Trading Underwriter

Trading Underwriter

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Evaluate risks and exposures for new business and renewals in home insurance.
  • Company: Join a meritocratic company that values self-starters and customer commitment.
  • Benefits: Negotiable salary, bonuses, pension, holidays, and full funding for professional qualifications.
  • Other info: Diverse team culture with excellent personal development opportunities.
  • Why this job: Make a real impact while developing your skills in a supportive environment.
  • Qualifications: Experience in underwriting and strong communication, sales, and analytical skills.

The predicted salary is between 40000 - 50000 £ 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.

We’re strengthening our team at Plum Underwriting and looking for a Trading Underwriter to join the team as we continue to grow. The role of the Trading Underwriter is to evaluate the risk and exposures of customers for new business, mid‑term adjustments and renewals. Quoting, converting and retaining business to meet budget and underwriting performance targets for the range of specialist home insurance products throughout all Plum’s distribution channels, ensuring Plum provides excellent service to its brokers at all times.

The day to day:

  • Underwrite in accordance with the Plum Internal Underwriting Guide and the Underwriting authority awarded
  • Trade with Brokers to maximise conversion and retention within your authority
  • Monthly reporting to Line Manager
  • Renewal/Existing and New Business Control
  • Take underwriting referrals from other offices where outside individuals level of authority
  • Understand/support and drive income, conversion and retention objectives
  • Assist in the development of new & existing products
  • Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner
  • Underwrite taking all necessary care to protect the interest of our capacity providers

What’s on offer:

  • A negotiable basic salary + bonus and all the normal benefits (Pension, Holidays etc.)
  • A management team that is passionate about looking after their team and developing them
  • Full funding for relevant professional qualifications and ongoing personal development

Your experience:

  • Ideally, you’ll have experience of successfully underwriting a mixed household / Commercial Property portfolio
  • A varied skill set that includes strong Communication (both written and verbal), sales, negotiation, analytical and IT skills.
  • Previous experience within an MGA business would be highly beneficial

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Trading Underwriter employer: Brown & Brown

At Plum Underwriting, we pride ourselves on a meritocratic culture that empowers self-starters and prioritises customer satisfaction. Located in Basildon, we offer a supportive work environment with a management team dedicated to employee development, including full funding for professional qualifications. Our commitment to diversity and inclusion, alongside competitive salaries and benefits, makes us an exceptional employer for those seeking a rewarding career as a Trading Underwriter.

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Contact Details:

Brown & Brown Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Trading Underwriter

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Plum Underwriting. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

Tip Number 2

Prepare for interviews by researching the company culture and values. Plum Underwriting values self-starters, so be ready to share examples of how you’ve taken initiative in your previous roles.

Tip Number 3

Showcase your skills! Bring along a portfolio or examples of your work that highlight your underwriting experience and analytical skills. This will help you stand out as a candidate who’s ready to hit the ground running.

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 the Plum team.

We think you need these skills to ace Trading Underwriter

Risk Evaluation
Underwriting Skills
Quoting and Converting Business
Retention Strategies
Communication Skills
Sales Skills
Negotiation Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Trading Underwriter role. Highlight your experience in underwriting and any relevant skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our company culture. Remember, we love self-starters who are committed to excellent service.

Showcase Your Skills:Don’t forget to showcase your communication, sales, and analytical skills in your application. These are key for a Trading Underwriter, and we want to see how you’ve used them in past roles to achieve success.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Brown & Brown

Know Your Stuff

Make sure you brush up on your underwriting knowledge, especially around mixed household and commercial property portfolios. Familiarise yourself with Plum's Internal Underwriting Guide and be ready to discuss how you would apply it in real scenarios.

Showcase Your Skills

Highlight your communication, sales, and negotiation skills during the interview. Prepare examples of how you've successfully converted and retained business in the past, as this will demonstrate your ability to meet performance targets.

Understand the Company Culture

Plum Underwriting values self-starters and a commitment to customer service. Be prepared to share how you embody these traits and how you can contribute to their unique company culture.

Ask Insightful Questions

Prepare thoughtful questions about the role and the company. Inquire about their approach to product development or how they support ongoing personal development, showing that you're genuinely interested in growing with them.