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For Companies At a Glance
- Tasks: Join our Financial Lines team to underwrite UK SME Professional Indemnity business.
- Company: A leading specialist insurance business focused on creating an inclusive workplace.
- Benefits: Enjoy a competitive salary, bonuses, pension, and private medical insurance.
- Why this job: Grow your career in a dynamic environment while making a real impact in the insurance sector.
- Qualifications: Experience in Professional Indemnity is essential; CII exam progress is a plus.
- Other info: We prioritise diversity and inclusion, ensuring everyone can thrive at work.
The predicted salary is between 34000 - 42000 £ per year.
PI Assistant Underwriter
London
£40,000 – £50,000 + bonus, pension, PMI etc.
A specialist insurance business is seeking an Assistant Underwriter to join their busy Financial Lines team and specialise in Professional Indemnity.
The Assistant Underwriter will underwrite both new and existing UK SME PI business, with typical premiums between £7000 and £12,000. The role will entail research and analysis on risks, building relationships with both regional and London Market Brokers, helping to grow the portfolio and preparing policy documents.
Experience in Professional indemnity is essential for this role and the preferred candidate would be in an Underwriting Assistant role, looking to step up. Progress with CII exams would be ideal, along with excellent communication skills.
Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.
Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
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PI Assistant Underwriter employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PI Assistant Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Professional Indemnity insurance. This knowledge will not only help you during interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in underwriting or financial lines. Attend relevant events or join online forums to build connections that could lead to job opportunities.
✨Tip Number 3
Prepare to discuss specific examples of your experience with underwriting or risk analysis. Highlight any successful projects or challenges you've overcome in your current or previous roles to showcase your skills.
✨Tip Number 4
Stay updated on the CII exam requirements and consider enrolling in courses that can help you progress. Showing initiative in your professional development can set you apart from other candidates.
We think you need these skills to ace PI Assistant Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a PI Assistant Underwriter. Familiarise yourself with the specifics of underwriting Professional Indemnity insurance and the skills required for the role.
Tailor Your CV: Highlight your relevant experience in underwriting or as an Underwriting Assistant. Emphasise any specific knowledge of Professional Indemnity insurance and mention your progress with CII exams if applicable.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of the role. Mention how your skills and experiences align with the company's goals and values, particularly in relation to their commitment to diversity and inclusion.
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, which is crucial in the underwriting field.
How to prepare for a job interview at IDEX Consulting
✨Showcase Your Knowledge of Professional Indemnity
Make sure to brush up on your understanding of Professional Indemnity insurance. Be prepared to discuss key concepts, recent trends, and any relevant case studies that demonstrate your expertise in this area.
✨Demonstrate Analytical Skills
Since the role involves research and analysis on risks, be ready to provide examples of how you've successfully analysed data or assessed risks in previous roles. This will show your potential employer that you can handle the analytical demands of the position.
✨Build Rapport with Interviewers
As relationship-building is crucial in this role, practice your communication skills before the interview. Engage with your interviewers by asking insightful questions about their experiences and the company culture, which will help you connect on a personal level.
✨Highlight Your Progress with CII Exams
If you're currently pursuing or have completed CII exams, make sure to mention this during the interview. It shows your commitment to professional development and your seriousness about advancing in the underwriting field.
