At a Glance
- Tasks: Underwrite medical malpractice risks and build strong broker relationships.
- Company: Growing MGA focused on UK medical malpractice portfolio.
- Benefits: Autonomy in your role, development opportunities, and a broad healthcare appetite.
- Other info: Join an experienced team with significant growth potential.
- Why this job: Make a real impact in the healthcare sector while developing your career.
- Qualifications: Experience in underwriting medical malpractice or healthcare risks is essential.
The predicted salary is between 45000 - 50000 £ per year.
Avencia are partnered with a growing MGA who are looking to recruit an Underwriter to continue to grow its UK medical malpractice portfolio. This is a market-facing position with a strong emphasis on developing broker relationships, generating new-business opportunities and underwriting medical malpractice risks. The organisation writes a broad range of primary and secondary healthcare risks, including GP practices, clinics, diagnostics providers and occupational health businesses. You'll join an experienced underwriting team and have considerable autonomy to manage your own broker relationships, diary and development activity.
Key responsibilities
- Develop and underwrite new UK medical malpractice business
- Build commercially successful relationships across the UK healthcare broking market
- Identify, manage and convert new-business opportunities
- Maintain an active pipeline and develop longer-term broker strategies
- Assess, price and negotiate risks within agreed underwriting authority
- Represent the business at broker, client and market meetings
- Provide technical input on policy wordings, clauses and endorsements
- Act as a referral point and share technical knowledge with colleagues
- Monitor market developments and identify opportunities for portfolio growth
- Support the continued development of underwriting guidelines and products
Skills & experience
- Experience underwriting UK medical malpractice or healthcare risks
- Demonstrable experience writing and developing new business
- Established relationships within the UK healthcare broking market
- Strong commercial, negotiation and relationship-management skills
- Comfortable representing the business externally and maintaining a visible market presence
Why join?
- A development-led role with a clear new-business mandate
- Broad UK healthcare appetite
- An established portfolio with strong retention
- Significant autonomy over broker development activity
- Opportunity to contribute to portfolio growth and future product development
Medical Malpractice Underwriter in London employer: Avencia Consulting
Join a dynamic and innovative global insurance business that prioritises employee development and engagement. With a strong focus on collaboration and continuous improvement, our work culture fosters creativity and problem-solving, offering ample opportunities for professional growth in the HR technology space. Located in a vibrant area, we provide a supportive environment where your contributions directly enhance the employee experience and drive impactful technology initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Medical Malpractice Underwriter in London
✨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.
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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). 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. 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 Medical Malpractice Underwriter in London
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.
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. 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
✨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 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, 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'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.
