At a Glance
- Tasks: Underwrite referrals, build broker relationships, and analyse underwriting trends.
- Company: Cova Insurance, an inclusive and supportive organisation prioritising people.
- Benefits: Competitive salary, flexible working hours, and opportunities for growth.
- Other info: Hybrid working model with a focus on personal development.
- Why this job: Join a dynamic team making a real impact in the insurance industry.
- Qualifications: Strong underwriting skills and effective communication abilities required.
The predicted salary is between 39395 - 39395 £ per year.
We have an exciting opportunity to join us at Cova Insurance, where you'll be part of an inclusive and supportive organisation that puts people first, both our customers and our colleagues. At Cova, we know there's no one-size-fits-all way of working. We actively support flexible hours, part-time options and different working patterns, and we encourage open conversations about what works best for you and your life.
At Cova Insurance, our purpose is simple: to protect what matters most whether that's our customers' homes, cars or businesses. We're proud of our award-winning culture and strong values, creating an environment where everyone feels respected, supported and able to thrive, with opportunities for all to grow and develop. Our culture and communities, including our employee-led networks groups, help drive positive change and ensure everyone feels they belong and can be themselves.
Join the Commercial Schemes team that specialises exclusively in schemes underwriting - offering expert insight, consistent decisions and a reliable 24-hour SLA for all referrals.
What you can expect in this role:
- Underwrite referrals from commercial scheme brokers in line with Cova's strategy, appetite and authority limits, acting as a referral point for scheme team members.
- Maintain an in-depth understanding of a panel of scheme brokers and their homogenous products, taking a strategic/portfolio view to support delivery of underwriting targets.
- Build and maintain strong, mutually beneficial relationships with broker partners and internal stakeholders, conducting regular broker review meetings and supporting scheme broker audits.
- Identify, document and report underwriting and pricing trends to the Schemes Team and Technical Manager, producing and analysing MI for the broker panel.
- Contribute to key projects such as large loss reviews, breach reports, flood scrutiny, and updating scheme documentation including underwriting guides, wordings and associated materials.
- Maintain high service levels for internal and external customers, ensuring accurate audit trails within Cova systems, and reporting to the Schemes Team and Technical Manager.
What you might bring:
- Strong underwriting capability across property, liability, and trades/professions, with solid knowledge of UK commercial markets, general insurance practices, and industry/legal developments.
- Effective communicator with excellent verbal/written skills, strong telephone manner, and the ability to build trading relationships and deliver professional customer service.
- Team-oriented and independent, able to work well both individually and collaboratively in a fast-paced environment to meet targets.
- Highly organised and detail-focused, with strong time management, prioritisation, and workflow management skills, plus a proactive approach to problem-solving.
- Motivated, ambitious, and resilient, with a positive attitude and willingness to learn, develop, and grow.
- Meets qualification requirements: 4+ GCSEs (incl. Maths).
Senior Schemes Underwriter - Halifax; London; Bristol; Birmingham; Reading in Milton Keynes employer: Covea Insurance
Cova Insurance is an exceptional employer that prioritises the well-being and development of its employees, offering a flexible hybrid working model across various UK locations. With a strong commitment to inclusivity and a supportive culture, Cova fosters an environment where team members can thrive, engage in meaningful work, and benefit from numerous growth opportunities through employee-led initiatives and professional development programmes.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Schemes Underwriter - Halifax; London; Bristol; Birmingham; Reading in Milton Keynes
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join online forums, or even reach out to current employees at Cova Insurance on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interview by researching Cova Insurance and understanding their values and culture. Think about how your skills align with their needs and be ready to share specific examples of your past experiences. Confidence is key!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. A little follow-up can go a long way in making a positive impression.
✨Apply Through Our Website
Make sure to apply directly through the Cova Insurance website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the team!
We think you need these skills to ace Senior Schemes Underwriter - Halifax; London; Bristol; Birmingham; Reading in Milton Keynes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Schemes Underwriter role. Highlight your underwriting experience and any relevant skills that match what we're looking for. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background aligns with our values at Cova Insurance. Keep it engaging and personal – we love to see your personality!
Showcase Your Communication Skills:As an effective communicator, it's important to demonstrate your verbal and written skills in your application. Make sure your documents are clear, concise, and free of errors. This reflects your attention to detail, which is crucial for the role.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Covea Insurance
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially around property, liability, and trades/professions. Familiarise yourself with the UK commercial markets and any recent industry developments. This will show that you're not just a candidate, but someone who understands the nuances of the role.
✨Build Rapport with Brokers
Since the role involves maintaining strong relationships with brokers, think about how you can demonstrate your communication skills. Prepare examples of how you've successfully built relationships in the past, and be ready to discuss how you would approach broker review meetings.
✨Showcase Your Organisational Skills
Cova Insurance values detail-oriented candidates. Be prepared to talk about how you manage your time and prioritise tasks. You might want to share specific tools or methods you use to stay organised, as this will highlight your proactive approach to workflow management.
✨Emphasise Your Team Spirit
This role requires both independent work and collaboration. Think of examples where you've thrived in a team environment, as well as times when you've taken initiative on your own. Showing that you can balance both will make you a standout candidate.
