At a Glance
- Tasks: Build and maintain broker relationships while providing top-notch customer service.
- Company: Join a reputable company focused on collaboration and customer satisfaction.
- Benefits: Enjoy generous private healthcare, pension scheme, and a supportive work environment.
- Other info: Dynamic team atmosphere with opportunities for growth and learning.
- Why this job: Make a real impact in the insurance industry while developing your professional skills.
- Qualifications: 2+ years of underwriting experience and strong communication skills required.
The predicted salary is between 49500 - 60500 £ per year.
Responsible to: Existing Business Manager
Department: Existing Business
Job Purpose
To build and maintain broker relationships by offering a high level of customer service and to work closely and effectively with the team and your team leaders to ensure that all work is completed within SLA’s.
Main Duties and Responsibilities
- Provide brokers with their renewal invites for all products including RPO, CPO, Retail, Pubs, Restaurants, Hotels, Contractors, Tradesman and Commercial Combined, in good time.
- Work through any renewals queries for your panel of brokers in a timely manner.
- Action all Mid Term Adjustments and Cancellations for your brokers and clients.
- Large case management for renewals over £5,000 and above.
- Act as a referral point for Underwriting Assistants within the Team.
- Answer phone calls to broker in a professional and friendly manner.
- Operate in accordance within the Underwriting License given.
- Make use of the Underwriting guide in addition to senior colleagues for a collaborative approach to underwriting.
- Take initiative, within the context of the role, to improve work processes and promote overall corporate goals.
- Ensure Group trading entities deliver customer outcomes in a compliant manner in accordance with the principles of Treating Customers Fairly (TCF).
Person Specification
It is anticipated, that to be successful in this role at Eaton Gate, you will be able to demonstrate the following:
KEY CRITERIA
ESSENTIAL
- Self-motivated
- Friendly, but professional
- Good relationship building skills
- Quick to learn
- Strong Teamworking skills
- Ability to prioritise and ensure deadlines are met
Competence Summary (knowledge, abilities, skills, experience)
- Excellent communication skills
- Good organisational skills
- Strong commercial underwriting skills
- Proficient in using Microsoft Word and Excel
- Ability to perform under pressure
- Problem solving
Qualifications & Training
- Minimum of 2 years Underwriting experience (commercial property and casualty)
- Cert CII or ACII qualifications
Other Work Requirements
- To act in accordance with the Group’s values with both internal and external customers to facilitate continued and improved company reputation and success
- Positive attitude
- Reliable and dependable
- Generous private health care and pension scheme
Trading Underwriter, Existing Business employer: Eaton Gate MGU Limited
Eaton Gate is an exceptional employer located in London, offering a dynamic work environment where collaboration and professional growth are at the forefront. As a Trading Underwriter, you will benefit from a generous private healthcare and pension scheme, while being part of a supportive team that values strong relationships with brokers and prioritises customer service excellence. With opportunities for continuous learning and development, Eaton Gate fosters a culture that encourages initiative and innovation, making it a rewarding place to advance your career in underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Underwriter, Existing Business
✨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 Eaton Gate MGU Limited). 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 Eaton Gate MGU Limited. 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 Trading Underwriter, Existing Business
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 Eaton Gate MGU Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Eaton Gate MGU Limited. 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 Eaton Gate MGU Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Eaton Gate MGU Limited 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 Eaton Gate MGU Limited, 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 Eaton Gate MGU Limited'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.
