At a Glance
- Tasks: Deliver efficient underwriting services and build strong broker relationships.
- Company: Join a collaborative and innovative insurance company that enables possibilities.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team culture with opportunities for career growth.
- Why this job: Solve complex problems and make a real impact in the insurance industry.
- Qualifications: 5 years of underwriting experience and strong negotiation skills.
The predicted salary is between 50000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .
Role Summary and Purpose
This role will achieve income and profit objectives through the delivery of an efficient case underwriting service to brokers through regular on-site broker development, supporting the technical management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.
Key Tasks and Responsibilities
- Service Existing Business whilst writing within risk selection, appetite and authority.
- Adherence to the 4 Call Process to maximise opportunities arising.
- Achieve Bottom Line, Top Line and Expense targets by managing and operating to the Key Performer Indicators of the region.
- Enhance Arch’s standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region’s most important brokers.
- Display strong negotiation skills that aide conversion and relationships with our key brokers.
- Maintain and enhance personal knowledge of relevant technical issues.
- Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
- Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.
Role Requirements & Skills
- Ideally at least 5 years' experience in underwriting.
- 2 Year Renewals / Existing Business Underwriting preferred.
- Proven broker relationships.
- Proven Track Record in Underwriting.
- Ability to negotiate flexibly and appropriately.
- Demonstrates a range of influencing and negotiation approaches.
- Risk perception/Risk selection skills.
- Pricing of risk accordingly.
- Successfully developing effective trading relationships.
- Consistent achieving of goals and objectives.
- Experience working across functions / matrix organisation to collaborate and build strong relationships.
- Operational effectiveness and efficiency.
- Clear and effective communication.
- Minimum A level standard preferred.
- Professional Certification – progress towards ACII preferred.
The job holder will ideally have at least 5 years’ experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Underwriter in Bristol employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter in Bristol
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with hiring managers or brokers, make sure to highlight your underwriting experience and negotiation skills. Share specific examples of how you've successfully managed risk and built strong relationships in the past.
✨Be Ready for the Call
If you’re applying through our website, keep an eye on your phone! Be prepared for a call from the recruitment team. Have your key achievements and experiences ready to discuss, so you can impress them right off the bat.
✨Follow Up
After any interview or networking event, don’t forget to follow up with a thank-you email. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate your interest in the role!
We think you need these skills to ace Underwriter in Bristol
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Underwriter role. Highlight your relevant experience in underwriting and any broker relationships you've built. We want to see how you can contribute to our goals!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your negotiation skills and risk perception. This will help us see how you fit into our collaborative culture.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that are easy to read. Make sure to communicate your achievements effectively without unnecessary fluff!
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 the role. Plus, you can easily keep track of your application status!
How to prepare for a job interview at Arch Capital Group
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge before the interview. Understand the key principles of risk selection and pricing, as well as any recent trends in the commercial insurance industry. This will show that you're not just experienced but also current with market developments.
✨Build Rapport with Brokers
Since strong broker relationships are crucial for this role, think about how you can demonstrate your interpersonal skills during the interview. Share examples of how you've successfully built and maintained these relationships in the past, and be ready to discuss your negotiation strategies.
✨Showcase Your Collaborative Spirit
This company values collaboration, so be prepared to talk about times when you've worked effectively across different teams. Highlight specific instances where your teamwork led to successful outcomes, especially in relation to claims or survey teams.
✨Prepare for Technical Questions
Expect some technical questions related to underwriting processes and decision-making. Practise articulating your thought process clearly and concisely. Being able to explain your approach to risk perception and selection will set you apart from other candidates.