At a Glance
- Tasks: Manage broker relationships and develop strategies for growth in the South West.
- Company: Intact Insurance, a fresh name with a commitment to simpler, faster service.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Exciting opportunity to work with key brokers across a vibrant region.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in underwriting and strong negotiation skills required.
The predicted salary is between 40000 - 50000 € per year.
Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It’s a new name and a new way to do business backed by global expertise and a commitment to service that feels different. We’re focused on making insurance simpler, faster, and more responsive.
We are currently recruiting for a Development Underwriter to join our existing team to support key brokers in the South West of England region. Brokers will be based anywhere between Birmingham, Southampton, Exeter, Bristol and South Wales so you will need to be located somewhere within this geographical area.
The purpose of this role is to manage a portfolio of broker relationships through effective business development strategies and collaboration with key stakeholders to achieve growth and profit.
Responsibilities- Managing the sourcing process for growth within existing partners, new distribution channels, presenting to new clients, securing invitations to tender and negotiating profitable solutions.
- Building and implementing sales strategies for broker panel to deliver sales plans, and taking responsibility for monthly monitoring as well as developing and implementing action plans to ensure delivery of financials.
- Providing leadership and direction for the underwriting team to encourage better and smarter working and support the development strategies for broker panel.
- Maintaining and developing a good understanding of relevant product market, sector, geographic location, distribution segmentation and communicating market developments to appropriate internal stakeholders, supporting business opportunities throughout Intact Insurance.
Experience in underwriting in broker offices negotiating new business and renewals, preferably Property.
Development Underwriter - Sout West of England in Somerset employer: Intact Insurance UK
Intact Insurance is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation in the insurance sector. With a strong focus on employee growth, we provide comprehensive training and development opportunities, ensuring our team members thrive in their careers while enjoying the benefits of working within the vibrant South West of England. Join us to be part of a forward-thinking company that values your contributions and supports your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Development Underwriter - Sout West of England in Somerset
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the South West. Attend local events or join online forums to meet brokers and other underwriters. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers, highlight your experience in underwriting and your knack for building relationships. Be ready to share specific examples of how you've successfully managed broker partnerships in the past.
✨Tip Number 3
Research is key! Before any interview, make sure you know Intact Insurance inside out. Understand their products, market position, and recent developments. This will not only impress them but also help you tailor your answers to show you're the perfect fit.
✨Tip Number 4
Apply through our website! We make it super easy for you to find and apply for roles like the Development Underwriter. Plus, it shows you're genuinely interested in joining our team. So, don’t hesitate – get your application in today!
We think you need these skills to ace Development Underwriter - Sout West of England in Somerset
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Development Underwriter role. Highlight your experience in underwriting and any relevant achievements that align with the job description. We want to see how you can bring value to our team!
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 your skills match what we're looking for. Keep it engaging and personal – we love a bit of personality!
Showcase Your Broker Relationships:Since this role involves managing broker relationships, make sure to mention any relevant connections or experiences you've had. We’re keen to see how you’ve successfully collaborated with brokers in the past!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Intact Insurance UK
✨Know Your Stuff
Make sure you brush up on your underwriting knowledge, especially in property. Understand the key trends in the market and be ready to discuss how you can apply this knowledge to support brokers in the South West of England.
✨Showcase Your Relationship Skills
Since the role involves managing broker relationships, prepare examples of how you've successfully built and maintained partnerships in the past. Highlight your negotiation skills and any strategies you've used to secure profitable solutions.
✨Be Ready to Discuss Sales Strategies
Think about how you would approach building and implementing sales strategies for a broker panel. Be prepared to share your ideas on how to achieve growth and profit, and how you would monitor and adjust these plans over time.
✨Demonstrate Leadership Qualities
Even if you're not applying for a managerial position, it's important to show that you can provide direction and support to a team. Share experiences where you've led initiatives or encouraged smarter working practices within a team.
