At a Glance
- Tasks: Underwrite luxury motor insurance and analyse portfolio performance for high-net-worth clients.
- Company: Leading Motor Insurer with a focus on bespoke and high-net-worth business.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with strong emphasis on training and continuous improvement.
- Why this job: Join a dynamic team and make an impact in the luxury motor insurance market.
- Qualifications: 2-3 years in motor insurance; open to Assistant Underwriters or Brokers looking to advance.
The predicted salary is between 40000 - 50000 £ per year.
I am currently partnered with a leading Motor Insurer who are seeking an Underwriter to join their growing HNW/Bespoke team. This role will be Underwriting HNW/Prestige Motor business from the UK, including Luxury vehicles with some key HNW clients. This will be dealing with new and existing business. My client is looking for someone with 2/3+ years in the Motor space, and are very open to an Assistant Underwriter or Broker who is keen to move into an Underwriting role. HNW experience is preferred but not essential.
Key Responsibilities
- Portfolio Performance: Contributing to portfolio performance management through analysis of results, supporting pricing and risk selection strategies, and making recommendations to drive continuous improvement and achieve financial targets.
- Team Collaboration & Support: Working closely with performance analysts, providing guidance and support where appropriate, and leveraging team capabilities to deliver strategic objectives.
- Underwriting Input: Contributing to the development of underwriting appetite based on market insights, identifying opportunities to enhance portfolio performance.
- Culture & Leadership: Supporting leadership in fostering a high-performance culture by demonstrating strong role‑model behaviours and professionalism.
- Training & Development: Collaborating with leadership and training teams to identify development needs, and supporting team capability through coaching, feedback, and knowledge sharing.
- Quality Assurance: Maintaining a strong focus on accuracy and quality, aiming to deliver right‑first‑time outcomes in line with agreed standards.
- Fraud Awareness: Acting as a first line of defence by identifying and escalating potential fraud in accordance with internal policies and required timeframes.
- Regulatory Compliance: Maintaining a strong understanding of and adherence to all relevant regulatory requirements, guidelines, and internal procedures.
- Complaints Handling: Managing complaints in line with established processes, seeking early resolution where possible and escalating appropriately when required.
- Continuous Improvement: Proactively pursuing learning and development opportunities to enhance individual and team performance.
- Performance Delivery: Meeting individual performance targets while collaborating effectively with colleagues to achieve shared business objectives and key metrics.
Underwriter - Motor employer: HFG
Join a leading Motor Insurer in London, where you will thrive in a dynamic and supportive environment that values collaboration and continuous improvement. With a strong focus on employee development, you will have access to training opportunities and the chance to work with prestigious clients in the HNW sector, all while enjoying a hybrid work model that promotes work-life balance. This is an excellent opportunity for those looking to advance their careers in underwriting within a high-performance culture.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Motor
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those in motor underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of HNW and bespoke motor underwriting. We recommend practising common interview questions and scenarios you might face, so you can showcase your expertise confidently.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Check out our website for the latest job openings! Applying directly through us not only gives you access to exclusive roles but also helps us match your skills with the right opportunities in the motor underwriting space.
We think you need these skills to ace Underwriter - Motor
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in the Motor space and any relevant skills that align with the job description. We want to see how you can contribute to our HNW/Bespoke team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background makes you a great fit for us. Don’t forget to mention any specific experiences with luxury vehicles or HNW clients.
Showcase Your Analytical Skills:Since this role involves portfolio performance management, be sure to highlight any analytical skills or experiences you've had. We love seeing candidates who can support pricing and risk selection strategies with solid data insights!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar quickly. We can’t wait to hear from you!
How to prepare for a job interview at HFG
✨Know Your Stuff
Make sure you brush up on your knowledge of the motor insurance market, especially around HNW and bespoke policies. Familiarise yourself with key terms and trends, as well as the specific challenges faced in underwriting luxury vehicles.
✨Showcase Your Analytical Skills
Since portfolio performance is a big part of the role, be ready to discuss how you've used data analysis in previous roles. Prepare examples where you've contributed to pricing strategies or risk selection, and how those decisions impacted overall performance.
✨Team Player Vibes
This role involves collaboration, so highlight your experience working in teams. Share instances where you've supported colleagues or contributed to team objectives, and how you can bring that collaborative spirit to their underwriting team.
✨Emphasise Continuous Improvement
Talk about your commitment to personal and professional development. Mention any training or learning opportunities you've pursued, and how you plan to keep enhancing your skills to contribute to the team's success.
