At a Glance
- Tasks: Underwrite Commercial Combined risks and manage broker relationships for profitable growth.
- Company: Specialist insurance intermediary group with a focus on innovation.
- Benefits: Competitive salary up to £65,000 and opportunities for professional development.
- Other info: Work across London and Essex offices with excellent career progression opportunities.
- Why this job: Shape underwriting strategy and influence product development in a dynamic environment.
- Qualifications: Extensive experience in Commercial Combined underwriting and strong communication skills.
The predicted salary is between 65000 - 65000 £ per year.
Location: London/Essex (Minimum 1 day per week in Essex)
Salary: Up to £65,000
IPS Group are working with a specialist insurance intermediary group to bring in a Commercial Combined Underwriter. This opportunity is split across their London and Essex offices.
The position centres on underwriting Commercial Combined risks across the SME and mid-market sectors while driving profitable growth and strengthening broker relationships. The role involves managing new business, renewals, and mid-term adjustments, ensuring decisions are technically accurate, consistent, and delivered with excellent broker service. Premiums for this opportunity will typically range between £5,000 - £40,000.
This role offers the opportunity to influence underwriting strategy, support product development, and shape the performance of the Commercial Combined portfolio.
What you need:
- The ideal person for this opportunity will be a vastly experienced Commercial Combined Underwriter with excellent technical knowledge across Property, Business Interruption, and Liability Insurance.
- Understanding of underwriting principles and risk selection.
- Knowledge of compliance and regulation.
- Excellent communication and negotiation skills.
- Strong time-management abilities.
Commercial Combined Underwriter employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Combined Underwriter
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the insurance sector. Attend events, join online forums, and don’t be shy to reach out on LinkedIn – you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss underwriting principles, risk selection, and compliance regulations. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Practice your negotiation skills! As a Commercial Combined Underwriter, you'll need to communicate effectively with brokers. Role-play scenarios with friends or colleagues to get comfortable with discussing premiums and terms.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace Commercial Combined Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Combined Underwriter role. Highlight your experience in underwriting, especially in Property and Liability Insurance, and showcase any relevant achievements that demonstrate your technical knowledge.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of underwriting principles and how you can contribute to driving profitable growth and strengthening broker relationships.
Showcase Your Communication Skills: Since excellent communication is key in this role, make sure to reflect that in your application. Use clear and concise language, and don’t hesitate to share examples of how you've successfully negotiated or communicated with brokers in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status!
How to prepare for a job interview at IPS Group
✨Know Your Underwriting Inside Out
Make sure you brush up on your technical knowledge of Commercial Combined risks, especially in Property, Business Interruption, and Liability Insurance. Be ready to discuss specific cases or scenarios where you've successfully managed underwriting decisions.
✨Showcase Your Broker Relationship Skills
Prepare examples that highlight your experience in building and maintaining strong broker relationships. Think about times when your communication and negotiation skills made a difference in securing business or resolving issues.
✨Demonstrate Your Understanding of Compliance
Familiarise yourself with the latest compliance and regulatory requirements in the insurance sector. Be prepared to discuss how you ensure adherence to these standards in your underwriting processes.
✨Time Management is Key
Think of specific instances where your time-management skills have helped you juggle multiple tasks effectively. Be ready to explain how you prioritise new business, renewals, and mid-term adjustments while maintaining high service levels.