At a Glance
- Tasks: Underwrite life science insurance and build strong broker relationships.
- Company: Join a fast-growing, innovative insurance company in London.
- Benefits: Permanent full-time role with competitive salary and career development.
- Other info: Dynamic team culture that values passion, innovation, and collaboration.
- Why this job: Make an impact in the evolving life science sector while having fun at work.
- Qualifications: Experience in underwriting or broking, preferably in Life Science or Property & Casualty.
The predicted salary is between 30000 - 50000 € per year.
Life Science Underwriter
Department: Healthcare & Life Science
Employment Type: Permanent - Full Time
Location: GB - London
Reporting To: Alex Bentley
Description
Thanks to our continued growth, the Life Science team at CFC is looking to welcome a new Underwriter with experience in either Life Science or Property & Casualty.
Our specialist Underwriters offer three tailored policy packages designed for traditional Life Sciences, the digital Medtech sector and Dietary Supplements. Innovation is at the heart of what we do and our Life Science team exemplifies this by continuously evolving our products to address the unique risks faced by providers in this space.
With a focus on risks domiciled in our core territories — the UK, Australia, Canada, and Israel — this is an exciting opportunity for an ambitious professional eager to join a fast-growing, forward-thinking organisation.
About the role
As an Underwriter on our Life Science team, you’ll work closely with the Life Science Practice Leader and Team Leader in all aspects of underwriting, including new business and renewal underwriting, responding to broker queries and driving business development through developing your own broker relationships.
You will consider Life Science providers property and liability insurance needs from a holistic perspective by writing multiple classes of insurance, alongside driving business development initiatives and effectively contributing to wider team projects.
Responsibilities
- Respond to and manage enquiries from brokers in a timely and professional manner, producing new and renewals quotations within agreed SLAs and authority parameters;
- Develop and seek out new business opportunities, building strong broker relationships (both face-to-face and over phone).
- Support with the creation or maintenance of underwriting policies;
- Maintain and produce regular underwriting reports around the portfolio as required;
- Explain the features, advantages and benefits of Life Science insurance products, coverage enhancements, support product launches and raise awareness of new and existing products;
- Prepare and deliver internal and external events/presentations on CFC products, key trends and emerging exposures;
- Research with a mind to develop subject-matter expertise and investigate relevant legislation/regulation/compliance issues within our target markets;
- Contribute to team projects (e.g. enhancements to product offering, launch of new products, systems, policies and processes etc.)
About you
We’re looking for driven, self-starters with a strong work ethic who are keen to develop their skills and experience. You’ll have an appetite to develop the life science book through broker relationships, communicating daily with both internal and external stakeholders meaning communication skills are of importance as well as showing an ability to lead with certain projects.
The ideal candidate will have a solid background in underwriting or broking preferably within Life Science or Property & Casualty with an interest in develop your underwriting career within Life Science.
Core Values
Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.
Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
Life Science Underwriter in City of London employer: CFC
CFC is an exceptional employer, offering a dynamic work environment in the heart of London where innovation thrives. With a strong focus on employee growth, we provide tailored training and development opportunities, fostering a culture that encourages collaboration and creativity. Our commitment to work-life balance and a fun, inclusive atmosphere makes CFC a rewarding place for professionals eager to make a meaningful impact in the Life Science sector.
StudySmarter Expert Advice🤫
We think this is how you could land Life Science Underwriter in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the Life Science sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their approach to underwriting in the Life Science field and think about how your skills can contribute to their goals. This will help you stand out as someone who’s genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the Life Science Underwriter position. Highlight your ability to build broker relationships and your understanding of the unique risks in this sector. Confidence is key!
✨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, we love seeing candidates who are proactive about their job search. Let’s get you on board!
We think you need these skills to ace Life Science Underwriter in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Life Science Underwriter role. Highlight any relevant experience in underwriting or broking, especially within Life Science or Property & Casualty. We want to see how your skills align with what we do!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the Life Science sector and how you can contribute to our team. Show us your personality and enthusiasm for the role!
Showcase Your Communication Skills:Since you'll be dealing with brokers and internal stakeholders, it's crucial to demonstrate your communication skills. Whether it's in your CV, cover letter, or any additional documents, make sure we can see your ability to convey ideas clearly and professionally.
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 you’re keen on joining our forward-thinking organisation!
How to prepare for a job interview at CFC
✨Know Your Stuff
Make sure you brush up on the specifics of life science underwriting. Familiarise yourself with the unique risks and insurance needs in this sector, as well as the latest trends in Medtech and dietary supplements. This will show your potential employer that you're genuinely interested and knowledgeable about the field.
✨Build Rapport with Brokers
Since the role involves developing broker relationships, think about how you can demonstrate your communication skills during the interview. Prepare examples of how you've successfully built relationships in the past, whether through face-to-face meetings or phone calls. This will highlight your ability to connect with others, which is crucial for the job.
✨Show Your Passion
CFC values passion and intensity, so don’t hold back! Share what excites you about the life science industry and why you want to be part of their team. Your enthusiasm can set you apart from other candidates and align you with their core values.
✨Prepare for Scenario Questions
Expect to be asked how you would handle specific underwriting scenarios or broker queries. Think through potential challenges you might face in the role and prepare your responses. This will demonstrate your problem-solving skills and readiness to tackle the responsibilities of the position.
