At a Glance
- Tasks: Underwrite and price scheme business, analyse data, and develop pricing models.
- Company: Join Arc Legal Group, a leading ancillary insurance provider with over 20 years of experience.
- Benefits: Enjoy a collaborative environment, technical decision-making, and opportunities for professional growth.
- Other info: Ideal for those who love working with data and want to deepen their expertise.
- Why this job: Make impactful decisions in a role focused on complex underwriting and portfolio management.
- Qualifications: Proven underwriting experience and strong analytical skills are essential.
The predicted salary is between 50000 - 60000 € per year.
Arc Legal Group is a specialist provider of ancillary insurance products and services with deep knowledge and experience in each of our chosen markets. With over two decades of industry experience, we are experts in our field with superb products and market knowledge with digital innovation at the heart of our business. We are reliable, ethical, and obsessed with delivering high quality 'bespoke' products and excellent customer service.
About Arc Legal Group: Arc Legal is a market‑leading ancillary insurance provider with over 20 years’ experience delivering bespoke products and exceptional service. We currently protect over 15 million policyholders and act as a trusted partner to some of the UK’s best‑known financial services and affinity brands. Backed by the newly formed ANV Group, a strategic transaction between AmTrust Financial and Blackstone Credit using data, risk analysis and various pricing models to underwrite new and existing scheme arrangements.
You’ll be responsible for underwriting and pricing scheme business across our portfolio and work closely with our insurer capacity providers, as well as our Commercial and Product teams; discuss and underwrite technical cover queries, develop pricing proposals and review scheme performances.
Key Responsibilities Include:
- Pricing and underwriting new scheme opportunities
- Reviewing performance and profitability of existing scheme portfolios
- Analysing data including loss ratios, trends and underwriting performance
- Producing pricing models, MI and renewal recommendations
- Writing and explaining clear and considered underwriting rationales
- Working within binding authority limits and escalating referrals where required
- Maintaining strong relationships with insurer and underwriting partners as well as internal stakeholders
- Supporting the ongoing development and improvement of pricing models, underwriting processes and subject matter thought leadership
This is a highly analytical role, with significant use of Excel, and would suit someone who enjoys working with data and making complex portfolio-level underwriting decisions; rather than individual case underwriting.
About You: We’re keen to speak to candidates with strong technical underwriting capability. While experience in Legal Expenses Insurance would be ideal, it isn’t essential provided you bring the right analytical and underwriting background.
Essential:
- Proven underwriting experience within insurance
- Experience of scheme, portfolio or pricing‑led underwriting (rather than case‑by‑case)
- Strong risk assessment and analytical skills
- Advanced Excel capability, including working with large spreadsheets and data sets
- Excellent attention to detail and critical thinking skills
- Strong written and verbal communication
Desirable:
- Legal Expenses Insurance knowledge
- Experience working with scheme or delegated authority business
- Exposure to pricing or actuarial‑style underwriting work
- CII qualifications (or working towards)
Why Join Arc Legal Group?
- A genuinely technical underwriting role with real decision‑making responsibility
- Portfolio‑level exposure rather than transactional underwriting
- Opportunity to deepen expertise in schemes and complex underwriting
- Collaborative, specialist underwriting environment
Senior Schemes Underwriter in Essex employer: Arc Legal Group
Arc Legal Group is an exceptional employer that prioritises flexibility and innovation, offering a collaborative environment where employees can thrive in their technical underwriting roles. With over 20 years of industry experience, we provide ample opportunities for professional growth and development, supported by our strong relationships with leading insurers and a commitment to delivering bespoke products. Join us to be part of a team that values ethical practices and high-quality service, all while working in a dynamic and supportive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Schemes Underwriter in Essex
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those connected to Arc Legal Group. Attend events, join online forums, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical underwriting knowledge. Be ready to discuss your experience with pricing models and data analysis. We want to see how you can apply your skills to real-world scenarios, so think of examples that showcase your analytical prowess.
✨Tip Number 3
Showcase your Excel skills! Since this role involves significant use of spreadsheets, consider creating a portfolio of your work or even a sample project that highlights your ability to analyse data and produce insights. This will set you apart from other candidates.
✨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 Arc Legal Group and being part of our innovative team.
We think you need these skills to ace Senior Schemes Underwriter in Essex
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Schemes Underwriter role. Highlight your underwriting experience and any relevant skills, especially in pricing and portfolio management. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your analytical skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Excel Skills:Since this role involves significant use of Excel, don’t forget to mention your advanced Excel capabilities. If you’ve worked with large data sets or created pricing models, let us know – we’re keen on those details!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Arc Legal Group
✨Know Your Numbers
As a Senior Schemes Underwriter, you'll be dealing with data and analytics. Brush up on your understanding of loss ratios, trends, and how to interpret underwriting performance metrics. Be ready to discuss specific examples from your past experience where you used data to make informed decisions.
✨Showcase Your Technical Skills
Make sure to highlight your advanced Excel capabilities during the interview. Prepare to talk about how you've used Excel for pricing models or data analysis in previous roles. If you have any examples of complex spreadsheets you've worked on, share those to demonstrate your expertise.
✨Understand the Business
Familiarise yourself with Arc Legal Group's products and services, especially their approach to bespoke insurance solutions. Being able to articulate how your skills align with their business ethos of flexibility and high-quality service will show that you're genuinely interested in the role.
✨Prepare Thoughtful Questions
Interviews are a two-way street, so come prepared with insightful questions about the company's underwriting processes and how they collaborate with insurer partners. This not only shows your interest but also your understanding of the role's responsibilities and the importance of strong relationships in underwriting.
