At a Glance
- Tasks: Build strong relationships and underwrite construction insurance with a dynamic team.
- Company: Join Howden, a global insurance group with a unique employee-owned culture.
- Benefits: Enjoy flexible working hours, career progression, and a supportive environment.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: 3+ years in underwriting construction risks and excellent relationship management skills.
- Other info: Embrace a culture of collaboration and innovation with opportunities for personal growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 23,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
Role Definition
To develop strong business relationships for annual renewable contractors combined, annual contractors all risks and with scope to assist on single projects with brokers and service providers. You will be part of a dynamic team underwriting profitable business with new and existing accounts.
Responsibilities
- Generate and underwrite annual renewable contractors combined business in accordance with the business plan and profile of target insurance business set by Dual Corporate Risks Limited, and in accordance with the binding authority granted to the company.
- Work with new and existing broker panel to forge relationships and trust through telephone, online and face to face interactions and increase the flow of new business activity.
- Identify business development opportunities with our broker partners for mutual benefit.
- Produce and maintain underwriting files for both internal and external viewing and to prepare for audit.
- Maintain accurate and timely Management Information, monitoring the development of the broker’s account including credit performance.
Skills and abilities needed to perform role
- Highly engaging communicator with excellent interpersonal skills.
- Approachable and consistent.
- Strong ability to influence and negotiate with brokers, underwriters and service providers.
- Experience of managing broker relationships.
- Analytical and creative thinker in meeting underwriting needs whilst working in partnership with brokers.
- Self-motivated with ability to exercise independent judgement.
- Committed to learning and development.
- Ability to work quickly, efficiently and methodically.
- Ability to communicate theories and ideas.
Knowledge and Experience
- Experience in underwriting Construction risks - 3 years minimum.
- Excellent relationship management skills.
- Excellent verbal influencing and trading skills.
- Taking initiative and being proactive within a team.
- A positive "can do attitude".
- Progress towards professional insurance qualification.
- Team player.
- Desire to develop underwriting capabilities.
Compliance & Regulatory Responsibilities
Remain compliant with FCA requirements at all times. To share ideas, best practice and other information within DUAL Oliva, especially where relevant to the relationship with brokers.
What do we offer in return?
A career that you define. At Dual UK, we value diversity. We’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments
We’re committed to providing reasonable accommodations at Dual UK to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you’re excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Underwriter - Construction employer: Howden Group Holdings
Contact Detail:
Howden Group Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Construction
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that underwriter gig.
✨Tip Number 2
Practice your pitch! You never know when you'll bump into someone from Howden or a broker. Have a quick, engaging summary of your experience and what you bring to the table ready to go. Make it memorable!
✨Tip Number 3
Follow up after interviews! A simple thank-you email can go a long way. It shows you're keen and professional. Plus, it keeps you on their radar as they make their decision.
✨Tip Number 4
Apply through our website! We love seeing applications come directly from interested candidates. It shows initiative and gives you a better chance of standing out in the crowd. Don’t miss out!
We think you need these skills to ace Underwriter - Construction
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for the role shine through. We want to see that you’re genuinely excited about the opportunity to work with us at Howden and contribute to our dynamic team.
Tailor Your CV: Make sure to customise your CV to highlight your experience in underwriting construction risks. We love seeing how your skills align with what we’re looking for, so don’t be shy about showcasing your relevant achievements!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your key skills and experiences are easy to spot. This will help us quickly understand why you’d be a great fit for our team.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Howden Group Holdings
✨Know Your Stuff
Before the interview, make sure you brush up on your knowledge of underwriting, especially in the construction sector. Familiarise yourself with common risks and how to mitigate them. This will show that you're not just a candidate but someone who understands the industry.
✨Build Rapport
Since relationship management is key for this role, practice your communication skills. Be ready to discuss how you've successfully built relationships with brokers in the past. Use examples that highlight your interpersonal skills and ability to influence others.
✨Show Your Analytical Side
Prepare to discuss how you approach underwriting decisions analytically. Think of specific instances where your analytical thinking led to successful outcomes. This will demonstrate your ability to meet underwriting needs creatively while working with brokers.
✨Embrace Change
Howden values adaptability, so be prepared to talk about times when you've had to embrace change or tackle challenges head-on. Share examples that showcase your resilience and willingness to learn, as these traits are essential for thriving in a dynamic team environment.