At a Glance
- Tasks: Underwrite new and existing business, focusing on Contractors Combined and Casualty portfolios.
- Company: Join a respected insurer with a collaborative and empowering culture.
- Benefits: Competitive salary around £85,000, plus opportunities for career development.
- Other info: Enjoy client visits across the South West and build strong broker relationships.
- Why this job: Make impactful decisions and grow your underwriting career in a dynamic environment.
- Qualifications: Experience in commercial lines underwriting, especially in Casualty and Contractors Combined.
- Commercial Underwriter - Casualty & Construction
- Location - Bristol
- Salary - Circa £85,000 (Depending on experience)
IPS Group are working with a well-established and highly respected insurer that is looking to appoint a Commercial Underwriterto join its regional underwriting team in Bristol.
This is an excellent opportunity for an experienced commercial lines underwriter to join a collaborative and supportive business where individuals are empowered to make decisions, contribute to profitable growth, and further develop their underwriting careers.
The successful candidate will play a key role in the development of a successful Contractors Combined portfolio, underwriting both delegated authority and open market business, while also supporting a broader Casualty and Property account across a diverse range of industries.
The opportunity is a 50/50 split between New Business and renewals dealing with premiums in the range of £15,000 - £60,000 mostly but also some higher premiums.
There is an expectation to be on client visits across the South West so having experience of being out and about with a strong reputation in the market is advantagous.
Key Responsibilities
- Underwrite new and existing business in line with underwriting authority and business plan objectives.
- Develop and grow Contractors Combined, Casualty, and Property portfolios profitably.
- Ensure compliance with underwriting guidelines, regulatory requirements, and internal standards.
- Manage reinsurance requirements where applicable.
- Build and maintain strong trading relationships with brokers and key stakeholders.
- Monitor portfolio performance and identify opportunities for improvement and growth.
- Support delegated authority arrangements, including audits and oversight activities.
- Work collaboratively with colleagues across underwriting, claims, and wider business functions.
- Deliver exceptional service and customer-focused underwriting solutions.
About You
- Experience underwriting commercial lines business, with a particular focus on Casualty and Contractors Combined risks.
- Strong technical underwriting knowledge and sound market awareness.
- Excellent broker development, relationship-building, and negotiation skills.
- A commercial mindset with the ability to identify profitable business opportunities.
- Strong organisational and prioritisation skills.
- A proactive and adaptable approach to delivering solutions for clients and brokers.
- TPBN1_UKTJ
Commercial Underwriter - Casualty & Construction in Bristol employer: IPS Group
Join a well-established independent firm of Chartered Accountants in Selby, where you will thrive in a supportive work culture that values professional growth and development. With a diverse client base, this role offers the chance to enhance your skills while enjoying competitive benefits and a collaborative environment that fosters teamwork and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Underwriter - Casualty & Construction in Bristol
✨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 IPS Group). 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 IPS Group. 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 Commercial Underwriter - Casualty & Construction in Bristol
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 IPS Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IPS Group. 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 IPS Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IPS Group 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 IPS Group, 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 IPS Group'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.
