At a Glance
- Tasks: Underwrite and price new business while building strong broker relationships.
- Company: Join an innovative company with strong broker partnerships.
- Benefits: Enjoy a competitive salary, bonuses, private health cover, and hybrid working.
- Other info: Dynamic role with great potential for career growth and development.
- Why this job: Make a real impact in the commercial insurance market with exciting new business opportunities.
- Qualifications: Experience as a Commercial Underwriter with excellent communication skills.
The predicted salary is between 40000 - 50000 £ per year.
You'll be joining an innovative market with very strong Broker relationships which are proving financially beneficial for both parties. Accordingly, they are writing lots of good New Business across the main Commercial classes, and there's strong demand for more.
In this New Business Commercial Underwriter role, you will focus on high quality New Business 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 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 New Business 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 New Business 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
Commercial Lines Underwriter employer: Employment Specialists
Join a forward-thinking company that values innovation and strong Broker relationships, making it an excellent employer for a Commercial Lines Underwriter. With a focus on professional growth, you will benefit from a supportive work culture that encourages collaboration and exceptional customer service, alongside attractive benefits such as a company pension, private health cover, and hybrid working options. This role not only offers the chance to excel in underwriting but also to build meaningful connections within the industry, ensuring a rewarding career path in a thriving market.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Lines Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Employment Specialists). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Employment Specialists. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Lines Underwriter
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Employment Specialists.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Employment Specialists. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Employment Specialists
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Employment Specialists to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Employment Specialists, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Employment Specialists's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
