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 the motor insurance space; HNW experience preferred but not essential.
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 (Bespoke/HNW) in City of London employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Motor (Bespoke/HNW) in City of London
✨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 or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of HNW and bespoke motor underwriting. Be ready to discuss how you can contribute to portfolio performance and support team objectives.
✨Tip Number 3
Showcase your analytical skills! Be prepared to talk about how you've used data to drive decisions in previous roles. This will demonstrate your ability to contribute to pricing and risk selection strategies.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Underwriter - Motor (Bespoke/HNW) in City of London
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 HNW clients. 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 underwriting and how your background makes you a great fit for our bespoke team. Let us know what excites you about this opportunity!
Showcase Your Analytical Skills: Since portfolio performance is key, make sure to mention any experience you have with data analysis or risk assessment. We love candidates who can demonstrate their ability to drive continuous improvement through insights!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at High Finance Limited
✨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 luxury vehicles and the specific needs of high-net-worth clients. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Showcase Your Analytical Skills
Since the role involves portfolio performance management, be prepared to discuss how you've used data analysis in previous roles. Think of examples where your insights led to improved outcomes or informed decision-making. This will demonstrate your ability to contribute to pricing and risk selection strategies.
✨Team Player Vibes
Collaboration is key in this role, so come ready to talk about your experience working in teams. Share examples of how you've supported colleagues or contributed to team objectives. Highlighting your ability to work closely with performance analysts will resonate well with the interviewers.
✨Emphasise Continuous Improvement
This position values proactive learning and development, so be ready to discuss how you've pursued growth in your career. Whether it's through training, feedback, or self-study, showing that you're committed to enhancing your skills will align perfectly with their culture of continuous improvement.