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For Companies At a Glance
- Tasks: Develop new business and service existing clients while maintaining underwriting standards.
- Company: Dynamic organisation focused on XOL products in Northern Europe.
- Benefits: Competitive salary, professional development, and networking opportunities.
- Why this job: Join a team that shapes the future of trade credit underwriting.
- Qualifications: Strong relationship-building skills and knowledge of underwriting practices.
- Other info: Exciting role with opportunities for growth and impact in the industry.
The predicted salary is between 36000 - 60000 £ per year.
An XOL Underwriter is responsible for both developing new business and servicing existing XOL clients, while maintaining sound commercial and risk underwriting standards. This role involves contributing to the development of the XOL product within the Northern Europe region, ensuring that underwriting practices align with the strategic goals of the organisation.
Main Tasks:
- New Business Development: Cultivate strong relationships with brokers to generate new business enquiries, including attending market and networking events.
- Underwrite and price new business enquiries using the XoL pricing model and market knowledge.
- Conduct credit limit underwriting within individual risk authorities, and referring credit limits in excess of individual risk authorities to senior stakeholders for approval.
Xol Trade Credit Underwriter in England employer: Euler Hermes UK - London
Contact Detail:
Euler Hermes UK - London Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Xol Trade Credit Underwriter in England
✨Tip Number 1
Networking is key! Get out there and attend industry events or local meet-ups. It’s a great way to connect with brokers and other professionals who can help you land that XOL Trade Credit Underwriter role.
✨Tip Number 2
Show off your expertise! When you’re chatting with potential employers or at networking events, don’t hesitate to share your insights on underwriting practices and market trends. This will position you as a knowledgeable candidate.
✨Tip Number 3
Follow up after meetings! A quick email thanking someone for their time and reiterating your interest can keep you top of mind. Plus, it shows you’re proactive and genuinely interested in the role.
✨Tip Number 4
Apply through our website! We’ve got all the latest job openings listed, and applying directly can sometimes give you an edge. Plus, it’s super easy to navigate and find the perfect fit for you.
We think you need these skills to ace Xol Trade Credit Underwriter in England
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your experience in underwriting and business development. We want to see how you’ve cultivated relationships with brokers and any successes you've had in generating new business.
Tailor Your Application: Don’t just send a generic CV and cover letter. We love it when applicants tailor their documents to reflect the specific requirements of the XOL Trade Credit Underwriter role. Show us you understand what we’re looking for!
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Euler Hermes UK - London
✨Know Your XOL Inside Out
Before the interview, make sure you understand the XOL (Excess of Loss) product thoroughly. Familiarise yourself with its pricing models and how they apply to different scenarios. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Build Your Broker Relationship Skills
Since cultivating strong relationships with brokers is key, think of examples from your past experiences where you've successfully built rapport or closed deals. Be ready to discuss these during the interview to demonstrate your ability to generate new business enquiries.
✨Showcase Your Risk Assessment Skills
Prepare to talk about your experience with credit limit underwriting. Bring specific examples of how you've assessed risks in the past and the outcomes of those decisions. This will highlight your ability to maintain sound commercial and risk underwriting standards.
✨Align with Their Strategic Goals
Research the organisation's strategic goals and be prepared to discuss how your skills and experiences align with them. This shows that you’re not just looking for any job, but that you’re genuinely interested in contributing to their success in the Northern Europe region.
