Insurance Underwriter

Insurance Underwriter

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as an Insurance Underwriter, managing commercial risks and building client relationships.
  • Company: Work for a global insurance company with a strong reputation in the industry.
  • Benefits: Enjoy a negotiable salary, 23 days holiday, hybrid working options, and additional leave flexibility.
  • Why this job: Gain valuable experience in underwriting while contributing to exciting projects and initiatives.
  • Qualifications: Ideal candidates have knowledge of legal indemnities from roles like legal executive or insurance underwriter.
  • Other info: Full product training provided; perfect for those looking to grow in the insurance field.

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

We have a fantastic job opportunity working for a global insurance company as an Insurance Underwriter. As full product training is provided we will consider candidates who have an in-depth knowledge of legal indemnities, which you may have gained working as a legal executive, conveyancer, fee earner, or insurance underwriter.You will play a key role as anunderwriterdriving theirbusiness forward in the UK, The role will involve underwritingcommercial risks within agreed authority levels, negotiating and maximising business profitability by means of effective underwriting decisions and techniques. You will reviewproducts offered both on and offline (including panels and schemes), to ensure that all aspects continue to meet the high standards required by their customers and comply with regulatory requirements. You will build strong relationships with clients, solicitors, brokers, and business units plus assist in the development of these relationships through presentations, meetings, and corporate events In addition, you will provide support and training to junior team members to develop their technical/commercial proficiency and contribute to ongoing initiatives and projects. Salary is negotiable depending on experience, circa £50k, excellent benefits including 23 days holiday + bank holidays rising with years of service, and the option to buy/sell an additional 3 days per year. Theyoffer hybrid working flexibility of up to 3 da…

Insurance Underwriter employer: Insure Recruitment Careers

Join a leading global insurance company that values your expertise and offers a supportive work environment for Insurance Underwriters. With comprehensive training, competitive salary, and generous benefits including flexible hybrid working, you will thrive in a culture that promotes professional growth and strong client relationships. Enjoy the opportunity to mentor junior team members while contributing to innovative projects that drive business success in the UK.
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Contact Detail:

Insure Recruitment Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Underwriter

✨Tip Number 1

Familiarize yourself with the latest trends and regulations in the insurance industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing field.

✨Tip Number 2

Network with professionals in the insurance sector, especially those who work as underwriters or in related roles. Attend industry events or join online forums to build connections that could lead to referrals or insider information about job openings.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully assessed risks and made underwriting decisions in your previous roles. Highlighting your analytical skills and decision-making process can set you apart from other candidates.

✨Tip Number 4

Showcase your ability to build relationships by preparing anecdotes about successful collaborations with clients, brokers, or colleagues. Strong interpersonal skills are crucial for this role, and demonstrating them can make a lasting impression.

We think you need these skills to ace Insurance Underwriter

Legal Indemnities Knowledge
Commercial Risk Assessment
Negotiation Skills
Underwriting Techniques
Regulatory Compliance
Client Relationship Management
Presentation Skills
Team Leadership
Training and Development
Analytical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Business Profitability Maximization

Some tips for your application 🫡

Highlight Relevant Experience: Make sure to emphasize your in-depth knowledge of legal indemnities and any relevant experience you have as a legal executive, conveyancer, fee earner, or insurance underwriter. Tailor your CV to showcase these skills.

Demonstrate Underwriting Skills: In your cover letter, provide specific examples of how you've successfully negotiated and maximized business profitability through effective underwriting decisions. This will show your potential employer that you can drive their business forward.

Showcase Relationship Building: Discuss your ability to build strong relationships with clients, solicitors, brokers, and business units. Mention any past experiences where you successfully developed these relationships through presentations or meetings.

Express Willingness to Train Others: Mention your enthusiasm for providing support and training to junior team members. Highlight any previous mentoring or training experiences to demonstrate your commitment to developing others' technical and commercial proficiency.

How to prepare for a job interview at Insure Recruitment Careers

✨Show Your Knowledge of Legal Indemnities

Make sure to highlight your understanding of legal indemnities during the interview. Discuss any relevant experience you have as a legal executive or in similar roles, and how that knowledge can benefit the underwriting process.

✨Demonstrate Your Underwriting Skills

Prepare to discuss specific underwriting techniques you've used in the past. Be ready to provide examples of how you've made effective underwriting decisions that maximized profitability while managing risks.

✨Build Rapport with Interviewers

Since relationship-building is key in this role, practice how you can establish rapport with clients and colleagues. Share experiences where you've successfully built relationships in previous positions, especially with solicitors and brokers.

✨Prepare for Questions on Team Development

Expect questions about how you would support and train junior team members. Think of examples where you've mentored others or contributed to team development, and be ready to discuss your approach to fostering technical and commercial proficiency.

Insurance Underwriter
Insure Recruitment Careers
I
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