Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Perform underwriting assessments and support operational tasks for high net worth cases.
- Company: Leading insurance firm with a focus on innovation and excellence.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative environment with a strong emphasis on process improvement.
- Why this job: Join a dynamic team and make impactful decisions in the insurance industry.
- Qualifications: Bachelor’s degree and 10 years of underwriting experience required.
The predicted salary is between 70000 - 90000 £ per year.
Perform underwriting assessments for high net worth and non-HNW cases within assigned authority and support daily operational tasks. Provide underwriting-related support for ad-hoc tasks.
Key responsibilities include:
- Performing underwriting assessments for new business applications including HNW cases, achieving underwriting KPIs through active case management.
- Underwrite large sum assured applications (formal and preliminary) and communicate decisions to intermediaries within agreed TAT, ensuring competitive underwriting decisions and minimal requirements. This includes negotiating with reinsurers for favorable terms.
- Ensure cases are underwritten within the agreed TAT.
- Review complex appeal cases and coach underwriters for large sum assured cases underwriting.
- Liaise with reinsurers on referral cases beyond local authority.
- Resolve enquiries and issues with channel management.
- Actively handle own case appeals, postponements, and declines, directly communicating rationale and alternatives to distribution channels.
- Review and identify areas of process improvement or operational efficiency within the New Business department; support the Team Lead in driving process changes.
- Participate in Quality Assurance reviews (audit of cases) where applicable.
- Instill a higher risk awareness culture and collaborate with second liners on roles and support needed.
- Provide underwriting-related support for business development projects as needed.
- Perform data or trend analysis when required.
Requirements:
- Minimum bachelor’s degree.
- Minimum 10 years of underwriting experience in both direct and reinsurance capacities.
- Additional advantage: high underwriting authority for high-net-worth products.
Underwriting, Principal in London employer: Consortium for Clinical Research and Innovation Singapore
Contact Detail:
Consortium for Clinical Research and Innovation Singapore Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting, Principal in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts and attend events where you can meet people in underwriting. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and case management skills. We recommend practising common underwriting scenarios and being ready to discuss your experience with high net worth cases. Confidence is key!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. We suggest mentioning something specific from the interview to make it personal.
✨Tip Number 4
Apply through our website for the best chance at landing a role with us. We’re always on the lookout for talented underwriters who can bring their expertise to our team. Don’t miss out on the opportunity!
We think you need these skills to ace Underwriting, Principal in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Principal role. Highlight your experience with high net worth cases and any relevant KPIs you've achieved. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills can help us achieve our goals. Be sure to mention any specific experiences that relate to the job description.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Did you negotiate favourable terms with reinsurers? Share those successes with us! Numbers and outcomes speak volumes.
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. Plus, it’s super easy!
How to prepare for a job interview at Consortium for Clinical Research and Innovation Singapore
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially regarding high net worth cases. Be prepared to discuss your experience with large sum assured applications and how you've achieved KPIs in previous roles.
✨Showcase Your Negotiation Skills
Since negotiating with reinsurers is a key part of the role, think of specific examples where you've successfully negotiated terms. Highlight your ability to communicate effectively and reach favourable outcomes.
✨Demonstrate Process Improvement Mindset
Be ready to talk about any process improvements you've implemented in past positions. Companies love candidates who can identify inefficiencies and suggest actionable solutions, so come armed with examples.
✨Prepare for Case Scenarios
Expect to be presented with complex case scenarios during the interview. Practice articulating your thought process on how you would handle appeals, postponements, and declines, ensuring you communicate your rationale clearly.