At a Glance
- Tasks: Manage renewals and engage with brokers across diverse sectors.
- Company: Established insurance business experiencing strong growth.
- Benefits: Competitive salary, bonus, hybrid working, and additional benefits.
- Other info: Opportunity for professional development and varied case exposure.
- Why this job: Join a dynamic team and make an impact in a growing industry.
- Qualifications: Experience in open market underwriting and strong commercial mindset.
The predicted salary is between 50000 - 65000 € per year.
Location: Birmingham (hybrid working). Salary: Competitive Basic Salary + Bonus + Benefits.
Overview
IPS Group is recruiting a Senior Underwriter to join a growing renewals underwriting team within a well‑established insurance business. The business has experienced strong growth, with GWP doubling over the past 7 years, driving continued expansion across the underwriting teams. The underwriting approach is focused on disciplined risk selection, supporting strong renewal retention and a stable, high‑quality portfolio. This is an open‑market, broker‑traded role, working with both national and independent brokers across a broad mix of sectors, including care, heritage, real estate, professions and faith, among others. The role offers exposure to varied and diverse books rather than a single niche.
Responsibilities
- Manage a book of renewals ranging from £5k to £500k premium, with around 10 renewals per month and account management of larger, more complex cases.
- Conduct broker meetings and occasional site visits alongside surveyors, with an expectation of approximately 12 broker visits per year.
- Provide market‑facing activity and support broker development.
- Generate renewal proposals and work closely with underwriting teams to ensure risk selection and portfolio quality.
Qualifications
- Experience in open market underwriting, confident in managing complex cases and engaging directly with brokers.
- Exposure to training or desk‑based underwriting considered beneficial.
- Strong commercial mindset and ability to work in a hybrid environment (3 days per week in the office).
To apply, please contact Alexander Ballantine at IPS Group via email or phone.
Senior Existing Business Underwriter employer: Career Choices Dewis Gyrfa Ltd
IPS Group is an exceptional employer, offering a dynamic work environment in Birmingham with hybrid working options that promote a healthy work-life balance. Employees benefit from competitive salaries, bonuses, and a strong focus on professional development, ensuring growth opportunities within a rapidly expanding insurance business. The collaborative culture encourages engagement with diverse sectors and fosters meaningful relationships with brokers, making it a rewarding place for those seeking to make an impact in the underwriting field.
Contact Detail:
Career Choices Dewis Gyrfa Ltd Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Existing Business Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with brokers. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for those broker meetings! Research the brokers you’ll be meeting with and understand their needs. This will help you tailor your approach and show them you’re the right fit for managing their renewals.
✨Tip Number 3
Showcase your experience! When you get the chance to speak with potential employers, highlight your past successes in managing complex cases and how you’ve contributed to portfolio quality. Numbers speak volumes!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Existing Business Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in open market underwriting and any complex cases you've managed. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention your commercial mindset and experience with brokers, as these are key for us.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Whether it's successful renewals or innovative solutions you've implemented, we love to see how you've made an impact in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Career Choices Dewis Gyrfa Ltd
✨Know Your Numbers
Make sure you’re familiar with key metrics related to underwriting, such as GWP and renewal retention rates. Being able to discuss how these figures impact the business will show your understanding of the role and its importance.
✨Broker Engagement Skills
Prepare examples of how you've successfully managed broker relationships in the past. Think about specific instances where your communication skills made a difference, as this role involves a lot of interaction with brokers.
✨Showcase Your Commercial Mindset
Be ready to discuss your approach to risk selection and portfolio management. Highlight any experiences where you’ve had to make tough decisions or adapt strategies based on market conditions.
✨Hybrid Working Readiness
Since this role involves hybrid working, be prepared to talk about how you manage your time and productivity in both office and remote settings. Share any tools or methods you use to stay organised and effective.
