At a Glance
- Tasks: Underwrite product recall solutions and manage relationships with brokers and clients.
- Company: Join Starr, a rapidly growing global insurance organisation.
- Benefits: Inclusive culture, first-class training, and opportunities for career growth.
- Other info: Dynamic environment with a focus on innovation and problem-solving.
- Why this job: Make a real impact in crisis management while developing your skills.
- Qualifications: Proven underwriting experience and strong communication skills required.
The predicted salary is between 50000 - 70000 £ per year.
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
Role Purpose
Our Crisis Management team offer product recall solutions for a broad spectrum of product manufacturers including product contamination, auto and component recall liability, consumer goods recall, and others. Business is written on a global basis with primary focus on the USA. The key to success within this role will be a highly detailed and analytical underwriting approach, impactful relationship management and unparalleled sales skills. This is in addition to excellent organisational skills and the ability to think ahead and use initiative. You will need to thrive in a business development role and be able to demonstrate a skill for working with senior brokers/clients. You will need to take ownership of relationships and be confident these lead to profitable business.
Key Responsibilities
- Primarily underwrite the Product Recall section of the Crisis Management portfolio.
- Work closely with the Lead Underwriter to deliver the underwriting strategy for your class of business.
- Drive underwriting excellence across the Crisis Management book by ensuring adherence to risk appetite, lines setting, standards and guidelines, rating, and pricing adequacy.
- Ensure high quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.
- Provide a compelling and knowledgeable service offering to brokers and clients, making Starr a go-to Market for Crisis Management business.
- Lead and develop close relationships with our partner brokers.
- Cultivate business development initiatives to grow the portfolio profitably, where desired.
- Own the development of our underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
- A proven track record of profitable underwriting or broking performance.
- An excellent Market reputation in the Product Recall market.
- Meaningful Broker and Client relationships and the ability to develop business from a variety of sources.
- Excellent communication skills, and the ability to deal comfortably with different types of people at all levels of seniority.
- Demonstrable experience of managing risks appropriately, applying judgement and being prepared to own and take responsibility for your decisions.
- Experience in the use (and ideally the development) of online trading portals and/or other automated placement systems.
Core behavioural competencies
- Analysis and decision making
- Innovation and problem solving
- Strategic perspective
- Commerciality
- Communication and influence
- Resilience and adaptability
Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Underwriter, Crisis Management employer: ERS
Starr is an exceptional employer, offering a dynamic work environment where talented individuals can thrive in the fast-paced world of global insurance. With a strong commitment to employee development and a culture that values innovation and inclusivity, associates are empowered to grow their careers while making a meaningful impact in crisis management. Located at the heart of the insurance industry, Starr provides unparalleled opportunities for professional growth and the chance to work with leading brokers and clients worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Crisis Management
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and experience in underwriting. Share specific examples of how you've managed risks and built successful relationships with brokers.
✨Be Prepared for Interviews
Research Starr and the Crisis Management team thoroughly before your interview. Understand their products and market position so you can discuss how your skills align with their needs. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our talented team.
We think you need these skills to ace Underwriter, Crisis Management
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role in Crisis Management. Highlight your experience in underwriting or broking, especially in product recall, and showcase any relevant skills that align with what we’re looking for.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Use it to demonstrate your understanding of the Crisis Management market and how your past experiences have prepared you for this position at Starr.
Showcase Your Relationships:We value strong relationships with brokers and clients. In your application, mention any meaningful connections you have in the industry and how you've successfully developed business from those relationships.
Apply Through Our Website:Don’t forget to apply 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 our talented team at Starr.
How to prepare for a job interview at ERS
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the Product Recall market. Be prepared to discuss specific cases and how you've managed risks in the past. This will show that you not only understand the role but can also bring valuable insights to the team.
✨Build Rapport with Brokers
Since relationship management is key, think about how you can demonstrate your ability to connect with brokers during the interview. Share examples of how you've successfully built and maintained relationships in previous roles, and be ready to discuss your approach to business development.
✨Showcase Your Analytical Skills
Prepare to highlight your analytical skills by discussing how you've assessed risks and made decisions based on data. Bring examples of how your analytical approach has led to profitable outcomes in your previous underwriting or broking experiences.
✨Demonstrate Your Communication Prowess
Communication is crucial in this role, so practice articulating your thoughts clearly and confidently. Think about how you can convey complex information simply, and be ready to engage in discussions that showcase your ability to interact with various stakeholders at different levels.