At a Glance
- Tasks: Assess risks, price exposures, and manage policies in a collaborative environment.
- Company: Join a forward-thinking company that inspires progress and innovation.
- Benefits: Enjoy competitive pay, professional growth, and a supportive team culture.
- Other info: Dynamic role with opportunities for networking and career advancement.
- Why this job: Make a real impact by enabling possibilities for clients and communities.
- Qualifications: Experience in underwriting and strong analytical skills required.
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℠.
Underwriting position within the PI team requires an experienced underwriter in the PI class. Role will support the Line of Business Head in the marketing, underwriting and servicing of business.
Key Responsibilities- Assessment of suitability of risks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.
- Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements; and any / all other publicly available information.
- Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.
- Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.
- Oversee risks through the life-cycle of a policy: pre-renewal, renewal, ongoing management.
- Provide best in class service to internal and external stakeholders.
- Perform marketing activities including maintenance of key producer and client relationships.
- Regularly meet with clients formally and informally.
- Keep up to date pertinent market developments.
- Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
- Support LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.
- Technical and analytical skills
- Client focus
Underwriter, Professional Liability in Essex employer: Arch Insurance (UK) Limited
As an Underwriter in our Professional Liability team, you will thrive in a collaborative and innovative environment that champions employee growth and development. Our commitment to enabling possibility extends beyond our clients to our employees, offering comprehensive training, mentorship opportunities, and a supportive culture that values your contributions. Located in a vibrant area, we provide a dynamic workplace where your expertise can flourish, making a meaningful impact on both the business and the community.
Contact Detail:
Arch Insurance (UK) Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Professional Liability in Essex
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend local events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We want you to show how your skills align with their values. Practice common interview questions and have your own ready to ask!
✨Tip Number 3
Follow up after interviews! A simple thank-you email can set you apart from other candidates. We recommend mentioning something specific from your conversation to keep you fresh in their minds.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Underwriter, Professional Liability in Essex
Some tips for your application 🫡
Show Your Expertise:When applying for the Underwriter position, make sure to highlight your experience in professional liability. We want to see how your skills align with our need for someone who can assess risks and price exposures effectively.
Tailor Your Application:Don’t just send a generic CV and cover letter! Customise your application to reflect the specific responsibilities mentioned in the job description. We love seeing candidates who take the time to connect their experiences with what we’re looking for.
Be Clear and Concise:Keep your writing clear and to the point. We appreciate well-structured applications that are easy to read. Make sure to communicate your thoughts effectively, especially when discussing your previous roles and achievements.
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, it shows us you’re keen on joining our team!
How to prepare for a job interview at Arch Insurance (UK) Limited
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of professional liability underwriting. Be ready to discuss specific risks, pricing models, and how you assess suitability for new and renewal business. Showing that you understand the technical aspects will impress your interviewers.
✨Showcase Your Collaborative Spirit
Since the company values collaboration, be prepared to share examples of how you've worked with different departments in the past. Talk about times when you liaised with claims, actuarial, or operations teams to achieve a common goal. This will demonstrate that you fit well within their culture.
✨Stay Updated on Market Trends
Keep yourself informed about the latest developments in the professional liability market. Bring up recent news or trends during your interview to show that you're proactive and engaged in the industry. This can also lead to insightful discussions with your interviewers.
✨Prepare Questions for Them
Interviews are a two-way street, so think of some thoughtful questions to ask your interviewers. Inquire about their approach to risk assessment or how they maintain relationships with clients. This shows your genuine interest in the role and helps you gauge if the company is the right fit for you.
