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- Tasks: Join a dynamic team to underwrite diverse insurance products and develop broker relationships.
- Company: Established Lloyd's syndicate with a strong reputation in the Specialty & Affinities division.
- Benefits: Opportunities for personal growth, competitive salary, and a supportive team environment.
- Why this job: Be part of a successful portfolio and make a real impact in the underwriting field.
- Qualifications: Experience in underwriting, advanced Excel skills, and a passion for analytics.
- Other info: Ideal for team players eager to thrive in a collaborative underwriting role.
The predicted salary is between 36000 - 60000 £ per year.
A superb opening for an underwriter to join this long established Lloyd's syndicate within the Specialty & Affinities division. With a steady and growing portfolio of a diverse selection of classes, such as latent defect, motor warranty as well as adhoc other motor products, personal cyber, PA etc. Global book, UK/Europe/Asia, the existing team are well respected, with a successful and profitable portfolio, they will continue to develop across new and existing product lines offering genuine opportunities for personal growth and development.
Relationship development with brokers and wider distribution channels, the business is written 100% within this platform and with the facilities already in place, there is often little requirement for referral. As well as the underwriting experience and wider product knowledge, this role would suit someone with advanced excel analytics, someone who has experience working within a delegated platform, someone who understands how a delegated underwriting portfolio works and who has the ability to really analyse the data, for example across distribution channels, broker management etc.
Applications considered from candidates perhaps working at a brokers who work within a delegated authority facility, underwriting analyst in this area as well as the more traditional underwriters across other platforms. An all encompassing underwriting opportunity which will suit someone with a genuine passion for this area of the business, a team player who is committed to every aspect of what this underwriting role requires.
Delegated Underwriter in London employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd's syndicates. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers, be ready to discuss your advanced Excel analytics and how you've used them in previous roles. Real-life examples will make you stand out.
✨Tip Number 3
Be proactive! Don’t just wait for job postings. Reach out directly to companies you're interested in, like this Lloyd's syndicate. Express your enthusiasm for their work and ask if they have any upcoming opportunities.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you prepare for interviews and showcase your passion for underwriting. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Delegated Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience, especially if you've worked with delegated authority facilities or have advanced Excel analytics skills.
Craft a Compelling Cover Letter: Use your cover letter to showcase your passion for underwriting and how you can contribute to our team. Mention specific classes of business you're familiar with, like motor warranty or personal cyber, to show you understand our portfolio.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, include examples of how you've successfully analysed data in previous roles. This could be anything from broker management to distribution channel analysis—make it relevant!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity within our well-respected team.
How to prepare for a job interview at IPS Group
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially around delegated authority facilities. Be ready to discuss your experience with different classes like latent defect and motor warranty, as well as how you’ve managed portfolios in the past.
✨Show Off Your Excel Skills
Since advanced Excel analytics is key for this role, prepare to demonstrate your proficiency. Bring examples of how you've used Excel to analyse data, manage broker relationships, or improve underwriting processes. A practical demonstration could really impress!
✨Understand the Business Landscape
Familiarise yourself with the global book and the specific markets this syndicate operates in, such as the UK, Europe, and Asia. Being able to discuss market trends and how they impact underwriting decisions will show that you’re not just knowledgeable but also proactive.
✨Be a Team Player
This role requires collaboration, so be prepared to talk about your experiences working within teams. Share examples of how you’ve contributed to team success and how you handle challenges in a group setting. Highlighting your commitment to teamwork will resonate well with the interviewers.
