At a Glance
- Tasks: Lead the development of innovative underwriting strategies in a dynamic insurance environment.
- 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 leading a passionate 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 36000 - 60000 £ per year.
MRWIS Limited, a division of Marley Risk Consultants Limited, is at the forefront of innovation in the Structural Warranty Insurance sector. We are seeking an experienced and visionary underwriter to shape and steer the underwriting discipline of a new line of business within the latent defect insurance sector.
This role offers 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.
Join us in shaping the future of construction insurance. The UK construction industry is embracing new technologies and sustainable practices, and as a Senior Underwriter at MRWIS, you will be at the forefront of this evolution.
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.
- 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.
- 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.
- 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.
- 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 employer: AmTrust International
Contact Detail:
AmTrust International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching MRWIS and the construction insurance sector. Show us you’re not just another candidate; demonstrate your passion for innovation and strategic thinking.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with our goals at MRWIS. We want to hear how you can contribute to shaping the future of construction insurance.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in developing new lines of business and your leadership skills, as these are key for us at MRWIS.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about innovation in the construction insurance sector. Share specific examples of how you've driven change in previous roles to grab our attention!
Showcase Your Strategic Vision: In your application, emphasise your strategic thinking abilities. We want to see how you can contribute to shaping our underwriting function and driving market expansion.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with MRWIS.
How to prepare for a job interview at AmTrust International
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting principles and risk assessment models. Be ready to discuss how you've developed new lines of business in the past, especially in Structural Warranty Insurance. This shows you're not just familiar with the basics but can also innovate.
✨Showcase Your Leadership Skills
Since this role involves team building and mentoring, prepare examples of how you've successfully led teams before. Talk about your approach to fostering a culture of excellence and collaboration. They’ll want to see that you can inspire and motivate others.
✨Be Strategic and Visionary
Think about the future of construction insurance and how you can contribute to it. Prepare to share your strategic vision for the underwriting function and how you plan to align it with market opportunities. This will demonstrate your forward-thinking mindset.
✨Engage with Industry Trends
Stay updated on the latest technologies and trends in the construction industry. Be ready to discuss how you would integrate innovations like AI risk assessment tools into underwriting practices. This shows you’re not just keeping up but are eager to lead the charge.