Residential Insurance Underwriter
Residential Insurance Underwriter

Residential Insurance Underwriter

Leeds Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite residential title risks and assess property transaction risks daily.
  • Company: Join a growing team in Leeds focused on title insurance and legal indemnities.
  • Benefits: Enjoy a collaborative work environment with potential for remote work options.
  • Why this job: Gain unique experience in a niche field with future opportunities in commercial deals.
  • Qualifications: No specific qualifications required; just a keen interest in property and risk assessment.
  • Other info: This role offers a chance to grow within a supportive team culture.

The predicted salary is between 36000 - 60000 £ per year.

We are working on an exciting opportunity for an Underwriter to join a growing and collaborative team in Leeds, specialising in title insurance and legal indemnities. This is a unique role offering the chance to underwrite a wide range of residential title risks, with future exposure to commercial deals.

You will be assessing risks related to property transactions, such as missing planning permissions.

Residential Insurance Underwriter employer: IPS Group

As a leading employer in the insurance sector, we pride ourselves on fostering a collaborative and inclusive work culture in Leeds. Our team members benefit from comprehensive training and development opportunities, ensuring personal and professional growth while working on diverse and challenging projects. With a focus on employee well-being and a supportive environment, we offer a unique chance to thrive in your career as a Residential Insurance Underwriter.
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Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Residential Insurance Underwriter

✨Tip Number 1

Familiarise yourself with the specific types of residential title risks that are common in the Leeds area. Understanding local regulations and property laws will give you an edge during interviews.

✨Tip Number 2

Network with professionals in the insurance and property sectors. Attend local industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.

✨Tip Number 3

Stay updated on current trends in the property market, especially those affecting title insurance. Being knowledgeable about recent changes or challenges in the industry will demonstrate your commitment and expertise.

✨Tip Number 4

Prepare to discuss real-life scenarios where you've assessed risks or made decisions based on incomplete information. This will showcase your analytical skills and ability to think critically under pressure.

We think you need these skills to ace Residential Insurance Underwriter

Risk Assessment
Attention to Detail
Knowledge of Property Law
Analytical Skills
Communication Skills
Decision-Making Skills
Negotiation Skills
Understanding of Title Insurance
Problem-Solving Skills
Time Management
Customer Service Orientation
Regulatory Knowledge
Team Collaboration
Adaptability

Some tips for your application 🫡

Understand the Role: Familiarise yourself with the responsibilities of a Residential Insurance Underwriter. Focus on understanding title insurance and legal indemnities, as well as the specific risks associated with property transactions.

Tailor Your CV: Highlight relevant experience in underwriting or risk assessment in your CV. Make sure to include any specific knowledge about residential title risks and property transactions that aligns with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention your understanding of the unique aspects of title insurance and how your skills can contribute to the team in Leeds.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for an Underwriter.

How to prepare for a job interview at IPS Group

✨Know Your Insurance Basics

Make sure you brush up on the fundamentals of residential insurance and title risks. Understanding key concepts like planning permissions and legal indemnities will show your interviewer that you're serious about the role.

✨Demonstrate Analytical Skills

As an Underwriter, you'll need to assess various risks. Be prepared to discuss examples from your past experiences where you've successfully analysed data or made decisions based on risk assessment.

✨Showcase Team Collaboration

This role is part of a collaborative team, so highlight any experiences where you've worked effectively with others. Discuss how you contribute to team success and how you handle differing opinions.

✨Prepare Questions About Future Opportunities

Since this position offers exposure to commercial deals in the future, prepare thoughtful questions about growth opportunities within the company. This shows your ambition and interest in long-term career development.

Residential Insurance Underwriter
IPS Group
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