At a Glance
- Tasks: Assess financial risks and set terms for underwriting in a dynamic environment.
- Company: Join a fast-growing MGA with a tech-driven approach to risk management.
- Benefits: Be part of a start-up culture with opportunities for growth and influence.
- Why this job: Shape the underwriting function and make a real impact from day one.
- Qualifications: 5+ years in credit, surety, or financial failure underwriting required.
- Other info: This is a newly created role with significant growth potential.
The predicted salary is between 43200 - 72000 £ per year.
We are working with a fast-growing MGA to help them hire their first Underwriter into the business. This is a newly created role, offering the opportunity to help shape the underwriting function and play a key part in the company’s next phase of growth.
The business specialises in credit and financial failure products and is backed by strong insurer relationships and a tech-driven approach to risk. With a start-up feel and big ambitions, they’re building something exciting.
You’ll be assessing financial risk, reviewing proposers’ data, setting terms and pricing, and referring complex cases where needed. You’ll liaise closely with internal teams and insurers, support policy documentation and contribute to regular reporting and performance tracking.
- Around 5+ years’ experience in credit, surety, or financial failure underwriting
- Strong analytical and financial skills
This is a brilliant opportunity to join a fast-growing MGA early on, influence underwriting strategy, work closely with leadership and make a real impact from day one.
Locations
Risk Underwriter employer: Emblaze Talent
Contact Detail:
Emblaze Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in credit and financial failure underwriting. Understanding the current market dynamics and challenges will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the insurance and underwriting sectors. Attend industry events or join relevant online forums to connect with others in the field. This can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your analytical skills and decision-making abilities. Be ready to explain how you've assessed risk and set terms in previous roles, as this will be crucial for the interview.
✨Tip Number 4
Research the company’s tech-driven approach to risk management. Being knowledgeable about their tools and methodologies will not only impress the hiring team but also show your enthusiasm for contributing to their innovative strategies.
We think you need these skills to ace Risk Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Risk Underwriter. Familiarise yourself with credit and financial failure products, as well as the specific skills required for this position.
Tailor Your CV: Highlight your relevant experience in credit, surety, or financial failure underwriting. Use specific examples to demonstrate your analytical and financial skills, ensuring they align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background and skills can contribute to shaping the underwriting function and supporting the company's growth ambitions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for an underwriting role.
How to prepare for a job interview at Emblaze Talent
✨Understand the Company and Its Products
Before your interview, make sure to research the company thoroughly. Understand their focus on credit and financial failure products, as well as their tech-driven approach to risk. This knowledge will help you demonstrate your interest and align your skills with their needs.
✨Showcase Your Analytical Skills
As a Risk Underwriter, strong analytical skills are crucial. Be prepared to discuss specific examples from your past experience where you successfully assessed financial risks or made data-driven decisions. Highlighting these experiences will show that you have the expertise they are looking for.
✨Prepare for Technical Questions
Expect technical questions related to underwriting processes, risk assessment, and pricing strategies. Brush up on relevant terminology and be ready to explain your thought process when evaluating complex cases. This will demonstrate your competence in the field.
✨Emphasise Your Collaborative Skills
Since the role involves liaising with internal teams and insurers, it's important to highlight your teamwork abilities. Share examples of how you've successfully collaborated with others in previous roles, and express your enthusiasm for contributing to a growing team.