At a Glance
- Tasks: Underwrite and develop new business in the middle-market segment with brokers across the UK.
- Company: Join the world's largest publicly traded Property & Casualty insurer with global presence.
- Benefits: Excellent employee benefits and opportunities for career progression.
- Why this job: Make an impact in a dynamic role focused on new business development.
- Qualifications: Experience in package underwriting and strong negotiation skills required.
- Other info: Collaborative environment with a focus on innovation and client service.
Are you interested in working for the worlds largest publicly traded Property & Casualty insurer with excellent employee benefits and offices in 54 countries? Are you an Experienced P&C / Package Underwriter looking to progress into a senior trading role with a passion for underwriting new business? If so, we would love to hear from you!
The role is for a Commercial Package Underwriter, focussed on new business development in the middle-market segment. You would be responsible for new business underwriting and trading with broker partners from across the UK, including pipelining, quoting, negotiating and writing new package business.
You will be expected to have property and casualty technical experience, knowledge and aptitude to establish underwriting authority and exercise this within our client's technical guidelines and best practices. You will also be expected to have passion, skill and a track record for new business development in the middle-market segment. You will be measured against key new business metrics and goals.
Key Responsibilities- Underwriting, quoting and converting new package business in the middle-market segment, in-line with targets and the overall business plan.
- Regular engagement with our producers and BDMs to develop and execute on a pipeline of opportunities.
- Effective trading behaviours, negotiation and engagement to successfully close new opportunities.
- Consistently providing a high level of underwriting service and speed of response to our clients brokers.
- Collaborating with sales and distribution, other lines of business, risk engineering, operations and underwriting management to effectively deliver our clients proposition.
- Maintaining underwriting integrity by adhering to our client's best practices monitored by regular peer reviews.
- Experience in package/multiline underwriting environment.
- Underwriting background and be capable of holding high levels of underwriting authority in at least one core line of business. You should also be interested in and capable of operating with understanding and influence across other lines of business.
- Under minimal direction, works within delegated underwriting authority.
- Strong expertise in risk analysis, interpretation and analysis of claims, and appropriate deployment of loss control resources.
- A track record and reputation as a dynamic new business development underwriter.
Property & Casualty / Package London Underwriter & Senior Underwriter employer: Compass Recruitment Ltd
Contact Detail:
Compass Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property & Casualty / Package London Underwriter & Senior Underwriter
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join online forums. The more people you know, the better your chances of landing that dream underwriting role.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your successful underwriting projects. This will help you stand out during interviews and demonstrate your expertise in new business development.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on your experience in package underwriting and how you've successfully closed deals in the past.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Make sure to tailor your application to highlight your passion for underwriting and your track record in the middle-market segment.
We think you need these skills to ace Property & Casualty / Package London Underwriter & Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in property and casualty underwriting. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements in new business development!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for underwriting and your understanding of the middle-market segment. We love seeing candidates who can articulate their enthusiasm for the role and the company.
Showcase Your Technical Skills: Don’t forget to emphasise your technical expertise in underwriting. We’re looking for someone who can establish authority and adhere to best practices, so make sure to include relevant examples from your past experiences.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Compass Recruitment Ltd
✨Know Your Underwriting Stuff
Make sure you brush up on your property and casualty underwriting knowledge. Be ready to discuss your experience in package underwriting and how you've successfully navigated new business development in the middle-market segment.
✨Show Off Your Negotiation Skills
Prepare examples of how you've effectively negotiated with brokers in the past. Highlight specific instances where your trading behaviours led to successful outcomes, as this will demonstrate your capability to close new opportunities.
✨Engage with the Team Spirit
Understand the importance of collaboration in this role. Be prepared to talk about how you've worked with sales, risk engineering, and other departments to deliver a strong client proposition. This shows you're a team player who values collective success.
✨Metrics Matter
Familiarise yourself with key performance metrics related to new business development. Be ready to discuss how you've met or exceeded targets in previous roles, as this will show that you're results-driven and understand the business goals.