At a Glance
- Tasks: Assess and underwrite various risks while collaborating with brokers.
- Company: Join Emerald Group Ltd, a leading player in the insurance industry.
- Benefits: Enjoy competitive pay, professional development opportunities, and a supportive work culture.
- Why this job: Make an impact in the insurance world while growing your skills in a dynamic environment.
- Qualifications: Cert CII or equivalent; 3 years of underwriting experience preferred.
- Other info: This role requires an EU work permit and offers a chance to work in London.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Key Duties (Including but not limited to):
Qualifications required:
Experience required:
Underwriter (Wholesale Business) – 28740 employer: Emerald Group Ltd.
Contact Detail:
Emerald Group Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter (Wholesale Business) – 28740
✨Tip Number 1
Familiarise yourself with the specific types of risks mentioned in the job description, such as SME packages and commercial combined risks. Understanding these areas will help you engage in more meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the underwriting field, especially those who work with brokers. This can provide you with insights into current trends and challenges in the industry, making you a more attractive candidate.
✨Tip Number 3
Stay updated on UK general insurance market regulations and practices. Being knowledgeable about compliance and legal requirements will demonstrate your commitment to the role and the industry.
✨Tip Number 4
Practice using MS Office tools, particularly Excel and PowerPoint, as these skills are essential for the role. Consider creating sample reports or presentations to showcase your proficiency during the interview process.
We think you need these skills to ace Underwriter (Wholesale Business) – 28740
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Underwriter position. Understand the key duties and qualifications required, as this will help you tailor your application to highlight relevant experience.
Tailor Your CV: Customise your CV to reflect your underwriting experience, particularly in SME packages, commercial combined, and property owner risks. Highlight any relevant qualifications like Cert CII or Dip CII, and ensure your skills in MS Office are clearly stated.
Craft a Compelling Cover Letter: Write a cover letter that addresses why you are a good fit for the role. Mention your experience in the UK general insurance market and your understanding of regulatory practices. Use specific examples to demonstrate your skills and achievements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial in underwriting roles.
How to prepare for a job interview at Emerald Group Ltd.
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially regarding SME packages and commercial combined risks. Be prepared to discuss specific examples from your past experience that demonstrate your understanding of risk assessment and pricing recommendations.
✨Familiarise Yourself with Regulatory Requirements
Since compliance is crucial in underwriting, take the time to review the relevant regulatory practices and legislations in the UK insurance market. Being able to articulate how you ensure compliance in your previous roles will impress the interviewers.
✨Showcase Your Analytical Skills
Prepare to discuss how you analyse risk submissions and work with brokers to gather necessary information. Highlight any tools or methods you use to assess risks effectively, as this will demonstrate your analytical capabilities.
✨Demonstrate Team Collaboration
As the role involves working closely with brokers and possibly other team members, be ready to share examples of how you've successfully collaborated in the past. Emphasising your ability to communicate and work as part of a team will show that you're a good fit for their culture.