At a Glance
- Tasks: Provide top-notch service to clients while managing renewals and new business.
- Company: Join a member-owned insurance mutual focused on outdoor activities and adventure education.
- Benefits: Enjoy competitive pay, professional development, and a supportive team environment.
- Other info: Dynamic role with opportunities for growth and learning in a vibrant industry.
- Why this job: Make a real difference in the adventure sector while developing your underwriting skills.
- Qualifications: Experience in underwriting or broking, with strong communication and organisational skills.
The predicted salary is between 35000 - 45000 € per year.
Activities Industry Mutual (AIM) is a member-owned insurance mutual established to provide specialist liability and related insurance cover to organisations operating within the outdoor activities and adventure education sector. AIM provides cover to a wide range of activity providers, including outdoor education centres, watersports operators, climbing providers and freelance instructors. AIM is managed by Thomas Miller, an international insurance services provider with a long-established reputation for managing specialist and member-owned insurance mutuals.
Overall Objective of Role
Responsible for the provision of 1st class service to Mutual clients and its members. This includes managing renewals, new business and mid-term adjustments, under the authorities delegated by the supporting insurers for each Mutual. The team is responsible for managing and developing relationships with insurers, brokers and mutual members according to the scope of their role; ensuring that systems and processes support and adhere to underwriting and regulatory requirements. This role may provide technical support for other employees within the business as and when required and within underwriting authority.
Specific Responsibilities
- Dealing with allocated renewals lists (some are automated, and some require individual underwriting process).
- Acting as a technical referral point within the team – taking referrals from other employees on renewals, new business and MTAs.
- Project work - assisting Mutual Manager with reviewing policy wordings, creation of client letters, schedules, review of insurance documents, etc.
- Fulfilment of pricing as required by the Actuarial Department in accordance with the Company’s underwriting guidelines.
- Monitoring the performance of underwriting business and to assist with the provision of reports to the Mutual Manager and other departments as required.
- Ensure that the Company’s underwriting philosophies and procedures are understood and adhered to.
- To ensure accurate and timely decision making on new business and renewal quotations to achieve agreed service standards in conjunction with the appropriate Mutual Manager and Head of Underwriting.
- Coordinating with the Claims department to keep informed of any claims trends/ losses.
- Responsible for maintaining accurate underwriting guidelines.
- May be responsible for technical skills training and ongoing development of front-line employees.
- May be responsible for carrying out quality checking and a structured audit procedure on front-line staff’s underwriting delegated authority.
- Remain vigilant to the potential opportunities for financial crime, fraud and money laundering and take actions appropriate to mitigate their likelihood and impact.
- Any other responsibilities or objectives above and beyond this role profile that are required and are within the competence of the role holder.
Person Specification
- CII qualifications up to ACII (or equivalent) is preferred.
- Experience of working within an Underwriting or Broker function.
- A sound understanding of Liability and Property Insurance.
- A detailed understanding, and experience of, the commercial property and liability markets.
- Excellent organisational skills and attention to detail.
- Excellent communication skills, with the ability to work with others internally and externally.
- The ability to negotiate and influence results.
- The ability to assess technical risk, apply that knowledge to and make sound decisions within authority level(s).
- The ability to demonstrate the building and maintaining of internal and external relationships.
- The ability to demonstrate meeting and exceeding personal objectives and company-wide targets.
- An awareness of the market and legal/industry developments which could affect the writing of business.
- Proven knowledge and understanding of technical Underwriting, including reserving, earning models, IBNR and their practical application to pricing.
- Highly computer literate with experience of MSO packages.
- Good problem-solving skills and the experience to prioritise work and meet specified deadlines.
Underwriter in Kent employer: Activities Industry Mutual (AIM)
Activities Industry Mutual (AIM) is an exceptional employer, offering a dynamic work environment where employees are encouraged to develop their skills and grow within the insurance sector. With a strong focus on collaboration and support, AIM provides comprehensive training opportunities and fosters a culture of teamwork, ensuring that every team member feels valued and empowered. Located in a vibrant area, AIM not only champions the outdoor activities sector but also promotes a healthy work-life balance, making it an ideal place for those seeking meaningful and rewarding employment.
Contact Detail:
Activities Industry Mutual (AIM) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in Kent
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance and underwriting sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss liability and property insurance confidently. We recommend practising common interview questions and even role-playing with a friend to nail down your responses.
✨Tip Number 3
Showcase your organisational skills! During interviews, share examples of how you've managed renewals or handled complex underwriting processes. This will demonstrate your attention to detail and ability to meet deadlines, which are crucial for the Underwriter role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining AIM and contributing to their mission in the outdoor activities sector.
We think you need these skills to ace Underwriter in Kent
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in underwriting or broker functions, and don’t forget to showcase your understanding of liability and property insurance. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the outdoor activities sector and how your background makes you a great fit for AIM. Keep it engaging and relevant to the job description – we love a good story!
Show Off Your Communication Skills:Since this role involves a lot of relationship management, make sure to demonstrate your excellent communication skills in your application. Whether it’s through your CV or cover letter, let us know how you’ve successfully worked with others in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company there!
How to prepare for a job interview at Activities Industry Mutual (AIM)
✨Know Your Underwriting Basics
Make sure you brush up on your understanding of liability and property insurance. Familiarise yourself with the commercial property and liability markets, as well as the specific underwriting philosophies and procedures of the company. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Showcase Your Communication Skills
Since this role involves managing relationships with insurers, brokers, and mutual members, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex information in previous roles. This will demonstrate your ability to work collaboratively and influence outcomes.
✨Prepare for Technical Questions
Expect questions that assess your technical risk assessment skills and decision-making abilities. Be ready to discuss your experience with pricing, reserving, and IBNR. Think of scenarios where you had to make tough decisions and how you approached them, as this will highlight your problem-solving skills.
✨Demonstrate Your Organisational Skills
The role requires excellent organisational skills and attention to detail. Prepare to discuss how you manage your workload, prioritise tasks, and meet deadlines. You might even want to bring a sample of your work or a project you've managed to illustrate your capabilities.
