Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Private Clients team as an Underwriter, managing high net worth accounts and ensuring top-notch service.
- Company: Covéa Insurance offers award-winning home, motor, and commercial insurance with a focus on customer care.
- Benefits: Enjoy flexible working hours, 25 days holiday, health perks, and a generous pension scheme.
- Why this job: Be part of a mission-driven company that values inclusivity and personal development in a collaborative environment.
- Qualifications: Strong planning skills, effective communication, and experience in HNW or personal lines insurance preferred.
- Other info: We encourage diverse applicants and offer support for those who may need adjustments during the recruitment process.
The predicted salary is between 25000 - 40000 £ per year.
We are looking for an Underwriter to join our Private Clients team here at Covéa Insurance. Covéa Insurance offers a wide range of home, motor and commercial insurance backed by our award-winning customer service. Our purpose is to “help protect people against the worst happening and put it right if it does”. It’s the reason we are here, and it’s the task we all focus on every day.
In this role, you will actively contribute and assist the HNW department in achieving the budgeted new business GWP, retention and rate strength targets, whilst providing first class service. You will develop and maintain excellent relationships to assist with the profitable growth of our HNW accounts. This role is based onsite at our Halifax office. We find that working together in the office increases collaboration and engagement, and also supports your development too!
What will I be doing?
- Underwriting and processing new business, renewals, and adjustments across all HNW teams, ensuring accuracy and adherence to Covéa’s SLAs
- Managing a personal portfolio in line with service, technical, and compliance standards
- Demonstrating technical competence in underwriting mid and high net worth cases within authority limits and Covéa’s risk appetite
- Contributing to departmental profitability and retention through proactive prospecting and lead generation
- Assessing risks with consideration of claims history and risk management insights, consulting specialists when needed
- Maintaining strong product knowledge and provide input on product development and risk appetite
- Building and maintaining internal and external relationships, attending meetings and events as required
- Supporting projects and initiatives, taking ownership of areas aligned with your expertise
- Mentoring junior team members and assisting with training and referrals
- Striving to meet and exceed annual performance goals
You should apply if you have…
- Strong planning and organisational skills with the ability to work to a deadline
- Effective communication skills with the ability to develop and sustain relationships with internal and external parties
- MI and analytical skills
- Strong collaboration skills when working with other HNW teams, with the ability to act as a coach and/or mentor
- Drive to achieve the highest professional standards, acting well on feedback and constantly seeking to improve their performance
- Excellent listening skills when supporting others; demonstrating understanding with appropriate follow-up actions
- A “can do” attitude – identifying any challenges and proactively seeking solutions
- Experience within HNW or personal lines insurance
- Cert CII or working towards Dip CII Qualifications is desirable but not essential
We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.
What’s on offer?
- 36.25 working hours per week with flexitime, (along with a range of flexible working options)
- Annual pay review and performance related bonus
- 25 days holiday + bank holidays, with the option to buy/sell holidays
- Continued professional development through internal training programmes, professional qualifications and apprenticeships
- A wealth of support for your mental, financial & physical wellbeing through our Wellbeing group
- A range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insurance
- Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years
- Generous pension scheme with a 7.5% minimum employer pension contribution, matched to maximum of 9% dependant on your contribution
- Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal
Our Mission…
Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.
As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all. If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.
Salary Up to £32,850 Dependent on Experience
Working Hours 36.25
Seniority level Entry level
Employment type Full-time
Job function Finance and Sales
Industries Insurance
Contact Detail:
Covéa Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Clients Underwriter
✨Tip Number 1
Familiarise yourself with the specific requirements of the Private Clients Underwriter role. Understand the nuances of underwriting high net worth (HNW) cases and be prepared to discuss your knowledge of risk assessment and claims history during any interviews.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in HNW sectors. Attend relevant events or join online forums to build connections that could provide insights or referrals for the position at Covéa Insurance.
✨Tip Number 3
Demonstrate your proactive approach by preparing questions about Covéa Insurance’s current projects and initiatives in the HNW space. This shows your genuine interest in the company and the role, making you a more appealing candidate.
✨Tip Number 4
Highlight your collaboration skills by sharing examples of how you've successfully worked in teams before. Since the role involves mentoring junior members and working closely with other teams, showcasing your teamwork experience can set you apart.
We think you need these skills to ace Private Clients Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in high net worth (HNW) insurance. Use specific examples that demonstrate your skills in risk assessment and relationship management.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Covéa Insurance. Mention how your skills align with their mission to protect clients and your commitment to providing excellent service.
Highlight Relevant Skills: Emphasise your planning, organisational, and communication skills. Provide examples of how you've successfully collaborated with teams or mentored others in previous roles.
Showcase Continuous Learning: If you're working towards professional qualifications like Cert CII or Dip CII, mention this in your application. It shows your commitment to professional development and aligns with Covéa's focus on training and growth.
How to prepare for a job interview at Covéa Insurance
✨Showcase Your Technical Knowledge
As a Private Clients Underwriter, demonstrating your understanding of underwriting principles, especially for high net worth cases, is crucial. Be prepared to discuss specific examples from your experience that highlight your technical competence and decision-making skills.
✨Emphasise Relationship Building
Covéa Insurance values strong relationships with clients and internal teams. During the interview, share instances where you've successfully built and maintained relationships, and how this has contributed to business growth or client satisfaction.
✨Demonstrate Your Problem-Solving Skills
A 'can do' attitude is essential for this role. Prepare to discuss challenges you've faced in previous positions and how you proactively sought solutions. This will show your potential employer that you're resourceful and resilient.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your analytical and decision-making skills. Practice articulating your thought process when assessing risks or managing a portfolio, as this will demonstrate your ability to think critically under pressure.
