At a Glance
- Tasks: Manage construction policies and build strong relationships with brokers.
- Company: Join a highly regarded and innovative insurer with a people-first culture.
- Benefits: Competitive salary, supportive team environment, and opportunities for professional growth.
- Other info: Work from Birmingham, Manchester, or Leeds with excellent career advancement potential.
- Why this job: Make impactful decisions in a dynamic industry while enjoying a collaborative work atmosphere.
- Qualifications: Experience in underwriting and strong relationship management skills.
The predicted salary is between 40000 - 50000 £ 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
Construction Underwriter- Existing Business employer: IPS Group
IPS Group is an exceptional employer that prioritises its employees' growth and well-being, offering a dynamic work culture where innovation thrives. With opportunities for professional development and a focus on relationship management, you will be part of a supportive team in vibrant cities like Birmingham, Manchester, or Leeds, making a meaningful impact in the construction insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Construction Underwriter- Existing Business
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in construction underwriting. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by knowing your stuff! Research the company and its values, especially their approach to underwriting and client relationships. Be ready to discuss how you can contribute to their team and handle the diverse risks they manage.
✨Tip Number 3
Showcase your skills in relationship management! During interviews, share examples of how you've successfully managed broker relationships or navigated complex renewals. This will highlight your fit for the role and demonstrate your understanding of the business.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you ace your application and get noticed. Plus, it shows you’re genuinely interested in joining our team and makes it easier for us to keep track of your application.
We think you need these skills to ace Construction Underwriter- Existing Business
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 underwriting skills. 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 underwriting and how your background aligns with our values at IPS Group. Let us know what makes you the perfect fit for this role.
Showcase Your Relationship Management Skills:Since this role involves a lot of relationship management, be sure to highlight any experience you have in building and maintaining strong partnerships. We love seeing candidates who can connect with brokers and clients effectively!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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, think of examples from your past experiences where you've successfully built and maintained strong relationships with brokers. Be ready to discuss how you approach renewals and upselling opportunities, as this will demonstrate your ability to add value to the team.
✨Prepare for Market Insights
Research current market trends in the construction insurance sector. Be prepared to share your insights during the interview, as this shows that you're not only knowledgeable but also proactive about understanding the industry landscape. It’s a great way to impress them with your analytical skills.
✨Practice Your Communication Skills
Since you'll be communicating with brokers via phone, email, and e-trading platforms, practice articulating your thoughts clearly and concisely. Consider doing mock interviews or role-playing scenarios to get comfortable with discussing underwriting decisions and compliance guidelines.
