At a Glance
- Tasks: Underwrite medical malpractice risks and build strong broker relationships.
- Company: Established organisation with a focus on UK healthcare portfolio growth.
- Benefits: Competitive salary, autonomy in role, and opportunities for professional development.
- Other info: Opportunity to contribute to portfolio growth and future product development.
- Why this job: Join a dynamic team and make a real impact in the healthcare sector.
- Qualifications: Experience in underwriting medical malpractice or healthcare risks is essential.
The predicted salary is between 40500 - 49500 £ per year.
Avencia are partnered with an established organisation looking to recruit an Underwriter to continue to grow its UK healthcare 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
- A development-led role with a clear new-business mandate
- An established portfolio with strong retention
- Opportunity to contribute to portfolio growth and future product development
Underwriter - Medical Malpractice employer: Avencia Talent Solutions
Join a leading organisation in the UK healthcare sector as an Underwriter for Medical Malpractice, where you will enjoy a dynamic work culture that prioritises professional growth and autonomy. With a focus on building strong broker relationships and developing new business opportunities, you'll have access to comprehensive training and support, alongside a competitive benefits package that includes flexible working arrangements. This role not only offers the chance to make a significant impact within the healthcare industry but also fosters a collaborative environment that encourages innovation and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Medical Malpractice
✨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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✨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 Talent Solutions. 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 Underwriter - Medical Malpractice
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 Talent Solutions.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Avencia Talent Solutions. 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 Talent Solutions
✨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 Talent Solutions 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 Talent Solutions, 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 Talent Solutions'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.
