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- Tasks: Underwrite insurance risks and contribute to business plan developments.
- Company: Aspen Insurance is a globally recognised leader in the insurance industry.
- Benefits: Enjoy a supportive work environment with training opportunities and career advancement.
- Why this job: Join a collaborative team shaping the future of insurance while utilising your expertise.
- Qualifications: Extensive knowledge of Property Underwriting and strong communication skills required.
- Other info: Flexible working with 3 days in the office; competitive salary based on experience.
The predicted salary is between 34000 - 50000 £ per year.
Join to apply for the Property Underwriter role at Aspen Insurance Group 6 days ago Be among the first 25 applicants Join to apply for the Property Underwriter role at Aspen Insurance Group Direct message the job poster from Aspen Insurance Group Direct Recruiter – RWO Global Sourcing (EMEA) Job Title: Property Underwriter Job Type: Permanent, Full-Time Location: London (3 days a week in the office required) Salary: Competitive and based on experience Aspen Insurance is seeking a highly skilled Property Underwriter to join their dynamic team in London. This role offers an exciting opportunity to utilise your underwriting expertise within a globally recognised insurance company. You will be responsible for underwriting risks in accordance with the business plan and within delegated underwriting authority, with the aim of underwriting a profitable account for Aspen. This role is perfect for someone who thrives in a supportive and collaborative environment, where your knowledge and skills will be valued. * Opportunity to work with a globally recognised insurance company * Role focused on underwriting a profitable account for Aspen * Supportive and collaborative working environment What you\’ll do: * Underwrite insurance risks in accordance with the business plan and within delegated underwriting authority * Contribute to, monitor and advise on plan developments and changes to ensure relevancy, compliance and optimal delivery * Apply specific expertise to advise and guide others within the team, ensuring accuracy, good practice and adherence to prescribed standards * Respond to queries and requests as a subject matter expert within the team * Negotiate rates/terms and conditions for existing and new business * Support credit control in payment collection * Participate in the review and analysis of the portfolio to identify progress toward business objectives What you bring: * Extensive knowledge of Property Underwriting * Understanding of UK underwriting market * Technical understanding of class-specific underwriting and reinsurance parameters * Working knowledge of risk profiling, pricing tools and loss models * Strong interpersonal and communication skills * Proficient in MS Office applications e.g. Excel * Ability to manage conflicting priorities to achieve deadlines What sets this company apart: Aspen Insurance is a globally recognised insurance company known for its commitment to excellence and innovation. They offer a supportive work environment that values collaboration and inclusivity. They are dedicated to the professional growth of their employees, offering numerous training opportunities and a clear path for career advancement. Working at Aspen Insurance means being part of a team that is shaping the future of the insurance industry. What\’s next: Ready to take your underwriting career to the next level with Aspen Insurance? Apply now! We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line. 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Property Underwriter employer: Aspen Insurance Group
Contact Detail:
Aspen Insurance Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends and developments in the UK property underwriting market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work in property underwriting. Attend relevant events or join online forums to connect with others and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully underwritten risks in the past. Highlight your ability to negotiate terms and conditions, as well as your experience with risk profiling and pricing tools.
✨Tip Number 4
Research Aspen Insurance Group's values and culture. Understanding their commitment to collaboration and professional growth will allow you to tailor your responses in interviews, showing that you're a great fit for their team.
We think you need these skills to ace Property Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive knowledge of Property Underwriting and relevant experience. Use specific examples that demonstrate your understanding of the UK underwriting market and your technical skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for underwriting and your ability to thrive in a collaborative environment. Mention how your skills align with Aspen Insurance's commitment to excellence and innovation.
Highlight Relevant Skills: In your application, emphasise your strong interpersonal and communication skills, as well as your proficiency in MS Office applications. These are crucial for the role and will set you apart from other candidates.
Showcase Your Problem-Solving Abilities: Provide examples in your application of how you've managed conflicting priorities and achieved deadlines in previous roles. This will demonstrate your ability to contribute effectively to the team at Aspen Insurance.
How to prepare for a job interview at Aspen Insurance Group
✨Showcase Your Underwriting Expertise
Make sure to highlight your extensive knowledge of property underwriting during the interview. Be prepared to discuss specific examples of risks you've underwritten and how you approached those decisions.
✨Understand the UK Market
Demonstrate your understanding of the UK underwriting market. Research current trends and challenges in the industry, and be ready to discuss how they might impact Aspen Insurance's business strategy.
✨Prepare for Technical Questions
Expect technical questions related to class-specific underwriting and reinsurance parameters. Brush up on your knowledge of risk profiling, pricing tools, and loss models to confidently answer these queries.
✨Emphasise Communication Skills
Since strong interpersonal and communication skills are crucial for this role, prepare to discuss how you've effectively communicated with team members and clients in the past. Share examples that showcase your ability to negotiate and collaborate.
