At a Glance
- Tasks: Underwrite referrals, maintain broker relationships, and analyse underwriting trends.
- Company: Cova Insurance, an inclusive organisation prioritising people and flexible working.
- Benefits: Competitive salary, hybrid working, and opportunities for personal growth.
- Other info: Dynamic environment with a focus on career development and community.
- Why this job: Join a supportive team and make 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 Norfolk 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 Norfolk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Cova Insurance and understanding their values. Be ready to discuss how your skills align with their mission to protect what matters most. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! You want to be able to clearly articulate your experience and how it relates to the Senior Schemes Underwriter role. Keep it concise but impactful – make them remember you!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Schemes Underwriter - Halifax; London; Bristol; Birmingham; Reading in Norfolk
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 receive updates directly from us. Plus, it shows you're keen on joining our inclusive 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 help you answer technical questions confidently.
✨Build Rapport with Your Interviewers
Cova Insurance values strong relationships, so practice your communication skills. Be friendly and engaging during the interview. Show that you can build trading relationships by sharing examples of how you've successfully collaborated with brokers or colleagues in the past.
✨Showcase Your Organisational Skills
Prepare to discuss how you manage your workload and prioritise tasks. Bring examples of how you've maintained high service levels and managed multiple projects simultaneously. This will demonstrate your ability to thrive in a fast-paced environment.
✨Be Ready to Discuss Trends and Insights
Since the role involves identifying and reporting underwriting trends, think about any relevant experiences you have. Be prepared to discuss how you've analysed data or contributed to projects like large loss reviews. This shows you're proactive and detail-focused.
