At a Glance
- Tasks: Analyse and evaluate insurance submissions while ensuring compliance and accuracy.
- Company: Join Car Care Plan, a leading provider of vehicle warranties with a strong reputation.
- Benefits: Hybrid work model, professional development opportunities, and support for qualifications.
- Other info: Dynamic team environment with clear pathways for career growth.
- Why this job: Kickstart your career in insurance with hands-on experience and training.
- Qualifications: Numerate graduates or experienced underwriters with strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Car Care Plan, an AmTrust business, is proud to be a leading provider of award-winning vehicle warranty. Our automotive protection expertise ensures our products are dependable, allowing for high customer satisfaction rates and successful motoring. We are now looking for an underwriter to join our Bradford based team. Working closely with the Chief Underwriting Officer and senior stakeholders, this role will focus on analysing, evaluating and rating new, renewal and mid-term submissions, ensuring all processing and policy documentation is accurate, compliant, and aligned to company standards. This is an exciting opportunity for either an experienced underwriting professional or a numerate, motivated graduate looking to build a long-term career in insurance.
Key responsibilities will include, but are not limited to:
- Underwriting within prescribed authority levels across new business, renewals and mid-term adjustments, as well as supporting underwriting performance and profitability across allocated programmes.
- Working closely with Actuarial / Pricing teams to review pricing calculations and ensure appropriate rating of products.
- Liaising with administrators and customers to assess and refine pricing requests from an underwriting perspective and maintaining a strong focus on customer value, fair pricing and regulatory compliance at all times.
- Producing monthly performance reviews, identifying key trends, movements and required actions.
- Supporting quarterly reporting on expected loss ratios and portfolio performance.
We are open to two types of candidates: Experienced Underwriters will bring a strong background in underwriting, insurance or reinsurance (ideally 5+ years), combined with solid financial and analytical skills to assess risk and portfolio performance. You will have experience collaborating with pricing teams and interpreting actuarial outputs, alongside the confidence to make sound decisions within underwriting authority levels. A high level of organisation and attention to detail is essential, as well as excellent communication skills and the ability to build effective relationships. Proficiency in MS Office, particularly Excel, is also required.
We are equally keen to hear from graduates or early careers applicants with strong numeracy and analytical ability, excellent written and verbal communication skills, and a proactive attitude with a genuine willingness to learn. An interest in financial services or insurance is important, and full training will be provided across products, systems and Excel. As part of our commitment to professional development, successful candidates will be expected to achieve a minimum Cert CII qualification within the first 18 months and continue progressing towards Dip CII and beyond as they build a long-term career with us.
To show your interest, submit your CV and we will be in touch.
Assistant Underwriting Manager in Bradford employer: Car Care Plan
Car Care Plan, an AmTrust business, is an excellent employer that fosters a supportive and dynamic work culture in Bradford. With a strong commitment to employee growth, we offer comprehensive training and development opportunities, including support for professional qualifications like Cert CII and Dip CII. Our hybrid working model promotes work-life balance, while our focus on collaboration and customer satisfaction ensures that every team member plays a vital role in our success.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriting Manager in Bradford
✨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 understanding their values. Be ready to discuss how your skills align with their needs, especially in underwriting and customer focus.
✨Tip Number 3
Practice your pitch! You should be able to confidently explain your background, why you're interested in underwriting, and what you can bring to the team. Keep it concise and engaging.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love hearing from motivated candidates who are eager to join our team.
We think you need these skills to ace Assistant Underwriting Manager in Bradford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Assistant Underwriting Manager role. Highlight any relevant underwriting or analytical experience, and don’t forget to showcase your attention to detail!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this role at Car Care Plan and how your background makes you a great fit. Keep it concise but engaging!
Showcase Your Skills:Don’t just list your skills; demonstrate them! If you have experience with MS Office or any analytical tools, mention specific projects where you used these skills effectively. We love seeing real examples!
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 Car Care Plan
✨Know Your Numbers
As an Assistant Underwriting Manager, you'll be dealing with a lot of data. Brush up on your numerical skills and be ready to discuss how you've used data analysis in past roles or projects. This will show your analytical ability and confidence in handling financial information.
✨Understand the Industry
Familiarise yourself with the insurance and underwriting landscape. Research Car Care Plan and its products, as well as current trends in the automotive warranty sector. This knowledge will help you answer questions more effectively and demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your decision-making skills. Think about situations where you've had to evaluate risk or make tough calls. Prepare specific examples that highlight your thought process and the outcomes of your decisions.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when liaising with stakeholders. Practice articulating your thoughts clearly and concisely. You might even want to prepare a brief explanation of a complex topic related to underwriting to showcase your ability to simplify information for others.
