At a Glance
- Tasks: Underwrite and negotiate employee benefits while building strong relationships with clients and intermediaries.
- Company: Dynamic company focused on meritocracy and rewarding self-starters.
- Benefits: Negotiable salary, 25 days holiday, pension, private medical, and professional development support.
- Other info: Join a diverse team with excellent career progression opportunities.
- Why this job: Make a real impact in a visible role that drives business growth and innovation.
- Qualifications: 3+ years in underwriting or broking with strong communication and analytical skills.
The predicted salary is between 50000 - 65000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
As an Underwriter within the Employee Benefits & Affinity A&H team, you will operate in a highly visible role that directly contributes to the overall success of Millstream. Working closely with colleagues across underwriting, distribution, and product functions, you will play an active role in supporting business development initiatives, shaping product design, and delivering sustainable pricing to maintain underwriting profitability while ensuring appropriate cover scope for employee benefits and affinity solutions.
The role focuses on supporting and strengthening both existing and new intermediary and partner relationships by delivering high-quality underwriting decisions and service. You will contribute to the effective management of the GWP pipeline, identify growth opportunities across the Employee Benefits and Affinity A&H portfolio, and take ownership of allocated broker, scheme, and client accounts to drive long-term, profitable growth.
Day to Day
- Underwrite, price and negotiate accounts consistent with the quality of risk and according to the company’s strategy and guidelines.
- Work to develop existing business and expansion into new product areas.
- Good understanding of policy wording & slip operative clauses.
- Create, develop and maintain relationships with intermediaries and clients.
- Develop and maintain relationships with insurers.
- Review and implement changes to existing pool of wordings.
- Maintain compliance with appropriate rules, legislation, underwriting agreements, working procedures and other forms of best practice.
- Execute agreed business/action plans with intermediaries in terms of profitability, retention and new business opportunities.
- Achieve agreed GWP and income targets.
- Undertake data analysis and management reporting and identify any issues or opportunities.
About you
You’ll have a solid grounding within A&H markets ideally with 3+ years experience within an underwriting or broking role. Your skill set should include strong communication (written, verbal, video), influencing, relationship management, negotiation, analytical, numerical and IT skills.
What’s on offer
A negotiable basic salary coupled with all the normal benefits including 25 days holiday (+Bank Holidays), Pension, Death in Service (4x Salary), Individual Private Medical (post probation). Full support for professional qualifications (including funding / study leave etc.). Access to the annual Brown & Brown Share Save Scheme.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Affinity Underwriter - Employee Benefits & Affinity Team employer: Dormont Manufacturing Co
At Millstream, we pride ourselves on a meritocratic culture that empowers self-starters and prioritises customer satisfaction. Located in the vibrant city of London, our Affinity Underwriter role offers not only a competitive salary and comprehensive benefits package but also ample opportunities for professional growth and development. Join us to be part of a dynamic team that values collaboration, innovation, and long-term success in the Employee Benefits and Affinity sector.
StudySmarter Expert Advice🤫
We think this is how you could land Affinity Underwriter - Employee Benefits & Affinity Team
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Affinity Underwriter - Employee Benefits & Affinity Team
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Dormont Manufacturing Co, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Dormont Manufacturing Co's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
