At a Glance
- Tasks: Manage construction policies and build strong relationships with brokers.
- Company: Innovative insurer known for putting people first and fostering growth.
- Benefits: Competitive salary, bonus potential, private medical, dental, and excellent pension.
- Other info: Clear career progression to Senior Underwriter level in a dynamic environment.
- Why this job: Join a growing team and make impactful commercial decisions in construction underwriting.
- Qualifications: Solid background in construction underwriting and relationship management skills.
The predicted salary is between 59000 - 59000 £ per year.
IPS Group is proud to be working with this highly regarded and innovative Insurer to support them with hiring an existing business Construction Underwriter. You will join their construction underwriting team in either Birmingham, Manchester or Leeds.
As a Construction Underwriter you will handle a variety of interesting Construction policies. Risks range from electrical contractors, HVAC contractors, building service engineers to finishing trades and building contractors and offer a wide range of product sections including cross class liability, professional liability and property. This is a great opportunity if you're an experienced underwriter who enjoys relationship management, renewals, and making commercial decisions, all within a business that genuinely puts people first.
Key Duties:- Managing a portfolio of renewals, MTAs, and referrals across construction risks
- Delivering a high level of service to brokers via phone, email, and e-trading platforms
- Underwriting within authority limits, ensuring profitability and compliance with guidelines
- Building strong relationships with brokers and keeping those partnerships growing
- Working closely with brokers to secure renewals and identify upsell/cross-sell opportunities
- Attending underwriting meetings and sharing insights on market trends and performance
- Collaborating with technical teams and the wider business
- Supporting ad hoc projects and wider team initiatives when needed
To be considered you will need to have a solid background within construction underwriting. There is a clear path available for an experienced Underwriter to develop to Senior Underwriter level. This is a real standout opportunity to join an Insurer who offers something a little different to the average composite. They are in serious growth mode and are doing things in the right way. You will be rewarded with a base salary up to £59,000 + a bonus of up to 15% and an excellent benefits package including private medical and dental and an excellent pension.
Construction Underwriter- Existing Business in Birmingham employer: IPS Group
IPS Group is an exceptional employer, offering a dynamic work environment where innovation and employee well-being are at the forefront. With opportunities for professional growth and a commitment to fostering strong relationships within the construction sector, employees can thrive in their roles while enjoying a competitive salary, generous bonuses, and comprehensive benefits including private medical and dental care. Join a company that values its people and is dedicated to making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Construction Underwriter- Existing Business in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the construction and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and their approach to underwriting. Think about how your experience aligns with their values and goals. We want you to shine, so practice answering common questions and have some insightful queries ready for them too.
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We believe that a little courtesy can make a big difference in the hiring process.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, we’re here to support you every step of the way in landing that dream job!
We think you need these skills to ace Construction Underwriter- Existing Business in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Construction Underwriter role. Highlight your experience with construction policies and any relevant skills that match 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 construction underwriting and how your background aligns with our values. Keep it engaging and personal – we love a good story!
Showcase Your Relationship Management Skills:Since this role involves building strong relationships with brokers, make sure to highlight any relevant experience in relationship management. We want to know how you've successfully collaborated with others 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 get you on our radar. Don’t miss out on this fantastic opportunity!
How to prepare for a job interview at IPS Group
✨Know Your Construction Policies
Make sure you brush up on the various construction policies you'll be dealing with. Understand the specifics of risks like electrical contractors and HVAC contractors, as well as the different product sections such as liability and property. This knowledge will help you speak confidently about how you can manage these risks effectively.
✨Showcase Your Relationship Management Skills
Since this role involves a lot of relationship management with brokers, prepare examples from your past experiences where you've successfully built and maintained strong partnerships. Highlight how you’ve secured renewals or identified upsell opportunities, as this will demonstrate your ability to thrive in a collaborative environment.
✨Prepare for Market Trends Discussion
Stay updated on current market trends in the construction insurance sector. Be ready to discuss how these trends might impact underwriting decisions. Showing that you’re informed and proactive about industry changes will impress your interviewers and show that you’re serious about the role.
✨Demonstrate Your Decision-Making Skills
As an underwriter, making commercial decisions is key. Prepare to discuss scenarios where you had to make tough calls regarding profitability and compliance. Use specific examples to illustrate your thought process and how you balance risk with business needs, which will highlight your suitability for the role.
