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- Tasks: Underwrite new and renewal PI business while building strong broker relationships.
- Company: Dynamic MGA in London with solid financial backing and a supportive culture.
- Benefits: Competitive salary, bonus, and benefits package.
- Why this job: Join a growth-focused team and make an impact in the London Market.
- Qualifications: Experience in PI underwriting and strong broker connections preferred.
- Other info: Exciting opportunity for career development in a stimulating environment.
The predicted salary is between 60000 - 84000 £ per year.
Overview Specialist Insurance Headhunter – Financial Lines, London. Base pay range £70,000 – £100,000 + bonus and benefits.An MGA in the City, who are part of a broking group, with solid financial and capacity backing, is seeking a Professional Indemnity Underwriter.Reporting to a highly experienced Underwriting Manager, the Underwriter will be a key player in their growth journey. The role will entail:Underwriting new and renewal Professional Indemnity business (as well as some Management Liability), both UK and internationalLiaising with existing Brokers and nurturing those relationships, with a close eye on retention of the renewal bookDeveloping and fostering new Broker relationshipsInput and development ideas for new businessMaintaining an understanding of current market trendsStaying abreast of changes to international licensing as per Lloyd\\\’s Crystal and other toolsThis role would be ideally suited to a UK PI Underwriter, with regional broker connections, looking to gain exposure to more London Market and international business. Some experience of international business as well as D&O would be valuable.This is a unique opportunity for someone seeking a challenge in a stimulating, yet highly supportive environment. Reach out for a confidential chat to hear the full story on this business and even see a video of the team…Seniority level Mid-Senior levelEmployment type Full-timeJob function Business Development and General BusinessIndustries Insurance, Financial Services, and Business Consulting and Services
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PI Underwriter employer: IDEX Consulting Ltd
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PI Underwriter
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to brokers. Building relationships can open doors that a CV just can’t.
✨Show Off Your Knowledge
When you get the chance to chat with potential employers, make sure to highlight your understanding of current market trends and international licensing. It shows you’re not just another candidate; you’re someone who’s genuinely engaged in the field.
✨Tailor Your Approach
Every conversation is an opportunity! Make sure to tailor your discussions based on the company’s needs and how your experience aligns with their goals. This personal touch can really set you apart from the crowd.
✨Apply Through Us!
Don’t forget to check out our website for the latest opportunities. Applying through StudySmarter not only gives you access to exclusive roles but also connects you with a supportive community ready to help you land that PI Underwriter position!
We think you need these skills to ace PI Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the PI Underwriter role. Highlight relevant experience, especially in underwriting and broker relationships. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our growth journey. Keep it engaging and personal – we love a bit of personality!
Showcase Your Market Knowledge: Demonstrate your understanding of current market trends and international licensing. Mention any specific tools or insights you have that could benefit us. This shows you're not just applying for any job, but you’re genuinely interested in this one!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at IDEX Consulting Ltd
✨Know Your Stuff
Make sure you brush up on your knowledge of Professional Indemnity (PI) underwriting. Understand the nuances of both UK and international markets, as well as any recent changes in regulations. This will show that you're not just interested in the role but are also proactive about staying informed.
✨Build Rapport with Brokers
Since the role involves liaising with brokers, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully nurtured broker relationships in the past, and be ready to discuss how you would approach new connections.
✨Market Trends Matter
Stay updated on current market trends and be prepared to discuss them during your interview. This could include insights on competition, emerging risks, or shifts in client needs. Showing that you have a finger on the pulse of the industry will set you apart.
✨Ask Thoughtful Questions
Prepare some insightful questions to ask your interviewers. This could be about their growth strategy, how they handle international business, or their approach to diversity and inclusion. It shows that you're genuinely interested in the company and its culture.
