At a Glance
- Tasks: Manage and grow broker relationships while underwriting new business opportunities.
- Company: Dynamic MGA in the insurance sector with a focus on collaboration.
- Benefits: Flexible home-based role with competitive salary and growth potential.
- Why this job: Join a team that values innovation and relationship-building in the insurance market.
- Qualifications: Strong communication skills and experience in the insurance broker market.
- Other info: Opportunity for professional development and to make a real impact.
The predicted salary is between 36000 - 60000 £ per year.
NEW ROLE: (Senior) Development Underwriter Scotland Region MGA
Job Purpose
To manage and grow a portfolio of new business and broker relationships, with a strong focus on identifying opportunities and driving profitable trading activity.
Main Duties & Responsibilities
- Work collaboratively with key regional brokers to build and maintain strong, positive relationships that drive increased new business flow.
- Review, assess, and underwrite new business quotations across all products within the company's underwriting appetite, responding to queries in line with agreed SLAs.
- Conduct broker visits and underwriting surgeries at broker offices to raise brand awareness and develop key contacts.
- Act as the primary escalation point for designated key brokers.
- Build and maintain effective working relationships with the Technical Underwriting Team and other key internal stakeholders.
- Communicate regularly with Business Development Managers and Regional Directors to support broker relationship management and strategic planning.
- Play a key role within the region by setting high standards and promoting a positive, collaborative culture.
- Work closely with the Regional Director to foster a team environment with a clear vision for regional growth while upholding core values.
- Act as a referral point for underwriters across the wider team.
- Collaborate closely with the underwriting team to ensure all work is completed within SLAs, delivering a high standard of customer service and maintaining strong broker relationships.
- Take a lead role in hospitality initiatives, enhancing the reputation of both the region and company overall.
- Proactively identify opportunities to improve processes and contribute to wider corporate objectives.
Home-based role, with occasional travel to the London office as required.
Key Criteria
Essential:
- Self-motivated with the ability to work independently and remotely.
- Strong influencing, networking, and relationship-building skills.
- Excellent communication and teamwork capabilities.
- Strong organisational skills, with the ability to follow company processes and procedures.
Desirable:
- Existing broker relationships that could be leveraged within the company.
Competence Summary (Knowledge, Skills & Experience)
Essential:
- Extensive knowledge of, and strong relationships within, the insurance broker market.
Desirable:
- Proficiency in Microsoft applications including OneNote, Excel, Word, and PowerPoint.
- Experience in statistical analysis and performance monitoring.
- Previous underwriting experience within an MGA or MGU environment.
(Senior) Development Underwriter - Commercial Combined in Edinburgh employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Senior) Development Underwriter - Commercial Combined in Edinburgh
✨Tip Number 1
Network like a pro! Get out there and connect with brokers and industry folks. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building those relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show your face! Schedule visits to broker offices or set up informal coffee chats. It’s all about making a personal connection. When they see you’re invested in the relationship, they’ll be more likely to send business your way.
✨Tip Number 3
Be proactive! Don’t just wait for opportunities to come to you. Identify potential clients and reach out with tailored proposals. Show them how you can add value to their business and why they should choose you as their underwriter.
✨Tip Number 4
Keep learning and adapting! Stay updated on market trends and changes in the insurance landscape. This knowledge will not only help you in conversations but also position you as a go-to expert in your field. And remember, apply through our website for the best chance at landing that dream role!
We think you need these skills to ace (Senior) Development Underwriter - Commercial Combined in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the (Senior) Development Underwriter role. Highlight your experience in managing broker relationships and any relevant underwriting experience. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Don’t forget to mention any existing broker relationships you have that could benefit us.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects your ability to communicate effectively. Use clear language and structure your application well to demonstrate your organisational skills.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at HFG
✨Know Your Stuff
Make sure you brush up on your knowledge of the insurance broker market. Understand the key players and current trends, as this will help you demonstrate your expertise during the interview.
✨Build Rapport
Since relationship-building is crucial for this role, practice how you can connect with your interviewers. Think of examples from your past experiences where you've successfully built strong relationships with brokers or clients.
✨Showcase Your Skills
Be ready to discuss your organisational skills and how you manage your workload, especially in a remote setting. Prepare specific examples that highlight your ability to follow processes while still being self-motivated.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's culture, growth strategies, and how they support their underwriters. This shows your genuine interest in the role and helps you assess if it's the right fit for you.