At a Glance
- Tasks: Join our team to shape underwriting strategies and manage commercial property risks.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Join a diverse team that values inclusion and personal development.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 50000 - 65000 € per year.
Responsibilities
- Responsible for the contribution towards and implementation of the underwriting strategy within the Underwriting Team.
- Executes and monitors the underwriting activities with regular contact with the Underwriting Management Team.
- In liaison with the Head of Commercial Property, is responsible for the execution of the International Strategy.
Results
- Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
- Proactively manages renewals, renewal change, and new business to achieve premium plan.
- Executes portfolio management strategies to drive a better loss ratio and achieve plan.
- Proactively manages direct commissions and direct expenses to achieve plan.
Underwriting and Compliance
- Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
- Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
- Works collaboratively with support areas to meet service standards.
Distribution/Customer Management
- In collaboration with Underwriting Leadership, proactively manages distribution partners.
- Acts as broker liaison for assigned products.
- Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
Leadership and Personal Development
- Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
- Acts as product line expert for area of expertise.
- Organises and provides technical training to junior personnel.
- Promotes a diverse and inclusive culture.
- Acts as an effective role model for others.
- Performs training within agreed timeframes.
Qualifications
- Extensive underwriting experience and knowledge in the Class of Business.
- Sound commercial and financial knowledge.
- Knowledge of the insurance regulatory environment.
- Strong communication, negotiation and interpersonal skills.
- Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
- Ability to exercise individual judgment and effectively make sound business decisions.
- Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
- Outcome focused, self-motivated, flexible and enthusiastic.
- Ability to work within and promote a diverse and inclusive culture.
Commercial Property Underwriter in London employer: Berkley Specialty London (a Berkley Company)
As a leading employer in the commercial property underwriting sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our team members benefit from comprehensive training programmes, collaborative leadership, and a commitment to achieving both personal and professional goals, all while working in a vibrant location that encourages innovation and teamwork.
Contact Detail:
Berkley Specialty London (a Berkley Company) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Property Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its underwriting strategies. Be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate, but someone who’s genuinely interested in their success.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that dream job!
We think you need these skills to ace Commercial Property Underwriter in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Commercial Property Underwriter role. Highlight your underwriting experience and any relevant achievements to grab our attention!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how your background aligns with our underwriting strategy. Keep it engaging and personal.
Showcase Your Communication Skills:Since strong communication is key in this role, make sure your application showcases your ability to convey complex information clearly. Use examples from your past experiences to illustrate your skills.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Berkley Specialty London (a Berkley Company)
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the commercial property sector. Be prepared to discuss specific underwriting guidelines and how you've applied them in past roles. This shows you're not just familiar with the theory but can also put it into practice.
✨Showcase Your Analytical Skills
Since the role requires strong analytical and problem-solving skills, come ready with examples of how you've tackled complex underwriting challenges. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your thought process.
✨Demonstrate Your Communication Prowess
As a Commercial Property Underwriter, you'll need to liaise with brokers and other stakeholders. Prepare to discuss how you've effectively communicated with various parties in the past. Think about times when your communication skills helped resolve issues or improve relationships.
✨Emphasise Your Leadership Qualities
Even if you're not applying for a managerial position, showcasing your leadership skills can set you apart. Talk about any experience you have in mentoring junior staff or leading projects. Highlight how you promote a diverse and inclusive culture, as this is key for many companies today.
