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- Tasks: Join our team to assess and underwrite residential title risks daily.
- Company: We're a growing company in Leeds, specialising in title insurance and legal indemnities.
- Benefits: Enjoy flexible working options and a collaborative team environment.
- Why this job: This role offers unique exposure to diverse property transactions and future commercial deals.
- Qualifications: No prior experience needed; just a keen interest in property and risk assessment.
- Other info: Perfect for high school and college students looking to kickstart their career in insurance.
The predicted salary is between 30000 - 42000 £ 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
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 the role involves. Understanding common issues like missing planning permissions or legal indemnities will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the insurance and property sectors. Attend industry events or join relevant online forums to connect with current underwriters and gain insights into the role and company culture at StudySmarter.
✨Tip Number 3
Stay updated on the latest trends and regulations in the insurance industry, particularly those affecting residential properties. This will not only enhance your understanding but also show your commitment to the field during discussions with our team.
✨Tip Number 4
Prepare thoughtful questions about the underwriting process and the types of cases you might encounter. This shows your genuine interest in the role and helps you engage more effectively with the interviewers at StudySmarter.
We think you need these skills to ace Residential Insurance Underwriter
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Residential Insurance Underwriter. Highlight your understanding of title insurance and legal indemnities in your application to show you’re a good fit for the team.
Tailor Your CV: Make sure your CV reflects relevant experience in underwriting or risk assessment. Include specific examples of how you've successfully managed similar responsibilities in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for joining a collaborative team. Mention your interest in both residential and commercial deals to demonstrate your versatility.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, as attention to detail is crucial in underwriting roles.
How to prepare for a job interview at IPS Group
✨Understand the Role
Make sure you have a solid grasp of what a Residential Insurance Underwriter does. Familiarise yourself with title insurance and legal indemnities, as well as the specific risks associated with property transactions. This knowledge will help you answer questions confidently.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific underwriting scenarios. Think about potential risks related to missing planning permissions or other common issues in residential transactions. Prepare examples from your past experience that demonstrate your problem-solving skills.
✨Show Your Collaborative Spirit
Since the team is described as collaborative, be ready to discuss how you work with others. Share examples of successful teamwork in your previous roles, highlighting your communication skills and ability to contribute positively to a team environment.
✨Ask Insightful Questions
At the end of the interview, take the opportunity to ask questions that show your interest in the role and the company. Inquire about the team dynamics, future projects, or how they assess risk in unique situations. This demonstrates your enthusiasm and engagement.
