At a Glance
- Tasks: Lead the Premium Finance function, ensuring commercial success and risk management.
- Company: Join a leading Insurer known for its innovative approach in the motor insurance sector.
- Benefits: Enjoy competitive salary, flexible working options, and a dynamic team environment.
- Why this job: Be part of a growing team that values underwriting integrity and drives impactful change.
- Qualifications: Extensive experience in Premium Finance is essential for this leadership role.
- Other info: Located in the vibrant City of London, offering a chance to thrive in a fast-paced industry.
The predicted salary is between 43200 - 72000 Β£ per year.
I am currently recruiting for a leading Insurer who are seeking a Head of Premium Finance to join their growing team.
My client is looking for someone with extensive experience in Premium Finance to lead the function, driving the commercial success, underwriting integrity, and risk management of our premium finance operations.
Head of Premium Finance (Motor Insurance) employer: High Finance (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Head of Premium Finance (Motor Insurance)
β¨Tip Number 1
Network with professionals in the insurance industry, particularly those involved in premium finance. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the latest trends and challenges in the field.
β¨Tip Number 2
Research the specific insurer youβre applying to. Understand their business model, values, and recent developments in their premium finance operations. This knowledge will help you tailor your conversations during interviews and demonstrate your genuine interest in the role.
β¨Tip Number 3
Prepare to discuss your leadership style and how it aligns with driving commercial success and underwriting integrity. Think of examples from your past experiences where you successfully led a team or implemented strategies that improved financial outcomes.
β¨Tip Number 4
Stay updated on regulatory changes and market trends affecting motor insurance and premium finance. Being knowledgeable about these factors will not only enhance your credibility but also show that you are proactive and well-prepared for the challenges of the role.
We think you need these skills to ace Head of Premium Finance (Motor Insurance)
Some tips for your application π«‘
Understand the Role: Thoroughly read the job description for the Head of Premium Finance position. Make sure you understand the key responsibilities and required skills, such as experience in premium finance, underwriting integrity, and risk management.
Tailor Your CV: Customise your CV to highlight relevant experience and achievements in premium finance. Use specific examples that demonstrate your ability to drive commercial success and manage risks effectively.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the role. Emphasise your leadership skills and how your experience aligns with the company's goals in premium finance. Be sure to convey your enthusiasm for the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the insurance industry.
How to prepare for a job interview at High Finance (UK) Limited
β¨Showcase Your Expertise
Make sure to highlight your extensive experience in Premium Finance. Prepare specific examples of how you've driven commercial success and managed risk in previous roles, as this will demonstrate your capability for the position.
β¨Understand the Insurer's Goals
Research the company and understand their objectives in the Premium Finance sector. Being able to discuss how your vision aligns with theirs will show that you're not just a fit for the role, but also for the company's culture and goals.
β¨Prepare for Technical Questions
Expect technical questions related to underwriting integrity and risk management. Brush up on relevant regulations and best practices in motor insurance to confidently answer these queries.
β¨Demonstrate Leadership Skills
As a Head of Premium Finance, you'll need strong leadership skills. Be ready to discuss your leadership style and provide examples of how you've successfully led teams in the past, particularly in high-pressure situations.