At a Glance
- Tasks: Deliver efficient underwriting services and build strong relationships with brokers.
- Company: Dynamic insurance company focused on collaboration and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth in a collaborative and structured environment.
- Why this job: Join a team that enables possibilities and helps clients achieve their goals.
- Qualifications: 5 years' experience in underwriting and strong negotiation skills.
The predicted salary is between 50000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.
Role Summary and Purpose
This role will achieve income and profit objectives through the delivery of an efficient case underwriting service to brokers through regular on-site broker development, supporting the technical management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.
Key Tasks and Responsibilities
- Service Existing Business whilst writing within risk selection, appetite and authority.
- Adherence to the 4 Call Process to maximise opportunities arising.
- Achieve Bottom Line, Top Line and Expense targets by managing and operating to the Key Performer Indicators of the region.
- Enhance Arch’s standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region’s most important brokers.
- Display strong negotiation skills that aide conversion and relationships with our key brokers.
- Maintain and enhance personal knowledge of relevant technical issues.
- Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
- Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.
Role Requirements & Skills
- Ideally at least 5 years' experience in underwriting.
- 2 Year Renewals / Existing Business Underwriting preferred.
- Proven Track Record in Underwriting.
- Ability to negotiate flexibly and appropriately.
- Demonstrates a range of influencing and negotiation approaches.
- Pricing of risk accordingly.
- Successfully developing effective trading relationships.
- Consistent achieving of goals and objectives.
- Experience working across functions / matrix organisation to collaborate and build strong relationships.
- Operational effectiveness and efficiency.
- Clear and effective communication.
- Minimum A level standard preferred.
- Professional Certification – progress towards ACII preferred.
The job holder will ideally have at least 5 years’ experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.
Underwriter in Bristol employer: Dormont Manufacturing Co
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to reach their full potential. With a strong focus on professional development and a commitment to maintaining robust relationships with key brokers, we offer a unique opportunity for Underwriters to thrive in a dynamic setting while contributing to the success of our clients and communities. Join us in enabling possibility and making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in Bristol
✨Dive Into Industry Networking Events
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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.
