At a Glance
- Tasks: Underwrite commercial risks and develop strong broker relationships.
- Company: Leading insurer with a strong presence in the commercial insurance market.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Exciting opportunity for career advancement in a supportive environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in Commercial Property & Casualty underwriting and strong relationship management skills.
The predicted salary is between 40000 - 50000 £ per year.
Location: Maidstone, 3 days per week in the office
Salary: Competitive depending on experience
IPS Group are working with a leading insurer with a strong presence in the commercial insurance market, to find a Commercial Underwriter to join their growing team in Maidstone.
The Role
As a Commercial Underwriter, you will be responsible for underwriting commercial risks within your delegated authority, ensuring business is written profitably and in line with underwriting strategy. You will also be underwriting mid-market commercial risks, developing broker relationships, and driving profitable growth across the portfolio.
- Managing large or complex cases while providing exceptional service to intermediary partners.
- Acting as a key point of contact for brokers, enhancing confidence in the organisation's underwriting capabilities.
- Attending broker and customer meetings to support new business development and strengthen existing relationships.
- Monitoring account and portfolio performance, identifying areas for improvement and implementing appropriate actions.
- Supporting loss ratio management through effective underwriting controls and portfolio oversight.
- Investigating underperforming accounts and retention challenges, working closely with senior underwriting colleagues to improve outcomes.
- Collaborating with internal stakeholders to deliver outstanding underwriting service and technical expertise.
About You
To be considered for this opportunity, you will ideally have:
- Strong experience within Commercial Property & Casualty underwriting with current market knowledge.
- Strong trading and relationship management skills with a proven ability to develop broker partnerships.
- Excellent commercial awareness and negotiation skills.
- Experience monitoring portfolio performance and implementing action plans to improve results.
- Strong technical underwriting knowledge within a commercial or composite insurance environment.
Locations
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Underwriter in Kent, Maidstone
✨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 Insurance Underwriter in Kent, Maidstone
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.
