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, flexible working, and opportunities for professional development.
- Other info: Work across London and Essex with excellent career progression opportunities.
- Why this job: Join a dynamic team and make a real impact in the insurance sector.
- Qualifications: Extensive experience in Commercial Combined underwriting and strong communication skills.
The predicted salary is between 75000 - 75000 £ per year.
Location: London/Essex (Minimum 1 day per week in Essex)
Salary: Circa £75,000
IPS Group are working with a specialist insurance intermediary group to bring in a Lead 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.
You will work closely with Underwriting, Product, and IT teams, as well as provide guidance and support to junior underwriters. Although you are classed as a Lead Underwriter, there is no people management in this role.
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.
Lead Commercial Combined Underwriter employer: IPS Group
Join a dynamic and supportive team at our specialist insurance intermediary group, where we prioritise employee growth and development. With a collaborative work culture that encourages innovation and excellence, you will have the opportunity to enhance your underwriting skills while working in both our London and Essex offices. Enjoy competitive remuneration, flexible working arrangements, and the chance to build strong relationships with brokers in a rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Commercial Combined Underwriter
✨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 Lead Commercial Combined Underwriter
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.
