At a Glance
- Tasks: Underwrite new business, build broker relationships, and grow your regional portfolio.
- Company: A dynamic Managing General Agent with an entrepreneurial spirit.
- Benefits: Competitive salary, autonomy in decision-making, and career growth opportunities.
- Other info: Join a supportive team and thrive in a fast-paced environment.
- Why this job: Take ownership of your work and make a real impact in the insurance industry.
- Qualifications: Proven underwriting experience, ideally within an MGA or insurer.
The predicted salary is between 60750 - 74250 £ 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 Midlands 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 en...
Development Underwriter - Midlands 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 - Midlands
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like IDEX Consulting Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Development Underwriter - Midlands
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to IDEX Consulting Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on IDEX Consulting Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at IDEX Consulting Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with IDEX Consulting Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at IDEX Consulting Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former IDEX Consulting Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
