Underwriter - Construction in London
Underwriter - Construction

Underwriter - Construction in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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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: Define your career with flexible hours, professional development, and a supportive environment.
  • Why this job: Make a real impact in the insurance industry while collaborating with like-minded individuals.
  • Qualifications: 3+ years in construction underwriting and excellent relationship management skills.
  • Other info: Embrace change and grow in a diverse, inclusive workplace.

The predicted salary is between 36000 - 60000 £ per year.

Who 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’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 under underwriting profitable business with new and existing accounts.

Key Responsibilities / Accountabilities

  • 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'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.
  • 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 - 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. Beyond 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.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Underwriter - Construction in London employer: Howden

At Howden, we pride ourselves on being an exceptional employer, fostering a culture of collaboration and innovation within the global insurance landscape. Our commitment to employee ownership, work-life balance, and professional development ensures that you will thrive in a supportive environment where your contributions are valued. Join us in our vibrant office, where like-minded individuals drive meaningful change and enjoy the unique benefits of working for a company that truly cares about its people.
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Contact Detail:

Howden Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Construction in London

✨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 to find folks who work at Howden or in underwriting. Building relationships can open doors that applications alone can't.

✨Tip Number 2

Show off your personality! When you get the chance for an interview or a casual chat, let your authentic self shine through. Howden values culture and collaboration, so being genuine can really help you stand out from the crowd.

✨Tip Number 3

Prepare for those tricky questions! Research common underwriting scenarios and think about how you'd handle them. Being ready to discuss your analytical and creative thinking skills will show you're the right fit for the team.

✨Tip Number 4

Don’t forget to follow up! After any interaction, whether it’s an interview or a networking event, drop a quick thank-you note. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great way to reinforce those relationships we talked about!

We think you need these skills to ace Underwriter - Construction in London

Underwriting Construction Risks
Relationship Management
Negotiation Skills
Analytical Thinking
Interpersonal Skills
Communication Skills
Self-Motivation
Judgement
Proactivity
Team Collaboration
Compliance with FCA Requirements
Management Information Maintenance
Business Development
Problem-Solving Skills

Some tips for your application 🫡

Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see that you’re genuinely excited about joining Howden and contributing to our culture of collaboration and innovation.

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 helps us quickly understand how you can fit into our dynamic team.

Apply Through Our Website: We encourage you to submit your application 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

✨Know Your Stuff

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. Think about how you can engage with the interviewers, perhaps by sharing relevant experiences where you've successfully built relationships with brokers or clients.

✨Show Your Analytical Side

Prepare to discuss how you approach underwriting decisions. Be ready to share examples of how you've used analytical thinking to solve problems or make decisions in past roles. This will demonstrate your ability to think critically and creatively.

✨Embrace the Culture

Research Howden's culture and values. Be prepared to discuss how your personal values align with theirs. Showing that you understand and appreciate their commitment to employee ownership and collaboration can set you apart from other candidates.

Underwriter - Construction in London
Howden
Location: London
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  • Underwriter - Construction in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • H

    Howden

    1000+
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