At a Glance
- Tasks: Shape and deliver innovative insurance propositions while building strong broker relationships.
- Company: Join a leading multi-billion pound MGA with a flat structure and entrepreneurial spirit.
- Benefits: Empowerment to make quick decisions and grow your career in a dynamic environment.
- Other info: Exciting opportunity to join a talented team and expand your professional network.
- Why this job: Be part of a market leader and make a real impact in the insurance industry.
- Qualifications: Proven experience in underwriting mid-market property and casualty risks, with strong negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
Are you feeling frustrated in your current role? The amount of red tape you have to go through to get decisions is driving you mad. Would you like to work for a business which has a flat structure where decisions will be made quickly? Their flat structure and entrepreneurial spirit will empower you to be the best version of yourself. You will be joining a market-leading multi-billion pound MGA with market presence across the globe. Their real strength lies in their local teams, whose knowledge of the market helps them better understand and meet clients’ needs. With this in mind, they are looking to grow a further presence in the city. It really is a great time to come on board. They have already attracted some of the top talent in the UK and this is just the beginning.
Role overview & Role responsibilities:
- Work with peers to shape and deliver the Property and Casualty proposition to market.
- Actively contribute towards visibility in the local market, working closely with Brokers to identify underserved segments where you can shape propositions to gain market share.
- Build strong relationships with brokers, negotiating effectively, and providing excellent customer service at all times.
- Ability to underwrite both New & Renewal business in line with the underwriting strategy.
- Work diligently to ensure documentation and underwriting files are thoroughly checked and terms are accurately issued in a timely manner.
Key requirements:
- Proven track record of building a portfolio of mid-market property and casualty risks, writing risks £10k+ GWP.
- Strong ability to influence and negotiate with brokers, with excellent interpersonal skills.
- Analytical and creative thinker in meeting Underwriting needs whilst working in partnership with brokers.
- Ability to understand the needs of each Underwriting line on a portfolio basis.
- To work with confidence, embrace change, be inquisitive, resilient, imaginative and direct.
- Pro-active & flexible approach to your role.
Senior Commercial Underwriter in Cardiff employer: IDEX Consulting Ltd
Join a dynamic and innovative multi-billion pound MGA that champions a flat organisational structure, allowing for swift decision-making and empowering you to excel in your role as a Senior Commercial Underwriter. With a strong local presence and a commitment to understanding client needs, you'll benefit from a collaborative work culture that fosters professional growth and offers exciting opportunities to shape market propositions. This is an ideal time to become part of a team that has already attracted top talent in the UK, ensuring a rewarding and meaningful career path in a thriving environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Underwriter in Cardiff
✨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 Senior Commercial Underwriter in Cardiff
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.
