At a Glance
- Tasks: Manage and grow broker relationships while driving profitable trading activity.
- Company: Dynamic MGA focused on innovation and collaboration.
- Benefits: Home-based role with occasional travel, competitive salary, and professional growth opportunities.
- Why this job: Join a team that values collaboration and makes a real impact in the insurance market.
- Qualifications: Strong relationship-building skills and extensive knowledge of the insurance broker market.
- Other info: Self-motivated individuals will thrive in this supportive and flexible work environment.
The predicted salary is between 48000 - 72000 £ 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 employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Senior) Development Underwriter - Commercial Combined
✨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 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 it collaborative! Work closely with your team and other stakeholders. Share insights and strategies to improve processes. A strong internal network will help you deliver top-notch service to brokers and keep everyone on the same page.
We think you need these skills to ace (Senior) Development Underwriter - Commercial Combined
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of a Development Underwriter. Highlight your experience in managing broker relationships and any relevant underwriting skills. We want to see how you can contribute to our team!
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 your background aligns with our goals at StudySmarter. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Whether it’s growing a portfolio or improving processes, we love to see quantifiable results that demonstrate your impact in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
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, current trends, and how your potential employer fits into the landscape. This will show that you're not just interested in the role but also invested in the industry.
✨Build Rapport with Brokers
Since the role involves managing broker relationships, think about how you can demonstrate your relationship-building skills during the interview. Share examples of how you've successfully collaborated with brokers in the past and how you plan to maintain those connections.
✨Showcase Your Organisational Skills
Prepare to discuss how you manage your workload and ensure you meet SLAs. Bring examples of how you've organised your tasks effectively in previous roles, especially when working remotely. This will highlight your self-motivation and ability to work independently.
✨Be Ready for Scenario Questions
Expect questions that ask how you'd handle specific situations, like dealing with a difficult broker or identifying new business opportunities. Think through these scenarios beforehand and prepare structured responses that showcase your problem-solving and influencing skills.