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- Tasks: Underwrite and develop innovative accident and health insurance products while collaborating with partners.
- Company: elseco, a cutting-edge insurance underwriting platform with global reach.
- Benefits: Competitive salary, opportunities for relocation, and a focus on professional growth.
- Why this job: Join a dynamic team and shape the future of insurance in a tech-driven environment.
- Qualifications: 7+ years in insurance, with 5+ years in accident and health experience.
- Other info: Exciting career progression opportunities and a chance to work in multiple global locations.
The predicted salary is between 36000 - 60000 £ per year.
elseco is a high technology specialty insurance underwriting platform. More than 50 insurance and reinsurance companies including Lloyd’s syndicates are currently trading on the platform. elseco group has regulated offices in London, Zurich, Paris, Dubai and Washington DC. The company was founded over a decade ago with space insurance and has since diversified into aviation, energy, and Accident & Health insurance.
Reporting to the Head of Accident and Health, the development Underwriter is tasked to underwrite and develop core products within the accident and health team. The role involves collaborating closely with distribution partners to understand their clients’ needs, evaluating risk exposures, and structuring coverage solutions that support long-term, profitable relationships. You will serve as a key point of contact for new business initiatives, working cross-functionally with actuarial, claims, and product teams to align underwriting decisions with market strategy. Success in the role requires strong interpersonal skills, business acumen, and the ability to balance risk management with partnership-driven growth.
The role requires a mandatory base location in London for the first three years, with the opportunity for internal mobility thereafter, including potential relocation to our Dubai office or other future elseco locations globally.
- Underwrite and administer A&H accounts across ViVet product line.
- Travel and market to expand distribution and develop producer relationships.
- Helping to support profit driven business, with a focus on supporting an overall profit commission.
- Provide underwriting insight on product performance to partners on a regular basis.
Minimum 7 years market insurance experience.
- ~5 years A&H experience with exposure to the specialist classes – marine, aviation, group personal accident/travel.
- ~ Experience of distribution with reputation and connectivity in the insurance market.
- ~ Supported the development and implementation of successful underwriting strategies.
- ~ Experience with setting up products for online distribution is a plus.
- ~ A customer centric approach with a track record of reacting positively to customers demands and needs.
- ~ A commitment to learning and self-development.
- ~ Good analytical skills with the ability to communicate this analysis effectively.
Commercial Insurance Development Underwriter in London employer: elseco
Contact Detail:
elseco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Development Underwriter in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the insurance sector. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand elseco's unique position in the market and be ready to discuss how your experience aligns with their needs. We want you to show them you’re not just another candidate, but someone who truly gets their business.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience in accident and health insurance, as well as your approach to risk management. We suggest rehearsing with a friend or in front of a mirror to boost your confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Commercial Insurance Development Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Insurance Development Underwriter role. Highlight your experience in accident and health insurance, and any relevant skills that align with our needs at elseco. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background fits with our mission at elseco. Don’t forget to mention your interpersonal skills and business acumen – we love a good story!
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just duties. Did you implement a successful underwriting strategy? Share those wins! We’re looking for candidates who can demonstrate their impact in previous roles.
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 the elseco family!
How to prepare for a job interview at elseco
✨Know Your Stuff
Make sure you understand the core products within the accident and health sector. Brush up on your knowledge of marine, aviation, and group personal accident/travel insurance. This will not only help you answer technical questions but also show your passion for the industry.
✨Showcase Your Interpersonal Skills
Since this role involves collaborating with distribution partners, be prepared to discuss how you've built and maintained relationships in the past. Share specific examples of how you've balanced risk management with partnership-driven growth to demonstrate your business acumen.
✨Prepare for Scenario Questions
Expect questions that ask you to evaluate risk exposures or structure coverage solutions. Think about real-life scenarios where you've had to make tough underwriting decisions and be ready to explain your thought process and the outcomes.
✨Highlight Your Commitment to Learning
The job description mentions a commitment to learning and self-development. Be ready to talk about any recent courses, certifications, or industry events you've attended. This shows you're proactive and dedicated to staying updated in the ever-evolving insurance landscape.