At a Glance
- Tasks: Manage a diverse portfolio of SME and mid-market risks in Marine Insurance.
- Company: Join IPS Group, a respected partner in the insurance industry.
- Benefits: Enjoy competitive pay, potential for remote work, and great corporate perks.
- Why this job: Be part of a dynamic team with opportunities for growth and impact in the insurance sector.
- Qualifications: Experience in underwriting or insurance is preferred; a keen eye for detail is essential.
- Other info: This role is based in Manchester, focusing on renewals and some new business.
The predicted salary is between 36000 - 60000 £ per year.
An exciting opportunity to manage a dynamic portfolio of SME and mid-market risks across the Marine Insurance industry. IPS Group is partnering with a respected insurer to find a talented Cargo & Freight Underwriter for their Manchester office, primarily focused on renewals, with some exposure to new business.
You will handle premiums ranging from £2.5k to £100k, balancing high-volume cases with more complex risks.
Cargo & Freight Underwriter employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cargo & Freight Underwriter
✨Tip Number 1
Familiarise yourself with the Marine Insurance industry, especially focusing on cargo and freight underwriting. Understanding the nuances of this sector will not only boost your confidence but also impress potential employers during discussions.
✨Tip Number 2
Network with professionals in the insurance field, particularly those who specialise in marine insurance. Attend industry events or join relevant online forums to build connections that could lead to job opportunities.
✨Tip Number 3
Stay updated on current trends and regulations affecting the marine insurance market. Being knowledgeable about recent developments can set you apart from other candidates and demonstrate your commitment to the field.
✨Tip Number 4
Prepare for interviews by practising common questions related to underwriting and risk assessment. Tailoring your responses to reflect your understanding of SME and mid-market risks will show that you're a strong fit for the role.
We think you need these skills to ace Cargo & Freight Underwriter
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Cargo & Freight Underwriter. Highlight your experience in managing SME and mid-market risks, particularly in the Marine Insurance sector.
Tailor Your CV: Make sure your CV reflects relevant experience in underwriting, especially with renewals and new business. Use specific examples that demonstrate your ability to handle premiums within the specified range.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of the challenges faced by Cargo & Freight Underwriters. Mention why you are interested in working with this particular insurer in Manchester.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise to make a strong impression.
How to prepare for a job interview at IPS Group
✨Know Your Marine Insurance Basics
Make sure you brush up on your knowledge of marine insurance, especially regarding cargo and freight. Understanding the key concepts and terminology will help you answer questions confidently and demonstrate your expertise.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting. Think about past experiences where you had to balance risk and reward, and be ready to discuss how you would approach similar situations in this role.
✨Showcase Your Portfolio Management Skills
Since the role involves managing a dynamic portfolio, be prepared to discuss your experience with portfolio management. Highlight any strategies you've used to handle renewals and new business effectively, and how you prioritise high-volume cases.
✨Demonstrate Strong Communication Skills
As an underwriter, you'll need to communicate effectively with clients and colleagues. Practice articulating your thoughts clearly and concisely, and be ready to explain complex insurance concepts in a way that's easy to understand.