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- Tasks: Develop and grow a technology-focused portfolio while managing the full underwriting lifecycle.
- Company: Join a specialist global insurer with a focus on technology risks.
- Benefits: Competitive salary, flexible working locations, and opportunities for professional growth.
- Other info: Collaborative environment with mentoring opportunities and a focus on innovation.
- Why this job: Take ownership of a tech portfolio and make a real impact in the industry.
- Qualifications: Experience in underwriting or related fields, with strong negotiation and relationship skills.
The predicted salary is between 55000 - 70000 £ per year.
IPS Group are working closely with a specialist global insurer to appoint a Senior Development Underwriter as part of their expanding Technology Underwriting team. This role will play a key part in developing and growing a technology-focused portfolio, working closely with brokers to deliver profitable, sustainable business.
The role is well suited to either an experienced Technology Underwriter, or an underwriter from Cyber, Property & Casualty or Professional Indemnity looking to specialise in technology risks. You will be involved in new business development, underwriting moderate to complex risks, and negotiating terms while maintaining strong broker relationships.
The position can be based in Birmingham, Manchester or Leeds, with broker relationships primarily across the Midlands and the North. Regular broker engagement is essential, including meetings and market-facing activity.
You will manage the full underwriting lifecycle from submission through to bind, driving conversion rates and portfolio performance. This includes proactive portfolio management, underwriting MTAs, leading underwriting reviews, identifying cross-sell opportunities, and contributing to product and portfolio initiatives.
You will balance growth, retention and profitability across your book of business and support wider sales and renewal activity. As a senior underwriter, you will also provide guidance and mentoring to less experienced team members and work collaboratively with internal stakeholders to support overall business objectives.
This is an excellent opportunity for a New Business focused Underwriter looking to take ownership of a technology portfolio and play a key role in its continued development.
Locations
Senior Development Underwriter - Technology in Leeds, Yorkshire employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Development Underwriter - Technology in Leeds, Yorkshire
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially brokers. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building those relationships can really help you stand out when it comes to landing that Senior Development Underwriter role.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your experience in underwriting technology risks. Share specific examples of how you've successfully managed portfolios or negotiated terms in the past. This will demonstrate your value and fit for the role.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out to companies you admire, like the one we're working with at StudySmarter, and express your interest in their technology underwriting team. Sometimes, creating your own opportunity is the best way to land the job you want.
✨Tip Number 4
Keep learning and adapting! The tech landscape is always changing, so stay updated on the latest trends and risks in technology underwriting. This not only makes you more marketable but also shows potential employers that you're committed to growing in your field. Plus, we’ve got resources on our website to help you stay ahead!
We think you need these skills to ace Senior Development Underwriter - Technology in Leeds, Yorkshire
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Development Underwriter role. Highlight your experience in technology underwriting or related fields like Cyber or Property & Casualty. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about technology underwriting and how you can contribute to our team. Keep it engaging and relevant to the job description.
Showcase Your Broker Engagement Skills: Since regular broker engagement is key, make sure to mention any relevant experience you have in building and maintaining strong broker relationships. We love seeing examples of how you've successfully negotiated terms in the past!
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 Tech Inside Out
Make sure you brush up on the latest trends and developments in technology underwriting. Be prepared to discuss specific technology risks and how they differ from traditional underwriting. This will show your potential employer that you're not just familiar with the basics, but that you’re genuinely passionate about the field.
✨Showcase Your Broker Relationship Skills
Since this role involves a lot of broker engagement, think of examples where you've successfully built and maintained strong relationships. Prepare to discuss how you’ve negotiated terms or managed complex underwriting situations in the past. This will demonstrate your ability to thrive in a collaborative environment.
✨Highlight Your New Business Development Experience
Be ready to talk about your experience in developing new business and driving conversion rates. Share specific metrics or achievements that illustrate your success in growing a portfolio. This will help the interviewers see you as a proactive candidate who can contribute to their growth objectives.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting. Think through potential challenges you might encounter in managing a technology portfolio and how you would address them. This will showcase your critical thinking and problem-solving abilities, which are crucial for this role.