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 working, professional development opportunities, and support for qualifications.
- Other info: Dynamic team environment with clear pathways for career growth and development.
- Why this job: Kickstart your career in insurance with hands-on training and real impact on customer satisfaction.
- Qualifications: Numerate graduates or experienced underwriters with strong analytical skills are welcome.
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.
Underwriter 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 Underwriter in Bradford
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at Car Care Plan! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Underwriter in Bradford
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with Car Care Plan!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at Car Care Plan
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like Car Care Plan want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
