client relationships is key for this position, prepare examples of how you've successfully built and maintained professional relationships in the past. Highlight any specific strategies you used to optimise business opportunities.
✨Prepare for Technical Questions
Expect to be asked about underwriting principles, risk assessment, and compliance with legal and regulatory requirements. Brush up on your technical knowledge and be ready to discuss how you would approach various underwriting scenarios.
✨Demonstrate Leadership and Team Management
As a Head of Underwriting, you'll need to lead a team effectively. Be prepared to discuss your management style, how you motivate your team, and any experiences where you've successfully coached or trained others in the field.