At a Glance
- Tasks: Underwrite innovative tech businesses and build strong broker relationships across the Northern UK.
- Company: Join a dynamic insurance company with a focus on technology and collaboration.
- Benefits: Enjoy remote work, competitive salary, and opportunities for professional growth.
- Other info: Work independently while collaborating with a passionate team in a fun environment.
- Why this job: Be at the forefront of technology underwriting and make a real impact in the industry.
- Qualifications: Experience in underwriting or broking within technology and strong relationship-building skills.
The predicted salary is between 49500 - 60500 £ per year.
We're looking for an experienced Technology Underwriter to become our first dedicated regional underwriter for the UK Technology team, with a focus on developing new business across the Northern UK broker market. You will be involved in all aspects of underwriting and have ownership of building broker relationships, identifying new opportunities and developing a profitable portfolio in the region, while working closely with our established Technology and Distribution teams.
You'll underwrite progressive technology businesses, from ambitious start-ups to established firms, using CFC's cross-class proposition across Technology E&O, Cyber, Public and Products Liability, Employers' Liability and Property. As technology and its risks continue to evolve, you'll stay close to the market, identify emerging opportunities and help brokers find solutions for their clients. The role is remote-based, ideally based in either Leeds or Manchester, with regular regional broker travel and touchpoints at CFC's London office at 8 Bishopsgate.
About the role
- Build and manage a strong regional pipeline of profitable new and renewal Technology business.
- Develop lasting relationships with brokers, becoming a visible and trusted underwriting partner in your region.
- Underwrite Tech E&O-led risks and create relevant cross-class insurance solutions for UK-domiciled technology businesses.
- Respond to broker enquiries and deliver clear, commercially considered quotations within agreed service levels.
- Identify new distribution opportunities and work closely with the Team Leader, Development Manager and regional Distribution Manager to grow CFC's market presence.
- Bring CFC's proposition to life through broker meetings, presentations, training sessions and product launches.
- Monitor emerging technologies, regulation and new exposures, using your insight to help develop appetite and identify future growth opportunities.
- Share your technical knowledge with junior underwriters and contribute to product, system and process improvements across the Technology team.
About you
- You'll bring a strong combination of underwriting expertise and business development capability.
- You're credible with brokers, commercially minded and comfortable taking ownership of relationships and opportunities across your region.
- As the first regional underwriter in the Technology team, you'll need to be proactive and comfortable working independently.
- At the same time, you'll be someone who values collaboration, shares ideas and wants to play an active part in the wider team.
- Strong underwriting or broking experience across Technology, Cyber, PI/E&O or related classes, with multi-class exposure.
- A track record of building broker relationships and developing new business in the UK market.
- Good commercial judgement, with strong negotiation and underwriting skills.
- The confidence to work independently and take ownership of a region, while collaborating closely with the wider team.
- An engaging communication style and confidence presenting to brokers and other stakeholders.
- Curiosity about technology, emerging risks and how the market is evolving.
- Full UK driving license required for regional travel.
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 make 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.
Underwriter, Technology in Manchester employer: CFC
CFC in London is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. As a Cyber Catastrophe & Portfolio Risk Actuary, you'll benefit from unparalleled growth opportunities while working at the forefront of cyber risk management, all within a supportive environment that values your insights and contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Technology in Manchester
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like CFC). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like CFC. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter, Technology in Manchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at CFC.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at CFC. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at CFC
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at CFC to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at CFC, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding CFC's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.