At a Glance
- Tasks: Source and underwrite new business opportunities in the Financial Lines sector.
- Company: World-leading insurance company with a dynamic growth trajectory.
- Benefits: Attractive salary, market-leading bonuses, and substantial pension contributions.
- Why this job: Join a rapidly growing team and make a real impact in innovative insurance solutions.
- Qualifications: Proven track record in developing new business within Financial Lines.
- Other info: Opportunities for career development and collaboration with specialist teams.
The predicted salary is between 36000 - 60000 £ per year.
We are delighted to be partnering with this world-leading insurance company that is seeking a Development Underwriter within its highly successful Financial Lines team. This company is well-renowned for providing innovative insurance solutions, and uses its ingenuity to insure risks that others can’t.
As Development Underwriter, you’ll be required to source mid-market new business opportunities within the South East region, underwriting Professional and Management risks within your defined underwriting authority. You’ll have a strong desire to be highly visible to brokers, encouraging development meetings and telephone contact. As well as leveraging your own relationships within the broker market, you’ll also work closely with the Development Director to secure profitable new relationships.
Specific duties will include, but not be limited to:
- Underwriting individual risks
- Identifying and securing scheme opportunities
- Attending networking events
- Providing input to the Head of Financial Lines reporting on broker activity and new business production
You’ll benefit from working for a company that has a truly entrepreneurial approach to underwriting, and a genuine desire to write business. For example, should you identify an attractive Financial Lines risk that is not usually underwritten by this division, you will have the opportunity to present your case to a panel for approval, as well as collaborating with other specialist teams across the business.
This is a company that is passionate about sharing the success, and rewarding its employees for their hard work. You will benefit from a highly attractive performance-related bonus scheme.
It’s essential that you have a successful track record of developing new business within the Financial Lines arena. We will consider candidates from a range of backgrounds such as Professional Indemnity, D&O / Management Liabilities, Cyber or Tech (PI). Ideally, you will have experience in a broker-facing role, although we will consider applications from New Business / Trading Underwriters who are ready to step into a broking-facing role. We will also consider applications from driven PI brokers who would like to transition into a DU role.
Crucially, you will have a proven ability to win business, whilst maintaining underwriting discipline, and as a company ambassador, you will possess first-class communication and client-management skills. You’ll be rewarded with an attractive basic salary (Negotiable, depending on experience), plus a market-leading bonus scheme and impressive corporate benefits, which include substantial pension contributions.
Senior Underwriter employer: Aston Charles Ltd
Contact Detail:
Aston Charles Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Get out there and attend industry events, meet brokers, and make connections. The more people you know, the better your chances of landing that Senior Underwriter role.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or brokers, don’t hold back on sharing your knowledge about Financial Lines. It’ll set you apart from the competition.
✨Tip Number 3
Follow up after meetings! A quick email thanking someone for their time can go a long way. It shows you’re keen and keeps you fresh in their minds when they think of candidates.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can give you an edge. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in developing new business within Financial Lines and any broker-facing roles you've had. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about this opportunity and how your background makes you a perfect fit. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Quantify your successes where possible, like how much new business you’ve brought in or any innovative solutions you’ve implemented. We’re all about results here at StudySmarter!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Aston Charles Ltd
✨Know Your Numbers
Before the interview, brush up on your key performance metrics and achievements in previous roles. Be ready to discuss specific examples of how you've successfully developed new business in the Financial Lines arena, as this will demonstrate your capability and experience.
✨Understand the Company Culture
Research the company’s entrepreneurial approach to underwriting and their innovative solutions. Familiarise yourself with their recent growth and how they differentiate themselves in the market. This knowledge will help you align your answers with their values during the interview.
✨Prepare for Broker Engagement Scenarios
Think about how you would approach building relationships with brokers. Prepare examples of past experiences where you’ve successfully engaged with brokers or clients, and be ready to discuss your strategies for securing profitable new relationships.
✨Showcase Your Communication Skills
As a Development Underwriter, strong communication is key. Practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend or mentor to refine your delivery and ensure you come across as personable and professional.