Senior Commercial Underwriter

Senior Commercial Underwriter

Basildon Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to manage high-quality underwriting and build strong broker relationships.
  • Company: Be part of a growing client known for innovation and success in the commercial insurance market.
  • Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
  • Why this job: This role offers a chance to make an impact in a thriving industry with a supportive culture.
  • Qualifications: Experience in commercial underwriting and strong analytical skills are essential.
  • Other info: This position is ideal for those looking to advance their career in a collaborative environment.

The predicted salary is between 43200 - 72000 £ per year.

You\’ll be joining an innovative market with very strong Broker relationships which are proving beneficial for both parties and also financially. Accordingly they are writing lots of good New Business across the main Commercial classes.

Our growing Client has an exciting opportunity for a Senior Underwriter to join their very successful Team.

In this role you will focus on high quality underwriting and building strong working relationships with your Brokers. You will be proactive and confident when dealing with your panel of Brokers enabling you to retain and maximise Business through the delivery of exceptional Customer Service and attractive deals.

You would be working closely with them and often, even in their offices.

As a Senior Commercial Underwriter your main responsibilities will include:

  • Underwrite and price New Business profitably and accurately
  • Determine the desirability of accepting or rejecting business risks
  • Identify the need, recommend and evaluate additional risk assessment information
  • Maintain and develop Business Relationships with your Brokers by regular contacts and to keep abreast of their issues
  • Assist Colleagues with technical and procedural aspects of Underwriting

As a successful Senior Commercial Underwriter, you will demonstrate:

  • Strong experience of working as a Commercial Underwriter
  • Track record of successful Broker relationships
  • Excellent interpersonal, communication and negotiation skills
  • Ability to build strong working relationships and deliver exceptional customer service

Benefits Include:

  • Company pension
  • Bonus
  • Private Health cover
  • Life assurance
  • Car Parking
  • Hybrid working

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Senior Commercial Underwriter employer: Employment Specialist

Join a dynamic and forward-thinking company that values innovation and strong broker relationships, making it an excellent employer for those seeking to thrive in the insurance sector. With a commitment to employee development, a collaborative work culture, and opportunities for career advancement, you will find a rewarding environment that encourages professional growth while contributing to the success of the team. Located in a vibrant area, our company offers unique advantages such as flexible working arrangements and a supportive atmosphere that fosters creativity and excellence.
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Contact Detail:

Employment Specialist Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Commercial Underwriter

✨Tip Number 1

Network with professionals in the insurance industry, especially those who work as underwriters or brokers. Attend industry events or webinars to build relationships and gain insights into the latest trends and practices.

✨Tip Number 2

Familiarise yourself with the specific commercial classes mentioned in the job description. Understanding the nuances of these areas will help you demonstrate your expertise during interviews and discussions.

✨Tip Number 3

Prepare to discuss your previous underwriting experiences in detail, particularly any successful new business initiatives you've led. Highlighting your achievements will show your potential value to our team.

✨Tip Number 4

Research our company’s culture and values to align your responses during interviews. Showing that you understand and resonate with our mission can set you apart from other candidates.

We think you need these skills to ace Senior Commercial Underwriter

Commercial Underwriting Expertise
Risk Assessment
Broker Relationship Management
Financial Acumen
Analytical Skills
Attention to Detail
Negotiation Skills
Decision-Making Skills
Regulatory Knowledge
Market Analysis
Communication Skills
Problem-Solving Skills
Team Collaboration
Adaptability
Time Management

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Senior Commercial Underwriter position. Understand the key responsibilities and required skills, so you can tailor your application to highlight your relevant experience.

Highlight Relevant Experience: In your CV and cover letter, emphasise your previous underwriting experience, particularly in commercial classes. Use specific examples to demonstrate how your skills have contributed to successful outcomes in past roles.

Showcase Broker Relationships: Since the role involves strong broker relationships, mention any relevant connections or experiences you have with brokers. Highlight how these relationships have benefited your previous employers and how you can leverage them in this new role.

Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also conveys your enthusiasm for the position. Discuss why you are interested in joining this innovative market and how you can contribute to the team's success.

How to prepare for a job interview at Employment Specialist

✨Understand the Market

Familiarise yourself with the current trends in the commercial underwriting market. Being able to discuss recent developments and how they impact broker relationships will show your depth of knowledge and enthusiasm for the role.

✨Highlight Your Experience

Prepare to discuss specific examples from your previous roles that demonstrate your high-quality underwriting skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

✨Showcase Relationship Management Skills

Since the role involves strong broker relationships, be ready to talk about how you've successfully managed and nurtured these connections in the past. Highlight any strategies you used to build trust and rapport.

✨Ask Insightful Questions

Prepare thoughtful questions about the company's approach to underwriting and their future plans. This not only shows your interest but also helps you gauge if the company aligns with your career goals.

Senior Commercial Underwriter
Employment Specialist
Location: Basildon
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