At a Glance
- Tasks: Develop insurance knowledge and manage relationships with brokers to drive growth.
- Company: Join a leading motor specialist in a supportive and dynamic environment.
- Benefits: Career progression, competitive salary, and a collaborative team culture.
- Other info: Opportunity to work with a dedicated team and contribute to business success.
- Why this job: Make a positive impact while developing your skills in the insurance industry.
- Qualifications: 5 years of relevant experience and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Eridge Underwriting is a motor specialist Managing General Agent based in Tunbridge Wells, Kent. We are a brand for DUAL Corporate Risks Ltd who in turn are part of the Howden Insurance Group. Eridge generates over £70 million premium income with 75 Brokers throughout the UK.
You have an opportunity to make a positive contribution to a successful business in a working environment which encourages responsibility and supports personal and professional development. We are a team of 20, looking for a Motor Development Underwriter with at least 5 years' relevant experience to join our Underwriting team, helping The Company to meet growth targets profitably in a controlled and professional way.
The Role
- Develop a thorough knowledge of our core insurance products (Private Car, CV, Motor Trade and Taxi) and the way Eridge operates.
- Establish positive working relations with our Brokers, identifying and helping to manage and improve their performance.
- Handle enquiries from our Broker partners, providing guidance on general risk acceptance, bespoke quotes, and renewals.
- Assist in ensuring our Brokers are performing their duties on behalf of Eridge in a professional manner.
- Contribute to the department achieving administrative SLA targets.
- Communicate with colleagues on any observations or matters of business interest.
- Help analyse performance of schemes, brokers and product segments.
- Work with our Fraud Team to identify any fraud issues.
- Understand and act on our regulatory and compliance obligations.
About You
- A person who enjoys working within a team and wants to make a positive difference with their own endeavours and in partnership with colleagues.
- Strong analytical skills; confidently handling and interpreting data.
- Excellent written and oral communication skills - confident in expressing your views.
- An ability to be a decisive and considered decision maker.
- The ability to build and manage relationships with brokers and other external partners.
- Good organisational skills with the ability to work to deadlines.
What we offer
A great career opportunity in a company that encourages progression.
Motor Development Underwriter employer: DUAL UK
Eridge Underwriting is an exceptional employer located in the picturesque Tunbridge Wells, Kent, offering a dynamic work environment that fosters personal and professional growth. With a strong emphasis on teamwork and responsibility, employees are encouraged to develop their skills while contributing to the company's success in the motor insurance sector. Joining our team means being part of a supportive culture that values innovation and collaboration, making it a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Motor Development Underwriter
✨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 DUAL UK). 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 DUAL UK. 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 Motor Development Underwriter
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 DUAL UK.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at DUAL UK. 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 DUAL UK
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at DUAL UK 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 DUAL UK, 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 DUAL UK'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.
