At a Glance
- Tasks: Manage new business and broker relationships while providing top-notch service.
- Company: Join a leading insurance firm with a focus on innovation and teamwork.
- Benefits: Enjoy generous private healthcare, pension scheme, and a supportive work environment.
- Other info: Dynamic team atmosphere with opportunities for personal and professional growth.
- Why this job: Make a real impact in the insurance industry while building valuable relationships.
- Qualifications: 2+ years of underwriting experience and strong communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
Responsible to: Jake Walker – New Business Team Manager
Department: London/SE New Business
Job Purpose
Manage and develop the book of new business and broker relationships, focusing on service and trading.
Main Duties and Responsibilities
- Reviewing and underwriting of new business quotations across all products within our underwriting appetite including any queries within the SLA’s of the business.
- Regular communication with the Business Development Managers to maintain broker relationships.
- Act as a referral point for lower level license holders.
- Work closely and effectively with the Team to ensure that all work is completed within SLA’s and to maintain broker relationships by offering a high level of customer service.
- Answer phone calls to broker in a professional and friendly manner.
- Operate in accordance within the Underwriting License given and use the Underwriting guide when in doubt or refer to senior colleagues for a collaborative approach.
- 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:
Work Related Personal Requirements
- Self‑motivated
- Good at influencing and relationship building
Competence Summary (knowledge, abilities, skills, experience)
- Excellent communication skills
- Teamworking
- Good organisational skills to ensure that company processes and procedures are followed
- Ability to perform under pressure
- Problem solving
Qualifications & Training
- Minimum of 2 years Underwriting experience (commercial insurance, property/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, New Business (London/South East) employer: Eaton Gate MGU Limited
Eaton Gate is an exceptional employer, offering a dynamic work environment in the heart of London/South East, where you can thrive as a Trading Underwriter. With a strong focus on employee growth, we provide generous private healthcare and pension schemes, fostering a culture of collaboration and support that empowers you to build lasting broker relationships while delivering outstanding customer service. Join us to be part of a team that values initiative and promotes a positive work-life balance, ensuring your contributions are recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Underwriter, New Business (London/South East)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and underwriting sectors. Attend industry events or webinars to meet potential employers and learn more about the latest trends. Remember, it’s all about who you know!
✨Tip Number 2
Practice your pitch! When you get the chance to chat with hiring managers or recruiters, be ready to explain why you’re the perfect fit for the Trading Underwriter role. Highlight your experience and how you can build strong broker relationships.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’d be a fantastic addition to their team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications that way!
We think you need these skills to ace Trading Underwriter, New Business (London/South East)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trading Underwriter role. Highlight your underwriting experience and any relevant qualifications like Cert CII or ACII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how you can build strong broker relationships. Keep it friendly and professional, just like we do at StudySmarter.
Showcase Your Communication Skills:Since excellent communication is key in this role, make sure to demonstrate your ability to communicate effectively in your application. Whether it's through your writing style or examples of past experiences, let us know you can connect with brokers!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Eaton Gate MGU Limited
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially in commercial insurance and property/casualty. Be ready to discuss your experience and how it aligns with the role. Familiarise yourself with the company's underwriting appetite and be prepared to talk about how you've successfully managed new business quotations in the past.
✨Build Rapport with Brokers
Since maintaining broker relationships is key, think of examples where you've successfully influenced or built relationships in previous roles. During the interview, show your communication skills by being friendly and professional, just like you would when answering calls from brokers.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific challenges you've faced in underwriting and how you resolved them. This will demonstrate your ability to perform under pressure and your initiative in improving work processes, which are crucial for this role.
✨Emphasise Teamwork and Collaboration
Highlight your experience working in teams and collaborating with colleagues, especially in relation to maintaining SLAs and delivering customer outcomes. Share examples that showcase your organisational skills and how you’ve contributed to a positive team environment.
