Delegated Scheme Underwriter
Delegated Scheme Underwriter

Delegated Scheme Underwriter

London Full-Time 40000 - 60000 £ / year (est.) Home office (partial)
M

At a Glance

  • Tasks: Manage scheme relationships and underwrite risks for network partners.
  • Company: Join a respected UK insurer specialising in commercial insurance for SMEs.
  • Benefits: Enjoy hybrid working options and a competitive salary of £50,000 to £60,000.
  • Why this job: Be part of a dynamic team that values innovation and offers career progression.
  • Qualifications: Solid experience in UK commercial lines underwriting and relationship management required.
  • Other info: Ideal for those seeking a long-term career with growth opportunities.

The predicted salary is between 40000 - 60000 £ per year.

Social network you want to login/join with:

Summary

This is an exciting opportunity offering challenge, progression and reward.

We are proud to be working with an established and respected UK insurer. They are providers of specialist commercial insurance products to the business community, with a strong footprint in the UK SME market. In addition to offering open market underwriting solutions to broker partners they also offer delegated underwriting authority to a network of UK based cover holders.

* Schemes Underwriter / Coverholder Account Manager

Role overview

You will be joining a vibrant and dynamic team who specialise in the effective management of scheme / delegated underwriting relationships. Our client offers a professional and entrepreneurial environment where innovation, client service and technical underwriting excellence are recognised and rewarded. There is vast scope to progress and develop within this role, the team and the company. Our client is keen to meet applicants who are seeking to commit to a long-term career move and aim to grow within the organisation.

* You will assume ownership of a designated portfolio of network partners and be responsible for effective management of scheme relationships, scheme performance and revenue growth.
* Underwrite risks referred by network partners.

Requirements

The essential criteria is that you possess solid experience within UK commercial lines underwriting and have exposure to relationship management with a network of brokers partners and/or have experience managing Delegated Schemes.

What you need to know

* Location : City of London & remote – hybrid working
* Salary: £50,000 to £60,000 depending on your skill set and experience

#J-18808-Ljbffr

Delegated Scheme Underwriter employer: MW Appointments

Join a leading UK insurer that values innovation and client service, offering a vibrant work culture where your contributions are recognised and rewarded. With a strong focus on professional development, this role provides ample opportunities for career progression within a dynamic team dedicated to managing delegated underwriting relationships. Enjoy the flexibility of hybrid working in the heart of the City of London, making it an ideal environment for those seeking a meaningful and rewarding career in commercial insurance.
M

Contact Detail:

MW Appointments Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Delegated Scheme Underwriter

✨Tip Number 1

Familiarise yourself with the specific types of commercial insurance products offered by the company. Understanding their portfolio will help you speak confidently about how your experience aligns with their needs during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those involved in delegated underwriting. Attend relevant events or join online forums to gain insights and potentially make connections that could lead to referrals.

✨Tip Number 3

Prepare to discuss your previous experiences in managing relationships with brokers or coverholders. Be ready to share specific examples of how you've successfully driven performance and revenue growth in your past roles.

✨Tip Number 4

Research the company's culture and values, as they emphasise innovation and client service. Tailor your conversations to reflect how your personal values align with theirs, showcasing your commitment to a long-term career with them.

We think you need these skills to ace Delegated Scheme Underwriter

Commercial Lines Underwriting
Delegated Authority Management
Relationship Management
Portfolio Management
Risk Assessment
Revenue Growth Strategies
Technical Underwriting Skills
Communication Skills
Negotiation Skills
Analytical Skills
Attention to Detail
Problem-Solving Skills
Client Service Orientation
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in UK commercial lines underwriting and relationship management. Use specific examples that demonstrate your skills in managing delegated schemes and working with broker partners.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background aligns with their needs, particularly your experience in scheme management and your commitment to a long-term career.

Highlight Relevant Skills: In your application, emphasise key skills such as technical underwriting excellence, client service, and innovation. These are crucial for the role and should be evident in your written materials.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which is essential in the insurance industry.

How to prepare for a job interview at MW Appointments

✨Know Your Underwriting Basics

Make sure you brush up on your knowledge of UK commercial lines underwriting. Be prepared to discuss specific underwriting principles and how they apply to delegated schemes, as this will demonstrate your expertise and suitability for the role.

✨Showcase Relationship Management Skills

Since the role involves managing relationships with network partners, be ready to share examples of how you've successfully built and maintained professional relationships in the past. Highlight any strategies you've used to enhance collaboration and communication.

✨Demonstrate Your Entrepreneurial Spirit

The company values innovation and a proactive approach. Think of instances where you've taken initiative or introduced new ideas that improved processes or outcomes. This will show that you're aligned with their entrepreneurial environment.

✨Prepare Questions About Growth Opportunities

Since the role offers vast scope for progression, prepare thoughtful questions about career development within the company. This shows your commitment to a long-term career move and your interest in growing with the organisation.

Delegated Scheme Underwriter
MW Appointments
M
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>