At a Glance
- Tasks: Join our dynamic team to underwrite construction risks and build strong broker relationships.
- Company: DUAL is a pioneering MGA focused on intelligent underwriting and industry expertise since 1998.
- Benefits: Enjoy flexible working options, health benefits, and family-first policies that support your life milestones.
- Other info: We offer reasonable adjustments to ensure the role fits your needs, including flexible hours.
- Why this job: Be part of a people-first culture where your entrepreneurial spirit can thrive and make a difference.
- Qualifications: Experience in underwriting construction risks and excellent relationship management skills are essential.
The predicted salary is between 36000 - 60000 Β£ per year.
OverviewWho are we?
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\βs what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities β work / life balance, career progression, sustainability, volunteering β you\βll 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.
To 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.
To identify business development opportunities with our broker partners for mutual benefit.
To produce and maintain underwriting files for both internal and external viewing and to prepare for audit.
To maintain accurate and timely Management Information, monitoring the development of the broker\βs 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.
To work with confidence, embrace change, be inquisitive, resilient, imaginative and direct.
Ability to work quickly, efficiently and methodically.
Ability to communicate theories and ideas.
Knowledge and Experience
Experience in underwriting Construction risks β 3 years minimum
Excellent relationship management skills
Excellent verbal influencing and trading skills
Taking initiative and being proactive within a team
A positive \βcan do attitude\β
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\βre 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 adjustmentsWe\βre 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\βre excited by this role but have some doubts about whether it\βs the right fit for you, send us your application β if your profile fits the role\βs criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.
Permanent
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Underwriter - Construction employer: Howden Group Holdings
Contact Detail:
Howden Group Holdings Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Underwriter - Construction
β¨Tip Number 1
Familiarise yourself with the construction industry and its specific risks. Understanding the nuances of underwriting construction risks will not only boost your confidence but also impress potential employers like us at StudySmarter.
β¨Tip Number 2
Network actively with professionals in the insurance and construction sectors. Attend industry events or join relevant online forums to build relationships that could lead to job opportunities, especially with companies like DUAL.
β¨Tip Number 3
Showcase your relationship management skills by preparing examples of how you've successfully built and maintained broker relationships in the past. This will demonstrate your ability to thrive in a role that requires strong interpersonal skills.
β¨Tip Number 4
Stay updated on compliance and regulatory requirements in the insurance sector. Being knowledgeable about FCA regulations will set you apart as a candidate who is ready to contribute from day one.
We think you need these skills to ace Underwriter - Construction
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities and skills required for the Underwriter - Construction position. Tailor your application to highlight how your experience aligns with these requirements.
Craft a Compelling CV: Your CV should clearly showcase your relevant experience in underwriting, particularly in construction risks. Use specific examples of your achievements and how you've successfully managed broker relationships.
Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your interpersonal skills and ability to influence and negotiate, as these are key for this position. Make sure to connect your personal values with those of DUAL.
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, which is crucial in underwriting.
How to prepare for a job interview at Howden Group Holdings
β¨Showcase Your Relationship Management Skills
Since the role involves managing broker relationships, be prepared to discuss your past experiences in building and maintaining professional connections. Share specific examples of how you've successfully influenced or negotiated with brokers.
β¨Demonstrate Your Analytical Thinking
The job requires analytical and creative thinking. Be ready to explain how you approach underwriting challenges and provide examples of how you've used data to make informed decisions in previous roles.
β¨Emphasise Your Proactivity
DUAL values individuals who take initiative. During the interview, highlight instances where you've proactively identified business development opportunities or improved processes within your team.
β¨Prepare for Compliance Questions
As compliance is crucial in this role, brush up on FCA requirements and be ready to discuss how you ensure adherence to regulations in your work. This shows your commitment to maintaining high standards in underwriting.