At a Glance
- Tasks: Underwrite new business and maintain strong broker relationships in a dynamic environment.
- Company: Established MGA with a reputation for excellence in commercial insurance since 1993.
- Benefits: Competitive salary, pension contributions, healthcare cover, and life insurance after 3 years.
- Why this job: Join a growing team and make an impact in the insurance industry.
- Qualifications: Experience in commercial underwriting and strong communication skills required.
- Other info: Flexible working options available across multiple locations.
The predicted salary is between 36000 - 60000 £ per year.
Folgate Underwriting Agency Limited (FUAL) trading as Folgate Underwriting, has been a recognised and established managing general agent (MGA) in the UK since 1993.
Throughout its history, the company has underwritten commercial lines business generated by FCA-regulated UK-based insurance brokers, offering a wide range of commercial insurance products on behalf of their clients, including Property, General Liability, Professional Liability and Excess of Loss.
Role Overview
We are seeking a proactive and experienced Property & Liability Underwriter to join our growing team, ideally based in our Hornchurch, Essex office. The role offers flexibility to work from our London office, Essex, or the North West region.
Location
Hornchurch, Essex (with flexibility to work from London office, Essex, or North West region)
Employment Type
Full-time | Permanent
Key Responsibilities
- Underwrite new business, renewals, and mid-term adjustments (MTAs) within agreed authority levels under our Commercial Combined product.
- Develop and maintain strong relationships with both new and existing insurance brokers.
- Collaborate closely with internal departments and team members to ensure seamless service delivery.
- Administer policies efficiently, ensuring accuracy and compliance at all times.
Qualifications
- Proven experience in commercial underwriting, ideally within the commercial combined arena.
- Strong interpersonal and communication skills to manage broker relationships effectively.
- Detail-oriented with excellent organisational skills.
- A team player who is self-motivated and capable of working independently.
- Good product and technical knowledge of commercial combined insurance.
Benefits
- Competitive benchmarked salary.
- Immediate 3% employer pension contributions increasing to 5% after 5 years’ service.
- Healthcare cover after 3 years’ service.
- Death in Service Life cover after 3 years.
Referrals increase your chances of interviewing at Folgate Underwriting by 2x.
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Property & Liability Underwriter employer: Folgate Insurance Co. Ltd.
Contact Detail:
Folgate Insurance Co. Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property & Liability Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with brokers. A friendly chat can lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of commercial combined insurance. We want you to feel confident discussing underwriting practices and broker relationships during your chat with Folgate Underwriting.
✨Tip Number 3
Showcase your interpersonal skills! During interviews, highlight your ability to build strong relationships with brokers. Share examples of how you've successfully collaborated with teams in the past.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Property & Liability Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Property & Liability Underwriter role. Highlight your experience in commercial underwriting and any relevant skills that match what we're looking for. This shows us you’re serious about the position!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Folgate Underwriting. Share specific examples of how you've built relationships with brokers or managed policies effectively.
Show Off Your Attention to Detail: As an underwriter, attention to detail is key. Make sure your application is free from typos and errors. A polished application reflects your organisational skills and professionalism, which we value highly.
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 don’t miss out on any important updates. Plus, it makes the process smoother for everyone!
How to prepare for a job interview at Folgate Insurance Co. Ltd.
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial underwriting, especially in the property and liability sectors. Familiarise yourself with Folgate Underwriting's products and services so you can speak confidently about how your experience aligns with their needs.
✨Build Rapport
Since strong relationships with brokers are key in this role, practice your interpersonal skills before the interview. Think of examples from your past where you've successfully managed broker relationships and be ready to share those stories.
✨Be Detail-Oriented
As an underwriter, attention to detail is crucial. Prepare to discuss how you ensure accuracy and compliance in your work. You might even want to bring along a sample of your previous work or a case study that highlights your organisational skills.
✨Show Your Team Spirit
Folgate Underwriting values team players, so be prepared to talk about your experiences working collaboratively. Share examples of how you've worked with internal departments to deliver seamless service, showcasing your ability to contribute positively to a team environment.