Senior Construction Underwriter - New Business in Manchester

Senior Construction Underwriter - New Business in Manchester

Manchester Full-Time 80000 - 96000 £ / year (est.) No working from home possible
IPS Group

At a Glance

  • Tasks: Drive new business and manage key broker relationships in construction underwriting.
  • Company: Join a highly regarded global insurer known for its desirable workplace culture.
  • Benefits: Earn up to £80,000 plus a 20% bonus and enjoy excellent health and pension benefits.
  • Other info: Be part of a growing team with opportunities for mentorship and strategic influence.
  • Why this job: Make a real impact in a high-profile role with direct exposure to senior leadership.
  • Qualifications: Experience in construction underwriting; ideal for both established and aspiring senior underwriters.

The predicted salary is between 80000 - 96000 £ per year.

The underwriting team at IPS Group Birmingham are supporting a highly regarded global Insurer often mentioned as one of the most desirable Insurers to work for in the market. They are looking to appoint a Senior Construction Underwriter in this new business focused role which can be based in either Birmingham, Manchester or Leeds.

This is a senior, high profile role with responsibility for driving new business, managing key broker relationships, and contributing to the growth of a £25M construction portfolio. You will be joining a team of experienced Construction Underwriters with high visibility and direct exposure to senior leadership, this role will offer real influence over underwriting strategy and portfolio development.

You will be working across a varied and technically engaging mix of business including annual contractors policies and project specific construction risks. You will be a referral oversight for liability underwriters where construction elements require specialist input.

Key Responsibilities
  • Underwriting & Trading
    • Underwrite construction risks across a multi-line portfolio
    • Assess, price, and negotiate new business opportunities
    • Manage a consistent flow of submissions via CRM systems
    • Make timely, commercially sound underwriting decisions
  • Broker Relationship Management
    • Build and maintain strong relationships with brokers across the UK
    • Drive engagement through regular calls and face-to-face meetings
    • Clearly communicate underwriting appetite and capabilities
    • Identify and convert new business opportunities
  • Business Development
    • Develop and manage your own pipeline of business
    • Support the growth of open market trading activity
    • Contribute to the expansion of facilities and schemes
  • Technical Leadership
    • Act as a referral point for complex risks
    • Mentor and support junior underwriters
    • Provide technical guidance across underwriting teams
  • Strategic Contribution
    • Contribute to evaluation of facilities, schemes, and tenders
    • Support portfolio growth initiatives and innovation

To be considered you must have construction underwriting experience, this can either be an established Senior Underwriter looking for a new challenge or an Underwriter looking to step up into a senior role. This is a real stand out opportunity to join an Insurer who offers something a little different to the average composite. They are in serious growth mode and are doing things in the right way. You will be rewarded with a base salary up to £80,000 + a bonus of up to 20% and an excellent benefits package including private medical and dental and an excellent pension.

Senior Construction Underwriter - New Business in Manchester employer: IPS Group

IPS Group is renowned for its supportive and dynamic work environment, making it an exceptional employer for those in the insurance sector. With a focus on employee growth, you will have the opportunity to influence underwriting strategy while working alongside experienced professionals in a high-profile role. The company offers competitive salaries, a generous bonus structure, and comprehensive benefits, including private medical and dental care, ensuring that your well-being is a top priority as you contribute to the expansion of a £25M construction portfolio.

IPS Group

Contact Details:

IPS Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Construction Underwriter - New Business in Manchester

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 about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!

Tip Number 2

Prepare for those interviews by researching the company and its culture. Understand their underwriting strategies and be ready to discuss how your experience aligns with their goals. We want you to shine, so practice common interview questions and have your own questions ready to show your interest!

Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We recommend mentioning something specific from your conversation to remind them why you’re the perfect fit for the Senior Construction Underwriter role.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive roles listed there that you won’t find anywhere else. Let’s get you that dream job!

We think you need these skills to ace Senior Construction Underwriter - New Business in Manchester

Construction Underwriting Experience
Risk Assessment
Pricing and Negotiation
Broker Relationship Management
CRM Systems Proficiency
Business Development
Pipeline Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Construction Underwriter role. Highlight your relevant experience in construction underwriting and any key achievements that showcase your ability to drive new business and manage broker relationships.

Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to express your passion for construction underwriting and how your skills align with our needs. Don’t forget to mention your experience with managing complex risks!

Showcase Your Technical Skills:Since this role involves technical leadership, make sure to highlight your expertise in underwriting strategy and portfolio development. We want to see how you can contribute to our growth and support junior underwriters.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at IPS Group

Know Your Stuff

Make sure you brush up on your construction underwriting knowledge. Understand the key risks and trends in the industry, as well as the specific types of policies you'll be dealing with. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

Build Rapport with Brokers

Since relationship management is a big part of this role, think about how you can demonstrate your ability to build strong connections. Prepare examples of how you've successfully managed broker relationships in the past, and be ready to discuss your approach to engaging with them effectively.

Showcase Your Strategic Thinking

This position involves contributing to underwriting strategy and portfolio development. Be prepared to discuss your experience with evaluating facilities and schemes, and share any innovative ideas you have for driving new business. Highlighting your strategic mindset will set you apart from other candidates.

Ask Insightful Questions

Interviews are a two-way street, so come armed with thoughtful questions about the company's growth plans and how they envision the role contributing to that. This shows your enthusiasm for the position and helps you gauge if it's the right fit for you.