At a Glance
- Tasks: Manage broker relationships and develop strategies for growth in the South West of England.
- Company: Intact Insurance, a fresh name with a commitment to simpler, faster service.
- Benefits: Company car, annual bonus, hybrid working, 25 days leave, and health provisions.
- Other info: Inclusive culture with career development and flexible working options.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in underwriting and account management, preferably in Property & Casualty.
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 & Casualty but also Motor.
- Account management experience.
- Ability to discuss account performance with broker partners.
- Experience in the agricultural sector preferred but not necessary.
- Company car
- Annual discretionary bonus
- Up to 11% pension contributions
- Hybrid working and flexible hours
- 25 days annual leave plus bank holidays and buy/sell options
- Health and wellbeing provision with virtual GP
- Career development and mentoring
- Inclusive culture and employee networks
- Share investment options
We celebrate individuality and believe our differences make us stronger. We’re proud to foster a culture where everyone feels respected, valued, and empowered to thrive. As an Equal Opportunity and Disability Confident Employer, we ensure fair consideration for all applicants and offer interviews to all disabled candidates who meet the essential criteria. We understand that everyone’s circumstances are different and are happy to explore flexible working options such as reduced hours or job shares to support work–life balance.
Development Underwriter - South West of England in Taunton employer: Intact Insurance UK
Intact Insurance is an exceptional employer, offering a dynamic work environment in the South West of England where innovation meets collaboration. With benefits like a company car, generous pension contributions, and a strong focus on career development, employees are empowered to thrive in their roles. The inclusive culture and commitment to flexible working options ensure that every team member feels valued and supported, making it a truly rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Development Underwriter - South West of England in Taunton
✨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 Intact Insurance UK). 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 Intact Insurance UK. 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 Development Underwriter - South West of England in Taunton
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 Intact Insurance UK.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Intact Insurance UK. 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 Intact Insurance UK
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Intact Insurance UK 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 Intact Insurance UK, 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 Intact Insurance UK'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.
