At a Glance
- Tasks: Deliver efficient underwriting services and build strong broker relationships.
- Company: Dynamic insurance company focused on collaboration and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth in a collaborative and dynamic setting.
- Why this job: Join a team that empowers others and drives real change in the 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 possibility.
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.
Underwriter in Bristol employer: Arch Insurance (UK) Limited
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As an Underwriter, you will benefit from strong professional development opportunities, a supportive team environment, and the chance to build meaningful relationships with key brokers in the region, all while contributing to our mission of enabling possibility for our clients and communities.
Contact Details:
Arch Insurance (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in Bristol
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially brokers. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. Building those relationships can really help you stand out.
✨Tip Number 2
Show off your negotiation skills! When you get the chance to chat with potential employers, highlight your experience in managing broker relationships and how you've successfully navigated tough negotiations in the past.
✨Tip Number 3
Stay sharp on technical knowledge! Make sure you're up-to-date with the latest underwriting trends and market intelligence. This will not only boost your confidence but also impress interviewers when you discuss relevant issues.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. It shows initiative and gives you a better chance of landing that interview. Plus, you’ll find all the info you need about the role right there!
We think you need these skills to ace Underwriter in Bristol
Some tips for your application 🫡
Show Your Experience:Make sure to highlight your underwriting experience in your application. We want to see how your background aligns with the role, so don’t hold back on showcasing your proven track record and broker relationships!
Tailor Your Application:Take a moment to customise your application for this specific role. Use the job description as a guide to emphasise your skills in negotiation and risk selection, showing us why you’re the perfect fit for our team.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so make sure your key achievements and experiences shine through without unnecessary fluff.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Arch Insurance (UK) Limited
✨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 industry. This will show that you're not just experienced but also up-to-date with current practices.
✨Build Rapport with Brokers
Since this role involves maintaining strong relationships with brokers, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully collaborated with brokers in the past and be ready to discuss your approach to negotiation.
✨Showcase Your Achievements
Be prepared to talk about your track record in underwriting. Highlight specific instances where you've met or exceeded targets, managed risks effectively, or contributed to team success. Numbers speak volumes, so if you can quantify your achievements, do it!
✨Collaborate and Communicate
This role requires working across functions, so think about how you can illustrate your collaborative skills. Prepare examples of how you've worked with claims or survey teams in the past, and be ready to discuss how you communicate effectively with different stakeholders.
