At a Glance
- Tasks: Underwrite and manage insurance schemes while delivering top-notch customer service.
- Company: Join Ecclesiastical Insurance, part of Benefact Group, in a supportive and innovative environment.
- Benefits: Enjoy hybrid working, competitive salary, generous bonuses, and extensive health benefits.
- Other info: Great career growth opportunities with a focus on collaboration and continuous improvement.
- Why this job: Make a real impact in a dynamic team while developing your skills in the insurance sector.
- Qualifications: In-depth insurance knowledge and experience in stakeholder management are essential.
The predicted salary is between 40000 - 50000 £ per year.
Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Gloucester
Job Ref: 205181
About the role
Ecclesiastical Insurance, who are proudly part of Benefact Group, are looking for a Technical Underwriter to join our Schemes Team in our Gloucester office on a hybrid basis. As Technical Underwriter, you will act as the technical specialist with responsibility for case work and the delivery of coaching, training, procedures and practices, technical updates, working with key internal and external stakeholders.
What you'll be doing
- Underwrite and manage new and existing business profitably within authority limits, aligned to Ecclesiastical strategy, while managing own caseload effectively.
- Monitor and review individual scheme performance at portfolio level.
- Deliver high-quality customer service by planning and prioritising workload, meeting SLAs, and providing on-site underwriting support when required.
- Act as a key referral point for the wider schemes team and liaison between head office underwriting and wider customer service functions.
- Undertake underwriting quality audits within the Schemes team and also Scheme brokers with delegated authority, analyse results and identify training needs.
- Support team capability through coaching, identifying training needs, and delivering training both internally and externally, alongside occasional team manager and project support.
- Maintain strong internal and external relationships by promoting effective communication methods and representing the business at partner and industry events.
- Ensure compliance and continuous improvement by adhering to regulatory requirements, handling complaints, acting on audit results, and developing technical knowledge through ongoing learning.
What you'll need to have
- In depth insurance technical knowledge.
- Commitment to deliver exceptional service contributing both as an individual and as an effective part of a team.
- Experience of managing and influencing internal and external stakeholders, at all levels.
- The ability to build collaborative, productive relationships and negotiate at all levels.
- Able to act as a coach, empowering others within a commercial environment.
- Experience of the ability to analyse and produce relevant reports.
- Understanding of all relevant regulations to deliver good customer outcomes.
- Understanding of data protection and importance of confidentiality.
What makes you stand out
- Pro-active with desire to continuously improve.
- Experience of portfolio management and ability to analyse and produce relevant MI.
- Experience of conducting training to individuals and groups.
- ACII or DIP qualified.
What we offer
- A competitive salary - let's discuss it
- Hybrid working
- Group Personal Pension - up to 12% employer contribution
- Generous annual bonus scheme: on-target bonus between 6% and 24%
- 25 days annual leave plus bank holidays, and a holiday buy and sell scheme
- An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
- £200 annual personal grant to a charity of your choice
- Encouraged to take at least one volunteering day per year
- Employee Assistance Programme
- Full study support to gain professional qualifications
- Access to virtual GP
- Enhanced maternity and paternity pay
Hear from the hiring manager
You will be joining a small, highly supportive team where collaboration is valued and new ideas are encouraged. The role offers a varied workload, with no two days the same, and involves working closely with colleagues across the wider Schemes Team to help drive the business forward. This position presents an excellent opportunity for an individual seeking to further develop their skills while contributing as part of a dedicated and professional team.
Technical Underwriter - Schemes employer: Benefact Group plc
Ecclesiastical Insurance, part of Benefact Group, is an exceptional employer located in Gloucester, offering a supportive and collaborative work environment. With a strong focus on employee growth, the company provides extensive training opportunities, a competitive salary, and generous benefits including a hybrid working model, health and wellbeing perks, and a commitment to community engagement through volunteering. Join a dedicated team where your contributions are valued and you can make a meaningful impact in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Underwriter - Schemes
✨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 Benefact Group plc). 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 Benefact Group plc. 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 Technical Underwriter - Schemes
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 Benefact Group plc.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Benefact Group plc. 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 Benefact Group plc
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Benefact Group plc 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 Benefact Group plc, 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 Benefact Group plc'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.