At a Glance
- Tasks: Manage underwriting cases and collaborate with brokers to achieve financial goals.
- Company: Dynamic insurance company focused on collaboration and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Great opportunity for career growth and building strong professional relationships.
- Why this job: Join a team that enables possibilities and makes a real impact in the insurance industry.
- Qualifications: 2+ years in underwriting, strong negotiation skills, and effective communication.
The predicted salary is between 35000 - 45000 £ 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℠.
To achieve income and profit objectives through the delivery of efficient case underwriting, ensuring that all underwriting decisions align with internal guidelines, appetite and regulatory requirements. Working closely with brokers and internal stakeholders to achieve divisional strategy, financial plan and personal objectives.
Key Tasks And Responsibilities
- Manage own cases (renewal and/or new business), writing within appetite, and underwriting authority.
- Handle referral cases for Underwriters/Apprentices with less experience, whilst adhering to individual authority level.
- Maintain accurate records and documentation of underwriting decisions.
- Support the Company’s QA procedures by conducting case reviews, when required, to ensure that technical procedures and standards are followed.
- Work towards divisional retention, conversion, rate and loss ratio targets.
- Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.
- Display strong negotiation skills that aide conversion and relationships with all key brokers.
- Maintain and enhance personal knowledge of relevant technical topics.
- Work collaboratively with other parts of the organisation, most notably the UKR regional offices.
Role Requirements & Skills
Skills / Competencies
- At least 2 years' experience in underwriting
- Being able to negotiate flexibly and appropriately
- Effective selling skills
- Strong organisational skills
- Risk perception
- Pricing of risk accordingly
- Successfully developing effective trading relationships
- Consistently achieving goals and objectives
- Experience working across functions / matrix organisation to collaborate and build strong relationships
- Operational effectiveness and efficiency
- Clear and effective communication
Qualifications
- Minimum A level standard preferred
- Professional Certification – progress towards Cert CII preferred
Experience
The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.
National Underwriting Hub Underwriter - Motor Biased in Manchester 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 a National Underwriting Hub Underwriter, you will benefit from a supportive environment that encourages professional growth through continuous learning and strong relationships with brokers. Our commitment to excellence not only drives our success but also enhances your career trajectory in the dynamic field of commercial insurance.
Contact Details:
Arch Insurance (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land National Underwriting Hub Underwriter - Motor Biased in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with underwriting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your negotiation skills and understanding of risk perception. We want you to showcase how you can effectively manage cases and build strong relationships with brokers.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. Check out our website for opportunities that resonate with your career goals and where you can truly make an impact.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace National Underwriting Hub Underwriter - Motor Biased in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience and any relevant qualifications, like Cert CII, to show us you’re a great fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about underwriting and how you can contribute to our goals. Mention specific examples of your negotiation skills or successful case management to make your application stand out.
Showcase Your Collaboration Skills:Since we value collaboration, share experiences where you’ve worked closely with brokers or other teams. This will demonstrate your ability to build strong relationships and work towards common objectives.
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 underwriting knowledge, especially in the motor insurance sector. Familiarise yourself with key concepts, risk assessment techniques, and the latest industry trends. This will not only show your expertise but also demonstrate your commitment to the role.
✨Show Off Your Negotiation Skills
Since strong negotiation skills are crucial for this position, prepare examples from your past experiences where you successfully negotiated terms or built relationships with brokers. Be ready to discuss how you can apply these skills to enhance Arch’s standing nationally.
✨Get Organised
With a focus on managing cases and maintaining accurate records, it’s essential to showcase your organisational skills. Bring along a structured plan or system you’ve used in previous roles to manage your workload effectively. This will highlight your operational effectiveness.
✨Collaborate Like a Pro
This role requires working closely with various stakeholders, so be prepared to discuss how you’ve successfully collaborated across functions in the past. Share specific examples of how you’ve built strong relationships and contributed to team goals, as this aligns perfectly with the company culture.
