Senior Underwriter in London

Senior Underwriter in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the development of innovative underwriting strategies in the construction insurance sector.
  • Company: Join MRWIS Limited, a pioneering force in Structural Warranty Insurance.
  • Benefits: Enjoy competitive pay, flexible working, and comprehensive benefits including gym membership.
  • Why this job: Shape the future of construction insurance while building a dynamic team.
  • Qualifications: 10+ years in underwriting with strong leadership and strategic skills.
  • Other info: Be part of a collaborative culture that values innovation and professional growth.

The predicted salary is between 48000 - 72000 £ per year.

MRWIS Limited, a division of Marley Risk Consultants Limited, is at the forefront of innovation in the Structural Warranty Insurance sector. As a dynamic Managing General Agent (MGA) based in the UK, MRWIS specialises in crafting bespoke insurance solutions that empower the construction industry to reach new heights. We are embarking on an ambitious journey to develop a new line of business within the latent defect insurance sector and are seeking an experienced and visionary underwriter to shape and steer the underwriting discipline of this exciting new venture.

This is more than a senior underwriting position; it is an opportunity to play a part in building something from the ground up. As our Senior Underwriter, you will manage the continued development of the underwriting function, design strategies, establish processes, and recruit a team of underwriting support officers. If you are a strategic thinker with a passion for innovation and leadership, this role offers a platform to make a lasting impact.

The UK construction industry is on the cusp of transformative change, embracing new technologies and sustainable practices. As a Senior Underwriter at MRWIS, you will be at the forefront of this evolution, playing a critical role in supporting innovative projects and safeguarding their success.

Key Responsibilities
  • Strategic Development: Continued development of the underwriting function, focused on Structural Warranty Insurance, aligning with our growth objectives and market opportunities.
  • Team Building: Recruit, mentor, and lead a team of underwriting support officers, fostering a culture of excellence, collaboration, and continuous improvement.
  • Underwriting Leadership: Develop underwriting guidelines, risk assessment models, and pricing strategies to ensure a competitive edge and profitability.
  • Market Expansion: Identify and pursue new market segments, forging strong relationships with brokers, developers, and industry stakeholders to expand our reach.
  • Influence Industry Standards: Engage with industry bodies and contribute to shaping the future of construction insurance regulations.
  • Drive Innovation: Collaborate on projects that integrate cutting-edge technologies like AI risk assessment tools and predictive analytics.
  • Innovation Integration: Incorporate cutting-edge technologies and methodologies into underwriting practices, staying ahead of industry trends and emerging risks.
  • Regulatory Compliance: Ensure all underwriting activities comply with industry regulations, legal standards, and company policies.
  • Performance Monitoring: Establish KPIs and performance metrics, regularly reviewing portfolio performance and adjusting strategies as needed.
  • Cross-Functional Collaboration: Work closely with other departments such as Claims, Finance, and Business Development, to ensure cohesive operations and strategic alignment.
Qualifications And Experience
  • Educational Background: Bachelor’s degree in Finance, Business, Risk Management, or a related field. Advanced qualifications (e.g. ACII) are highly desirable.
  • Experience: Minimum of 10 years’ experience in a similar underwriting role, with demonstrable experience in developing new lines of business within Structural Warranty Insurance or related sectors.
  • Leadership Acumen: Proven track record in building and leading high-performing teams, with strong mentorship and motivational skills.
  • Strategic Vision: Exceptional ability to develop and execute business strategies that drive growth, profitability, and innovation.
  • Technical Expertise: Deep understanding of underwriting principles, risk evaluation, and pricing models, with proficiency in advanced underwriting software and analytics tools.
  • Industry Insight: In-depth knowledge of UK construction practices, insurance regulations, and emerging trends affecting Structural Warranty Insurance.
  • Communication Skills: Outstanding interpersonal and negotiation abilities, capable of influencing senior stakeholders and representing the company at industry events.
  • Innovative Mindset: A forward-thinker who embraces change, with the ability to anticipate industry shifts and adapt accordingly.
What We Offer
  • Competitive Compensation: An attractive salary package with generous performance-based bonuses and incentives.
  • Professional Development: Access to ongoing training, industry conferences, and professional development resources.
  • Collaborative Culture: Join a team that values innovation, collaboration, and a shared passion for excellence.
  • Flexible Working: Supportive of work-life balance with options for flexible working arrangements.
  • Comprehensive Benefits: Generous company pension, company mobile phone, tools/equipment required for the performance of company duties, cycle to work scheme, tech scheme, life insurance, private medical insurance, free on-site parking (where available), EV charging points (where available), employee assistance programme, gym membership.

Senior Underwriter in London employer: AmTrust International

At MRWIS Limited, we pride ourselves on being an innovative leader in the Structural Warranty Insurance sector, offering a dynamic work environment that fosters creativity and collaboration. As a Senior Underwriter, you will not only have the opportunity to shape a new line of business but also benefit from a competitive salary, flexible working arrangements, and a strong commitment to professional development. Join us in a culture that values excellence and empowers you to make a meaningful impact in the construction industry.
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Contact Detail:

AmTrust International Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Underwriter role.

✨Tip Number 2

Prepare for interviews by researching MRWIS and the latest trends in Structural Warranty Insurance. We want to see your passion for innovation and how you can contribute to our exciting new venture!

✨Tip Number 3

Showcase your leadership skills! Be ready to discuss your experience in building and mentoring teams. We’re looking for someone who can inspire others and drive a culture of excellence.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Senior Underwriter in London

Strategic Development
Team Building
Underwriting Leadership
Market Expansion
Regulatory Compliance
Performance Monitoring
Cross-Functional Collaboration
Technical Expertise
Industry Insight
Communication Skills
Innovative Mindset
Risk Assessment
Pricing Strategies
Mentorship Skills
Advanced Underwriting Software Proficiency

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Senior Underwriter role. Highlight your strategic thinking and leadership experience, as these are key for us at MRWIS.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about innovation in the construction insurance sector and how you can contribute to our exciting new venture.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use metrics and examples to demonstrate how you've successfully developed underwriting strategies or led teams in the past.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this fantastic opportunity to shape the future of construction insurance!

How to prepare for a job interview at AmTrust International

✨Know Your Stuff

Make sure you brush up on your knowledge of Structural Warranty Insurance and the latest trends in the construction industry. Familiarise yourself with MRWIS Limited's mission and recent projects, so you can speak confidently about how your experience aligns with their goals.

✨Showcase Your Leadership Skills

As a Senior Underwriter, you'll be expected to lead and mentor a team. Prepare examples from your past experiences where you've successfully built or led teams, highlighting your strategic vision and ability to foster collaboration.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and decision-making abilities. Think of specific scenarios where you've had to develop underwriting guidelines or risk assessment models, and be ready to discuss your thought process and outcomes.

✨Engage with Industry Insights

Demonstrate your understanding of the regulatory landscape and emerging technologies in the insurance sector. Be prepared to discuss how you would integrate innovations like AI into underwriting practices, showing that you're forward-thinking and adaptable.

Senior Underwriter in London
AmTrust International
Location: London
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