At a Glance
- Tasks: Lead the Construction and Casualty team, driving business growth and managing underwriting strategies.
- Company: Geo Underwriting, a diverse and inclusive employer in the insurance sector.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Why this job: Make a real impact in a dynamic environment while building strong industry relationships.
- Qualifications: 10 years of underwriting experience in Casualty and Construction, ideally CII qualified.
- Other info: Join a supportive team focused on growth and excellence in service delivery.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the New Business Manager role at Geo Underwriting. Location: Rayleigh. We are on the hunt for a talented New Business Manager to lead our Construction and Casualty team, working with various Delegated Underwriting Authority binders in our Rayleigh office (SS6) with hybrid working available.
What Will You Do As New Business Manager
- Develop a plan to drive the business forward while maintaining sound underwriting principles.
- Implement and manage Placement Strategy Plan.
- Work within the parameters of the various Delegated Underwriting Authorities.
- Collaborate with stakeholders on the business strategy.
- Overall responsibility for the department’s annual GWP and Income targets.
- Build close relationships with our capacity providers and attend review meetings that may include performance, individual risks, underwriting guide changes, appetite criteria etc.
- Underwrite risks to meet individual targets, managing underwriters and teams targets providing support and guidance.
- Monitor and develop enquiry levels.
- Work closely with the separate Sales Team to develop new and existing broker agencies/relationships.
- Attend monthly management meetings and report on departments performance.
- Responsible for marketing material and promotions, work closely with the marketing department.
- Monitor our underwriter’s activity, in areas such as broker contact, service levels, enquiry levels, quote levels, conversion levels, income retention levels, targets and objectives.
- Ensure company service levels and standards are maintained and improved where needed.
- Deliver good customer outcomes by adhering to the Consumer Duty principles and comply with compliance framework.
- Ensure our Underwriters work within personal authority limits.
- Manage any Performance Improvement Plans as necessary.
- Ensure necessary training and development of employees within the team.
What we are looking for in our New Business Manager
- 10 years proven underwriting experience in Casualty and Construction lines including Combined Liability, Contractors, All Risks and Excess of Loss including focus on larger and more complex cases.
- Ideally CII qualified or working towards this.
- Proficient with Microsoft Office (Outlook, Excel and Word).
- Proven track record of embracing and working in an environment of change.
- Results focused, commercially minded, and an ability to thrive in a high paced goal driven environment.
- Proficient knowledge of Casualty underwriting principles and practice.
- Good risk analysis and technical skills.
- Proven track record of a proactive approach to securing business and ability to build relationships.
- Works well under pressure alone and within a team environment.
- Strong organisational skills with an ability to prioritise workload.
- Strong communication skills – written and verbal.
#GEO Everywhere 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.
New Business Manager in Rayleigh employer: Geo Underwriting
Contact Detail:
Geo Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land New Business Manager in Rayleigh
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at local events. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Know their recent projects and challenges in the underwriting space. This shows you’re genuinely interested and ready to contribute.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the New Business Manager role. Highlight your successes in underwriting and relationship building to make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace New Business Manager in Rayleigh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the New Business Manager role. Highlight your underwriting experience in Casualty and Construction, and don’t forget to mention any relevant qualifications like 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 the perfect fit for our team. Share specific examples of how you've driven business forward and built relationships in previous roles. Let’s see your personality come through!
Showcase Your Results: We love results-driven candidates! In your application, be sure to include metrics or achievements that demonstrate your success in managing targets and improving performance. Numbers speak volumes, so don’t hold back!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Geo Underwriting!
How to prepare for a job interview at Geo Underwriting
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of Casualty and Construction underwriting principles. Be ready to discuss specific cases you've handled, especially larger and more complex ones. This will show that you not only understand the theory but also have practical experience.
✨Demonstrate Your Strategic Thinking
Prepare to talk about how you would develop a plan to drive the business forward. Think about your approach to implementing a Placement Strategy Plan and how you would manage relationships with stakeholders. Having a clear vision will impress the interviewers.
✨Showcase Your Relationship-Building Skills
Since building close relationships with capacity providers is key, come prepared with examples of how you've successfully developed broker agencies or partnerships in the past. Highlight your proactive approach to securing business and maintaining those relationships.
✨Be Ready for Performance Metrics
Understand the importance of monitoring underwriter activity and performance metrics. Be prepared to discuss how you would ensure service levels are maintained and improved. Showing that you can analyse and act on these metrics will demonstrate your results-focused mindset.