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- Tasks: Underwrite and assess risks for professional indemnity insurance while collaborating with brokers.
- Company: Join a well-established insurance company with a focus on professional cover for various professions.
- Benefits: Enjoy a hybrid work model with flexibility to work from home and competitive salary packages.
- Why this job: Be part of a dynamic team, mentor others, and make impactful decisions in the insurance industry.
- Qualifications: 5+ years of underwriting experience and a relevant degree or CII certification preferred.
- Other info: Opportunity to work in major UK cities like London, Manchester, or Birmingham.
The predicted salary is between 43200 - 72000 £ per year.
Our clients are looking for a Senior Professional Indemnity Development Underwriter with at least 5 years underwriting experience to help themgrow theirProfessions book. This is a hybrid role – working 3 days in London, Manchester or Birmingham or seeing Brokers, 2 days at home.
You will be working for an established team within an Insurance Company, this role focuses on providing cover for profess…
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Senior PI Development Underwriter employer: Compass Recruitment Ltd
Contact Detail:
Compass Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior PI Development Underwriter
✨Tip Number 1
Network with professionals in the insurance industry, especially those who specialize in professional indemnity. Attend industry events or webinars to connect with brokers and other underwriters, as these relationships can be crucial for your success in this role.
✨Tip Number 2
Stay updated on the latest trends and changes in the professional indemnity market. Understanding current issues and financial drivers will help you make informed decisions and demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to discuss specific examples from your previous underwriting experience that showcase your ability to assess risk and negotiate terms effectively. Highlighting your successes will set you apart from other candidates.
✨Tip Number 4
Familiarize yourself with the underwriting principles and practices of the company you're applying to. Tailoring your approach to align with their standards will show that you're a good fit for their team.
We think you need these skills to ace Senior PI Development Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your underwriting experience, especially in professional indemnity. Include specific examples of how you've successfully underwritten similar accounts and your connections with brokers.
Craft a Compelling Cover Letter: In your cover letter, emphasize your technical competence and experience in the insurance industry. Discuss your approach to risk assessment and how you can contribute to the team's strategy for Professions.
Showcase Your Broker Relationships: Mention any strong relationships you have with brokers in your application. This is crucial for the role, so provide examples of how these connections have helped you in previous positions.
Highlight Leadership Skills: Since the role involves mentoring other Development Underwriters, be sure to include any relevant leadership or coaching experience in your application. This will demonstrate your ability to guide and support team members.
How to prepare for a job interview at Compass Recruitment Ltd
✨Showcase Your Underwriting Experience
Make sure to highlight your 5+ years of underwriting experience during the interview. Discuss specific cases where you successfully assessed risks and made sound decisions, as this will demonstrate your technical competence.
✨Demonstrate Broker Connections
Since the role emphasizes good broker connections, be prepared to discuss your existing relationships with brokers. Share examples of how these connections have helped you in previous roles to attract new business or retain clients.
✨Understand the Professions Book
Familiarize yourself with the types of professions covered under the company's book, such as accountants and architects. Being able to speak knowledgeably about these sectors will show that you are well-prepared and understand the market.
✨Prepare for Strategic Discussions
As you'll be working with senior team members to set and implement strategy, think about your ideas on how to grow the Professions book. Be ready to discuss your vision and how you can contribute to the team's goals.
