Development Underwriter in City of London

Development Underwriter in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
Avencia Consulting Services

At a Glance

  • Tasks: Underwrite and grow a diverse Financial Lines portfolio while building strong broker relationships.
  • Company: Join a leading insurer focused on expanding their Financial Lines division.
  • Benefits: Competitive salary, professional development, and opportunities for career advancement.
  • Why this job: Make a real impact in the insurance industry by driving new business opportunities.
  • Qualifications: Experience in Financial Lines underwriting and strong relationship-building skills.
  • Other info: Dynamic role with a focus on collaboration and professional growth.

The predicted salary is between 36000 - 60000 £ per year.

Avencia are partnered with a leading insurer who are investing in the growth of their Financial Lines division and are looking to recruit a Development Underwriter. This role will focus on expanding a Financial Lines portfolio across Professional Indemnity, D&O, Technology and other specialist risks. You will work closely with broker partners to develop new business opportunities and support profitable growth across an established regional market.

Key responsibilities

  • Underwrite and convert new business across complex Professional and Management risks
  • Build and maintain strong relationships with broker partners
  • Conduct broker meetings and represent the business at market events
  • Maintain accurate pipeline and activity records within internal systems
  • Identify regional growth opportunities and collaborate with internal teams to deliver outcomes
  • Support colleagues and contribute to a consistent underwriting approach across the team
  • Provide insight to support development of the wider Financial Lines proposition

Skills & experience

  • Experience underwriting within Financial Lines or Professional Indemnity
  • A track record of developing broker relationships and generating new business
  • Strong commercial judgement, negotiation and trading skills
  • Confident communication and stakeholder management ability
  • High level of professionalism and attention to detail
  • Progress towards DIP CII / ACII (or qualified) preferred
  • Motivated and proactive approach to portfolio growth

Development Underwriter in City of London employer: Avencia Consulting Services

Avencia is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration within the Financial Lines division. With a strong emphasis on building relationships and supporting employee development, team members enjoy access to ongoing training opportunities and a culture that values innovation and teamwork. Located in a thriving regional market, employees benefit from engaging with broker partners and participating in industry events, making it a rewarding place to advance your career as a Development Underwriter.
Avencia Consulting Services

Contact Detail:

Avencia Consulting Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Development Underwriter in City of London

✨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 open doors to opportunities that aren’t even advertised.

✨Tip Number 2

Show off your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your experience in Financial Lines and Professional Indemnity. Share specific examples of how you've successfully developed business in the past – it’ll make you stand out!

✨Tip Number 3

Keep your pipeline organised! Use tools to track your interactions and follow-ups with brokers. This not only helps you stay on top of your game but also shows potential employers that you’re detail-oriented and proactive about managing your portfolio.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you land that Development Underwriter role. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you that job!

We think you need these skills to ace Development Underwriter in City of London

Underwriting
Financial Lines Knowledge
Professional Indemnity Expertise
Broker Relationship Development
Commercial Judgement
Negotiation Skills
Trading Skills
Communication Skills
Stakeholder Management
Attention to Detail
DIP CII / ACII Progression
Proactive Approach
Portfolio Growth Strategy

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Development Underwriter role. Highlight your experience in underwriting Financial Lines and any broker relationships you've built. 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 passionate about this role and how you can contribute to our growth in the Financial Lines division. Keep it engaging and relevant to the job description.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! If you've successfully converted new business or identified growth opportunities, let us know. Numbers and specific examples can really make your application stand out.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it shows you're keen on joining our team!

How to prepare for a job interview at Avencia Consulting Services

✨Know Your Financial Lines Inside Out

Make sure you brush up on your knowledge of Financial Lines, especially Professional Indemnity and D&O. Be ready to discuss recent trends and challenges in the market, as this will show your passion and expertise in the field.

✨Build Rapport with Brokers

Since the role involves working closely with broker partners, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully developed broker relationships in the past and be ready to discuss your approach to maintaining those connections.

✨Showcase Your Commercial Judgement

Be prepared to discuss specific scenarios where you've had to make tough underwriting decisions. Highlight your negotiation skills and how you've balanced risk with profitability, as this is crucial for the role.

✨Demonstrate Proactivity and Motivation

Employers love candidates who take initiative. Share examples of how you've identified growth opportunities in previous roles and what steps you took to capitalise on them. This will illustrate your proactive approach to portfolio growth.

Development Underwriter in City of London
Avencia Consulting Services
Location: City of London

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