Renewals Underwriter in London

Renewals Underwriter in London

London Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite and manage risks while ensuring compliance and documentation accuracy.
  • Company: Join a dynamic team at a leading insurance company in Rayleigh.
  • Benefits: Enjoy a hybrid work model, competitive salary, and professional development opportunities.
  • Why this job: Make a real impact in the insurance industry while growing your skills.
  • Qualifications: Cert CII preferred with strong underwriting knowledge and regulatory understanding.
  • Other info: Be part of an inclusive workplace that values diversity and empowers you to thrive.

The predicted salary is between 36000 - 60000 Β£ per year.

We have an exciting opportunity to join our team as a Renewals Underwriter. You will acquire and retain profitable target business in line with prescribed underwriting strategies, customer service targets, business plans, financial performance targets and individual productivity expectations.

What you will do as an Underwriter:

  • To underwrite and administer risks (including renewals and midterm adjustments) and issue accurate, compliant documentation on behalf of Insurers within Delegated Underwriting Authority limits, and personal product licensing allowances.
  • To clearly demonstrate proactive follow up of risks underwritten.
  • Proactively demonstrate a high level of technical understanding commensurate with the licence held, and to actively progress underwriting licence attainment and technical understanding.
  • Demonstrate a high quality of underwriting in accordance with the businesses Quality Control requirements and framework.
  • Demonstrate an effective trading process and ability in line with individual business productivity expectations.
  • Develop and maintain professional, effective internal and external relationships.
  • Contribute positively and proactively to business development and change.
  • Conduct all business activities in line with prescribed Group business standards, service standards, and regulatory frameworks.

What we are looking for in our next Underwriter:

  • Cert CII preferred
  • Comprehensive underwriting knowledge and ability including specialist market and product knowledge
  • A comprehensive level of specialist market and specialist product knowledge
  • A working knowledge of the legal and regulatory insurance framework

Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.

If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.

Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received.

Renewals Underwriter in London employer: Everywhen company

Everywhen is an exceptional employer, offering a dynamic hybrid work environment in Rayleigh that fosters professional growth and development for our Renewals Underwriters. With a strong commitment to diversity, equity, and inclusion, we provide a supportive culture where employees can thrive and achieve their full potential while contributing to meaningful business objectives. Our focus on quality control and regulatory compliance ensures that you will be part of a team that values excellence and innovation in the insurance sector.
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Contact Detail:

Everywhen company Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Renewals Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work in underwriting. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss underwriting strategies and compliance confidently. We want you to shine when it comes to demonstrating your expertise!

✨Tip Number 3

Showcase your proactive approach! During interviews, share examples of how you've followed up on risks or improved processes in previous roles. This will highlight your commitment to quality and productivity.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.

We think you need these skills to ace Renewals Underwriter in London

Underwriting Knowledge
Risk Administration
Delegated Underwriting Authority
Technical Understanding
Quality Control Compliance
Business Development
Regulatory Framework Knowledge
Customer Service Skills
Relationship Management
Cert CII
Product Licensing Knowledge
Proactive Follow-Up
Effective Trading Process

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Renewals Underwriter role. Highlight your underwriting experience and any relevant qualifications like Cert CII. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how you can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Technical Knowledge: Since we’re looking for someone with a solid understanding of underwriting, make sure to mention any specific market or product knowledge you have. We want to know how you can hit the ground running!

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’s super easy – just a few clicks and you’re done!

How to prepare for a job interview at Everywhen company

✨Know Your Underwriting Inside Out

Make sure you brush up on your underwriting knowledge, especially in relation to renewals and midterm adjustments. Familiarise yourself with the specific products and markets relevant to the role, as this will show your technical understanding and commitment to the position.

✨Demonstrate Proactive Follow-Up Skills

During the interview, be ready to discuss how you've successfully followed up on risks in previous roles. Share specific examples that highlight your proactive approach and how it contributed to business success, as this aligns perfectly with what they’re looking for.

✨Build Relationships Like a Pro

Emphasise your ability to develop and maintain professional relationships. Prepare anecdotes that showcase your interpersonal skills and how you've positively impacted team dynamics or client relationships in past positions.

✨Align with Company Values

Research the company’s diversity, equity, and inclusion strategy. Be prepared to discuss how you can contribute to a positive working environment and align with their values, as this will demonstrate that you’re not just a fit for the role, but also for the company culture.

Renewals Underwriter in London
Everywhen company
Location: London
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