At a Glance
- Tasks: Underwrite complex new business and build strong broker relationships.
- Company: Leading insurer with a focus on professional indemnity policies.
- Benefits: Hybrid role with competitive salary and opportunities for growth.
- Other info: Work from various UK locations and enjoy a supportive coaching culture.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Experience in professional indemnity underwriting or broking is essential.
The predicted salary is between 36000 - 60000 £ per year.
Avencia are partnered with a leading insurer who are looking to recruit a Financial Lines Underwriter. This is a hybrid role and can sit in any of their UK office locations: Manchester, Leeds, Birmingham, and London.
The role focuses on generating new business across a diverse range of professional indemnity policies, including life science and technology, with a strong emphasis on building and maintaining strong broker relationships. This role is suited to motivated, results-driven individuals with expertise and a desire to help build a market-leading business.
Key responsibilities
- Deliver high-quality underwriting in line with company guidelines and authority levels to meet profitability targets.
- Underwrite complex new business within authority and work towards agreed financial goals.
- Provide an efficient new business service to brokers to maintain strong relationships and secure opportunities.
- Keep broker data accurate and up to date in the CRM system.
- Work with the team to identify and progress prospects from the broker panel, recording activity in line with CRM procedures.
- Support a coaching culture that encourages consistent, high-quality underwriting across the team.
- Build pipeline with partner brokers to drive growth.
- Collaborate with internal teams to deliver strong outcomes for brokers and their clients.
Skills & experience
- Professional indemnity underwriting or broking experience (essential)
- Proven track record of building strong broker relationships and achieving targets
- Excellent communication skills
- Strong IT skills, including MS Office (Word, PowerPoint) and CRM systems, with a willingness to learn new tools
- Demonstrated ability to win business while maintaining underwriting discipline
Financial Lines Underwriter in Manchester employer: Avencia Consulting Services
At Avencia, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our hybrid working model allows you to thrive in any of our UK office locations, including Manchester, Leeds, Birmingham, and London, while enjoying comprehensive benefits and ample opportunities for professional growth. Join us to be part of a supportive team that values your contributions and encourages you to excel in your career as a Financial Lines Underwriter.
Contact Details:
Avencia Consulting Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Lines Underwriter in Manchester
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Avencia Consulting Services). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Avencia Consulting Services. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Financial Lines Underwriter in Manchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Avencia Consulting Services.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Avencia Consulting Services. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Avencia Consulting Services
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Avencia Consulting Services to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Avencia Consulting Services, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Avencia Consulting Services's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
