At a Glance
- Tasks: Deliver efficient underwriting services and build strong broker relationships.
- Company: Dynamic insurance company focused on growth and collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career advancement in a structured and organised setting.
- Why this job: Join a team where your negotiation skills can shine and make a real impact.
- Qualifications: 5 years' experience in underwriting and strong interpersonal skills required.
The predicted salary is between 50000 - 60000 £ per year.
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 aid 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.
Underwriter in Bristol employer: Arch Insurance
Contact Detail:
Arch Insurance Recruiting 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 set you apart.
✨Tip Number 2
Practice your negotiation skills! Role-play scenarios with friends or colleagues to get comfortable. The better you are at negotiating, the more likely you’ll impress potential employers with your ability to manage broker relationships.
✨Tip Number 3
Stay updated on market trends and technical issues in underwriting. Subscribe to relevant newsletters or join professional groups. This knowledge will not only help you in interviews but also show that you’re proactive and engaged in your field.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure your application reflects your experience and how you can contribute to our goals. Let’s make it happen together!
We think you need these skills to ace Underwriter in Bristol
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 broker relationships you've built over the years. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our goals. Don’t forget to mention your negotiation skills and how you’ve achieved targets in the past.
Showcase Your Technical Knowledge: We love candidates who are up-to-date with industry trends! Include any relevant certifications or training you've completed, especially if you're working towards ACII. This shows us you're committed to your professional development.
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 gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Arch Insurance
✨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 up-to-date with the latest developments.
✨Build Rapport with Brokers
Since the role involves maintaining strong relationships with brokers, 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 Achievements
Prepare 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. Use metrics if possible to quantify your achievements, as this will make your contributions more tangible.
✨Collaborate and Communicate
This role requires working across functions, so be ready to discuss how you've collaborated with other teams in previous roles. Think of examples where effective communication led to successful outcomes, especially with claims and survey teams, as this will demonstrate your ability to work within a matrix organisation.