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- Tasks: Join our Middle Market team to evaluate and price insurance submissions.
- Company: Be part of a global Re/Insurance company with a strong service commitment.
- Benefits: Enjoy a collaborative work environment and opportunities for professional growth.
- Why this job: Make an impact by building profitable relationships in diverse industries.
- Qualifications: Ideal candidates should have analytical skills and a passion for underwriting.
- Other info: This role is based in Manchester, focusing on the North West region.
The predicted salary is between 36000 - 60000 £ per year.
I am currently working with a global Re/Insurance company who are looking to add an Underwriter to their Middle Market team in their Manchester office. The Middle Market proposition offers comprehensive multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, education and life science. Working through a network of retail brokers who share the companies commitment to long-term partnerships built on a strong service proposition. Expectation of the role is to assist in building a profitable book of business within the overall European business plan parameters, working with key broker partners in the North West region. Main areas of responsibility: Prioritise and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives. Price and analyze coverage, structure and exposures on individual risks. Set appropriate T&Cs per the Company underwriting strategy and guidelines to quote qualified risks. Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures. Expand existing portfolio of business by developing existing relationships and new prospective clients. Support our focus on building str…
Mid Market Underwriter / Manchester employer: Gravitas Recruitment Group
Contact Detail:
Gravitas Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Mid Market Underwriter / Manchester
✨Tip Number 1
Familiarize yourself with the specific industry verticals mentioned in the job description, such as real estate and technology. Understanding the nuances of these sectors will help you engage more effectively with potential broker partners.
✨Tip Number 2
Network with professionals in the North West region who are involved in underwriting or brokerage. Building relationships in this area can provide valuable insights and potentially lead to referrals that align with our company's focus.
✨Tip Number 3
Stay updated on market trends and changes in regulations that affect underwriting practices. This knowledge will not only enhance your discussions with brokers but also demonstrate your commitment to the role and the company.
✨Tip Number 4
Prepare to discuss your approach to evaluating risks and pricing strategies during the interview. Being able to articulate your thought process will show that you are aligned with our corporate profit objectives and underwriting guidelines.
We think you need these skills to ace Mid Market Underwriter / Manchester
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Mid Market Underwriter position. Understand the key responsibilities and required skills, especially in relation to pricing, risk analysis, and relationship management.
Tailor Your CV: Customize your CV to highlight relevant experience in underwriting, particularly in the Middle Market sector. Emphasize any previous roles where you successfully managed broker relationships or contributed to profitable business growth.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the insurance industry and your enthusiasm for the role. Mention specific examples of how your skills align with the company's goals and how you can contribute to building a profitable book of business.
Highlight Key Achievements: In both your CV and cover letter, include quantifiable achievements related to underwriting, such as successful projects, profit margins improved, or new client relationships developed. This will demonstrate your capability and potential impact on the company.
How to prepare for a job interview at Gravitas Recruitment Group
✨Understand the Industry
Make sure you have a solid grasp of the Re/Insurance industry, especially in the Middle Market sector. Familiarize yourself with key terms and trends related to real estate, hospitality, and other verticals mentioned in the job description.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with pricing and analyzing coverage. Highlight specific examples where you've successfully evaluated risks and made profitable underwriting decisions.
✨Demonstrate Relationship Building
Since the role involves working closely with brokers, share examples of how you've developed and maintained strong professional relationships in the past. Emphasize your commitment to long-term partnerships.
✨Align with Company Goals
Research the company's business plan and profit objectives. During the interview, express how your personal goals align with theirs and how you can contribute to building a profitable book of business.
