At a Glance
- Tasks: Develop new business and service existing clients while maintaining underwriting standards.
- Company: Dynamic organisation focused on innovative XOL solutions in the NEUR region.
- Benefits: Competitive salary, professional development, and networking opportunities.
- Why this job: Join a team that shapes the future of XOL underwriting and builds strong broker relationships.
- Qualifications: Experience in underwriting and strong relationship-building skills.
- Other info: Exciting role with opportunities for growth and impact in the insurance industry.
The predicted salary is between 36000 - 60000 Β£ per year.
The XOL Underwriter is responsible for developing new business and servicing existing XOL clients while maintaining sound commercial and risk underwriting standards. This role involves contributing to the development of the XOL product within the NEUR region, ensuring that the underwriting practices align with the strategic goals of the organisation.
Responsibilities
- Cultivate strong relationships with brokers to generate new business inquiries, including attending market and networking events.
- Underwrite and price new business inquiries using the XoL pricing model and market knowledge.
- Conduct credit limit underwriting for prechecks to assess potential risks.
XOL UNDERWRITER in London employer: Allianz Trade in UK & Ireland
Contact Detail:
Allianz Trade in UK & Ireland Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land XOL UNDERWRITER in London
β¨Tip Number 1
Get networking! Attend industry events and connect with brokers to build those all-important relationships. The more people you know, the better your chances of landing that XOL Underwriter role.
β¨Tip Number 2
Show off your expertise! When you're chatting with potential employers or at networking events, make sure to highlight your knowledge of the XoL pricing model and your experience in risk assessment. Confidence is key!
β¨Tip Number 3
Follow up! After meeting someone at an event, drop them a quick email to thank them for their time and express your interest in opportunities. It keeps you on their radar and shows your enthusiasm.
β¨Tip Number 4
Apply through our website! Weβve got loads of resources to help you prepare for interviews and showcase your skills. Plus, itβs the best way to ensure your application gets seen by the right people.
We think you need these skills to ace XOL UNDERWRITER in London
Some tips for your application π«‘
Show Your Passion for XOL: When writing your application, let us see your enthusiasm for the XOL sector. Share any relevant experiences or insights that demonstrate your understanding of the market and how you can contribute to our goals.
Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter for the XOL Underwriter role. Highlight your experience in new business development and risk underwriting, and donβt forget to mention any relationships you've built with brokers!
Be Clear and Concise: We appreciate clarity! Keep your application straightforward and to the point. Use bullet points where necessary to make it easy for us to see your key achievements and skills related to underwriting and pricing.
Apply Through Our Website: Donβt forget to submit your application through our website! Itβs the best way for us to receive your details and ensures youβre considered for the role. Plus, it shows youβre keen on joining our team!
How to prepare for a job interview at Allianz Trade in UK & Ireland
β¨Know Your XOL Inside Out
Make sure you understand the XOL (Excess of Loss) underwriting process thoroughly. Familiarise yourself with the pricing models and risk assessment techniques. This knowledge will not only help you answer technical questions but also demonstrate your commitment to the role.
β¨Build Your Broker Relationship Skills
Since cultivating relationships with brokers is key, think of examples from your past experiences where you've successfully built strong professional relationships. Be ready to discuss how you would approach networking events and what strategies you would use to generate new business inquiries.
β¨Showcase Your Risk Assessment Abilities
Prepare to discuss your experience with credit limit underwriting and risk assessment. Bring specific examples of how you've assessed potential risks in previous roles, and be ready to explain your thought process when making underwriting decisions.
β¨Align with Strategic Goals
Research the organisation's strategic goals and be prepared to discuss how your work as an XOL Underwriter can contribute to these objectives. Showing that you understand the bigger picture will set you apart and demonstrate your alignment with their vision.