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- Tasks: Develop and grow a technology-focused portfolio while managing the full underwriting lifecycle.
- Company: Join a specialist global insurer with a focus on technology underwriting.
- Benefits: Competitive salary, flexible working locations, and opportunities for professional growth.
- Other info: Dynamic team environment with mentoring opportunities and career advancement.
- Why this job: Take ownership of a tech portfolio and make a real impact in the industry.
- Qualifications: Experience in underwriting or related fields, with strong negotiation and relationship skills.
The predicted salary is between 50000 - 65000 £ per year.
IPS Group are working closely with a specialist global insurer to appoint a Senior Development Underwriter as part of their expanding Technology Underwriting team. This role will play a key part in developing and growing a technology-focused portfolio, working closely with brokers to deliver profitable, sustainable business.
The role is well suited to either an experienced Technology Underwriter, or an underwriter from Cyber, Property & Casualty or Professional Indemnity looking to specialise in technology risks. You will be involved in new business development, underwriting moderate to complex risks, and negotiating terms while maintaining strong broker relationships.
The position can be based in Birmingham, Manchester or Leeds, with broker relationships primarily across the Midlands and the North. Regular broker engagement is essential, including meetings and market-facing activity.
You will manage the full underwriting lifecycle from submission through to bind, driving conversion rates and portfolio performance. This includes proactive portfolio management, underwriting MTAs, leading underwriting reviews, identifying cross-sell opportunities, and contributing to product and portfolio initiatives.
You will balance growth, retention and profitability across your book of business and support wider sales and renewal activity. As a senior underwriter, you will also provide guidance and mentoring to less experienced team members and work collaboratively with internal stakeholders to support overall business objectives.
This is an excellent opportunity for a New Business focused Underwriter looking to take ownership of a technology portfolio and play a key role in its continued development.
Senior Development Underwriter - Technology in Birmingham employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Development Underwriter - Technology in Birmingham
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in technology underwriting. Attend events, join online forums, and don’t be shy about reaching out to brokers on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Showcase your expertise! When you’re chatting with potential employers or brokers, make sure to highlight your experience with moderate to complex risks. Share specific examples of how you've successfully managed portfolios or negotiated terms in the past. This will help you stand out as a candidate who knows their stuff.
✨Tip Number 3
Be proactive! Don’t wait for job openings to come to you. Reach out to companies you admire, like IPS Group, and express your interest in their technology underwriting team. Sometimes, the best opportunities are created through initiative rather than waiting for them to be posted.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills. Plus, it shows you’re genuinely interested in joining our team. So, don’t hesitate – get your application in and let’s see what we can achieve together!
We think you need these skills to ace Senior Development Underwriter - Technology in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Development Underwriter role. Highlight your experience in technology underwriting or related fields like Cyber or Property & Casualty. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about technology underwriting and how you can contribute to our team. Keep it engaging and relevant to the job description.
Showcase Your Broker Relationships: Since strong broker relationships are key for this role, make sure to mention any relevant connections or experiences you've had. We love seeing candidates who understand the importance of collaboration in driving business success.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at IPS Group
✨Know Your Tech Inside Out
Make sure you brush up on the latest trends and developments in technology underwriting. Familiarise yourself with key terms and concepts related to cyber risks, property & casualty, and professional indemnity. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Showcase Your Broker Relationship Skills
Since this role involves maintaining strong broker relationships, be prepared to discuss your experience in this area. Think of specific examples where you've successfully engaged with brokers, negotiated terms, or developed new business. Highlighting these experiences will demonstrate your ability to thrive in a collaborative environment.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting complex risks. Practice articulating your thought process when managing submissions, driving conversion rates, or handling portfolio management. This will help you convey your strategic thinking and problem-solving abilities effectively.
✨Emphasise Your Mentoring Experience
As a senior underwriter, you'll be expected to guide less experienced team members. Be ready to share instances where you've provided mentorship or support to colleagues. This will showcase your leadership qualities and your commitment to fostering a collaborative team environment.