Development Underwriter in City of London

Development Underwriter in City of London

City of London Full-Time 112500 - 150000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Drive international business growth and develop innovative underwriting strategies.
  • Company: Dynamic MGA with an entrepreneurial spirit and global ambitions.
  • Benefits: Highly negotiable salary, performance bonuses, and equity options.
  • Why this job: Make a significant impact on our growth while enjoying autonomy and rewards.
  • Qualifications: Proven international underwriting experience and strong analytical skills.
  • Other info: Join a fast-paced environment with opportunities for career advancement.

The predicted salary is between 112500 - 150000 £ per year.

THE OPPORTUNITY: I am working with an innovative MGA seeking to expand their presence in international markets. Their entrepreneurial spirit and commitment to excellence have positioned us for significant growth, and we're looking for a key player to drive our expansion. They are seeking an experienced International Underwriter to join our team and lead our efforts in developing new business across global markets. This role offers substantial autonomy and the potential for significant reward for the right candidate.

KEY RESPONSIBILITIES

  • Develop and execute underwriting strategies for international markets
  • Identify, pursue, and secure new business opportunities
  • Manage and grow relationships with existing and prospective clients
  • Analyse and price complex risks across various international jurisdictions
  • Collaborate with brokers and reinsurers to structure innovative solutions
  • Contribute to the development of new products and expansion into new territories

QUALIFICATIONS

  • Proven track record in international underwriting
  • In-depth knowledge of global insurance markets and regulatory environments
  • Strong analytical skills and ability to assess complex risks
  • Excellent relationship-building and negotiation skills
  • Fluency in English; additional languages are a plus

WHAT SETS YOU APART

  • An existing book of business that you can bring to the MGA
  • A network of international contacts and potential clients
  • Experience in multiple lines of business or specialty risks
  • Entrepreneurial mindset and ability to thrive in a dynamic environment

COMPENSATION

Salary is highly negotiable and will be commensurate with experience, skills, and most importantly, your ability to contribute to our growth. We offer a competitive base salary, performance-based bonuses, and an attractive equity package for exceptional candidates who can demonstrate their value.

TO APPLY

If you are a results-driven underwriter with a global perspective and the ability to bring new business to our firm, we want to hear from you. This role offers the unique opportunity to significantly impact our company's growth trajectory and be rewarded accordingly. Submit your CV today for immediate consideration.

Development Underwriter in City of London employer: Get Recruited (UK) Ltd

Join an innovative MGA in London that champions an entrepreneurial spirit and a commitment to excellence, making it an exceptional employer for Development Underwriters. With flexible hybrid working arrangements, competitive compensation packages, and significant opportunities for personal and professional growth, you will thrive in a dynamic environment where your contributions directly impact the company's expansion into international markets. This role not only offers autonomy but also the chance to build meaningful relationships and develop new business strategies, ensuring a rewarding career path.
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Contact Detail:

Get Recruited (UK) Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Development Underwriter in City of London

✨Tip Number 1

Network like a pro! Reach out to your contacts in the insurance industry and let them know you're on the lookout for new opportunities. You never know who might have a lead or be able to introduce you to someone at the MGA.

✨Tip Number 2

Show off your expertise! Prepare a portfolio showcasing your previous underwriting successes and any innovative solutions you've developed. This will help you stand out during interviews and demonstrate your value to potential employers.

✨Tip Number 3

Be proactive! Don’t just wait for job postings to appear. Reach out directly to companies you admire, like the MGA we're working with, and express your interest in contributing to their growth. A personal touch can go a long way!

✨Tip Number 4

Practice your pitch! Prepare a concise and compelling elevator pitch that highlights your experience in international underwriting and your entrepreneurial mindset. This will help you make a great impression when networking or interviewing.

We think you need these skills to ace Development Underwriter in City of London

International Underwriting
Analytical Skills
Risk Assessment
Relationship-Building
Negotiation Skills
Knowledge of Global Insurance Markets
Regulatory Knowledge
Business Development
Client Management
Product Development
Entrepreneurial Mindset
Fluency in English
Network of International Contacts
Experience in Multiple Lines of Business

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the role of Development Underwriter. Highlight your experience in international underwriting and any relevant achievements that showcase your ability to drive business growth.

Showcase Your Network: If you have an existing book of business or a network of international contacts, don’t be shy about it! Mention these connections in your application to demonstrate your potential value to us.

Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to see your key skills and experiences at a glance.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us!

How to prepare for a job interview at Get Recruited (UK) Ltd

✨Know Your Underwriting Stuff

Make sure you brush up on your knowledge of international underwriting and the specific financial lines or professional risks relevant to the role. Be ready to discuss your experience with complex risks and how you've successfully navigated different regulatory environments.

✨Show Off Your Network

Since having an existing book of business is a plus, be prepared to talk about your network of international contacts. Highlight any relationships you've built with brokers and reinsurers, and how these connections can help drive new business for the company.

✨Demonstrate Your Analytical Skills

Prepare to showcase your analytical skills by discussing specific examples where you've assessed complex risks. Use data or case studies to illustrate how you've developed and executed successful underwriting strategies in the past.

✨Embrace the Entrepreneurial Spirit

This role requires an entrepreneurial mindset, so come ready to share your ideas on how to expand into new markets. Think about innovative solutions you've implemented before and how you can contribute to the company's growth trajectory.

Development Underwriter in City of London
Get Recruited (UK) Ltd
Location: City of London

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