At a Glance
- Tasks: Oversee underwriting and pricing rules, ensuring technical standards and best practices.
- Company: Join Brown & Brown, a leading global insurance intermediary with a collaborative culture.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while working with a dynamic team.
- Qualifications: Experience in casualty underwriting and strong analytical skills required.
- Other info: Be part of a diverse team committed to integrity and community.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown, Inc. is one of the largest insurance intermediaries globally having in excess of $4bn revenue in 2023 by providing risk management solutions to help protect what our customers value most. We have experienced significant growth over the last 5 years both organic and inorganic and have recently achieved significant scale across Europe with ~3,500 teammates, 200+ offices. Our Strategy is to double the size of the business by improving customer experience, growing organically and acquiring, accelerating knowledge and capabilities of teammates and using technology with purpose.
As a member of the Technical Underwriting Team, you will be responsible for having oversight of underwriting and pricing rules for Brown & Brown Europe’s Commercial Programs. You will be responsible for ensuring technical standards are met, share and support best practice underwriting, progress technical product development and contribute to the achievement of loss ratio targets. This role will collaborate closely with internal and external stakeholders and act as an important conduit between capacity partners and BBEU Programs.
Responsibilities:- Maintain technical underwriting guides, endorsements, referrals and controls
- Ensure underwriting quality via quality assurance and assisting in the development of underwriting capability within underwriting teams
- Provide technical underwriting SME input to assist in system builds and testing
- Receive and respond to underwriting referrals from the trading underwriting team
- Contribute to the development of policy wordings and documentation, underwriting guides and rating algorithms
- Provide technical underwriting expertise in responding to underwriting and claims enquiries
- Proactively engage with internal and external stakeholders including but not limited to underwriters, brokers and insurer partners
- Implement operational underwriting feedback change as part of ongoing technical development of products
- Monitor and manage sub-coverholders to ensure they are meeting binder and performance requirements
- Provide support to Underwriting Director, Commercial Programs across all technical underwriting functional activities
- Previous experience in casualty underwriting
- Highly organised and self-motivated
- Excellent numerical and analytical skills
- Strong communication and interpersonal skills
- Skilled user of Microsoft Office suite
- A-level standard or equivalent advantageous
- Previous experience in the delegated authority insurance market
- Previous experience in commercial package underwriting
- Previous experience working in a technical underwriting function
- CII qualified (or working towards)
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions.
We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.” While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.
Senior Technical Underwriter in Bromley employer: Brown & Brown, Inc.
Contact Detail:
Brown & Brown, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Underwriter in Bromley
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Brown & Brown through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical underwriting knowledge. Be ready to discuss specific examples from your past experience that showcase your skills in casualty underwriting and your ability to collaborate with stakeholders.
✨Tip Number 3
Showcase your analytical skills during the interview. Bring along some examples of how you've used data to make informed decisions in underwriting. This will demonstrate your capability and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Senior Technical Underwriter in Bromley
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your previous experience in casualty underwriting and any relevant qualifications, like CII, to show us you’re a perfect fit for the Senior Technical Underwriter role.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with our company culture. We love self-starters, so don’t be shy about showcasing your motivation and commitment.
Showcase Your Analytical Skills: Since this role requires excellent numerical and analytical skills, consider including specific examples of how you've used these skills in past roles. This will help us see how you can contribute to maintaining technical standards and achieving loss ratio targets.
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 shows us you’re keen on joining our team!
How to prepare for a job interview at Brown & Brown, Inc.
✨Know Your Underwriting Stuff
Make sure you brush up on your technical underwriting knowledge. Familiarise yourself with the latest trends in casualty underwriting and be ready to discuss how you've applied your analytical skills in past roles. This will show that you're not just a fit for the role, but that you're genuinely passionate about the field.
✨Showcase Your Communication Skills
Since this role involves collaborating with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information to different audiences. This will demonstrate your strong interpersonal skills and ability to work within a team.
✨Be Ready for Scenario Questions
Expect questions that put you in real-world underwriting scenarios. Think about how you would handle underwriting referrals or manage sub-coverholders. Practising these scenarios can help you articulate your thought process and decision-making skills during the interview.
✨Align with Company Values
Research Brown & Brown's culture and values, especially their commitment to teamwork and integrity. Be prepared to discuss how your personal values align with theirs. This will show that you're not just looking for a job, but that you're genuinely interested in being part of their team.