At a Glance
- Tasks: Lead and develop a regional book of business while building strong broker relationships.
- Company: A growing MGA with an entrepreneurial culture and a track record of success.
- Benefits: Salary up to £80,000, autonomy, career progression, and flexible working options.
- Other info: Enjoy a non-corporate environment with opportunities for personal and professional growth.
- Why this job: Take ownership of your portfolio and make a real impact in the North West market.
- Qualifications: Proven underwriting experience and a network of broker relationships in the North West.
The predicted salary is between 42750 - 52250 £ per year.
Our client is a well-established and growing Managing General Agent (MGA), known for its entrepreneurial culture and strong track record of profitable underwriting. As part of continued expansion, they are looking to appoint a Trading Underwriter to lead and develop their presence across the North West.
The Role
This is a genuine opportunity to take ownership of a regional book of business, working closely with brokers to identify, price and win profitable new business while retaining and developing existing relationships. You will have real autonomy within your authority, direct input into appetite and pricing, and a clear path to grow your portfolio.
Key responsibilities:
- Underwrite new business and renewals within agreed authority levels, balancing growth with underwriting discipline
- Build and maintain strong relationships with broker partners across the North West
- Identify new business opportunities and actively grow the regional portfolio
- Provide brokers with a responsive, technically sound underwriting service
- Work closely with senior underwriting and pricing colleagues on referrals, terms and appetite
- Represent the business at broker meetings, events and on trading visits across the patch
About You
- Proven underwriting experience, ideally gained within an MGA, insurer or Lloyd's market environment
- Essential: an existing network of broker relationships across the North West – you'll be expected to trade on these from day one
- Strong technical underwriting and pricing skills
- Commercially minded, with a track record of growing profitable business
- Confident communicator, comfortable building relationships face-to-face and building trust with trading partners
- Self-motivated and able to work autonomously while remaining a strong team player
What's on Offer
- Salary up to £80,000, dependent on experience
- Genuine autonomy and influence over your own book
- A business with an entrepreneurial, non-corporate culture
- Clear scope for career progression as the business continues to grow
- Flexible/hybrid working considered for the right candidate
Location: North West England (hybrid/field-based, with regular broker-facing travel across the region)
Contact Ian at IDEX
Development Underwriter in Bolton employer: IDEX Consulting Ltd
IDEX Consulting Ltd is an excellent employer that values innovation and integrity, offering a dynamic work culture where compliance and operational excellence are at the forefront of business growth. With flexible working arrangements and a commitment to employee development, team members are empowered to shape processes and drive meaningful change within the insurance sector. Join us in a role that not only challenges you but also rewards your contributions in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Development Underwriter in Bolton
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like IDEX Consulting Ltd). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like IDEX Consulting Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Development Underwriter in Bolton
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at IDEX Consulting Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IDEX Consulting Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at IDEX Consulting Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IDEX Consulting Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at IDEX Consulting Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding IDEX Consulting Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
