Senior Development Underwriter - Technology
Senior Development Underwriter - Technology

Senior Development Underwriter - Technology

Full-Time 55000 - 65000 £ / year (est.) No home office possible
IPS Group

At a Glance

  • Tasks: Develop and grow a technology-focused portfolio while managing the full underwriting lifecycle.
  • Company: Join a specialist global insurer with a focus on innovation and technology.
  • Benefits: Competitive salary, flexible working locations, and opportunities for professional growth.
  • Other info: Collaborative environment with mentoring opportunities and strong broker relationships.
  • Why this job: Take ownership of a tech portfolio and make a real impact in the industry.
  • Qualifications: Experience in underwriting, especially in technology, cyber, or property risks.

The predicted salary is between 55000 - 65000 £ 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.

Senior Development Underwriter - Technology employer: IPS Group

As a leading global insurer, we pride ourselves on fostering a dynamic and inclusive work environment that encourages professional growth and innovation. Our Senior Development Underwriter role offers the chance to engage with cutting-edge technology risks while building strong relationships with brokers across the Midlands and the North. With a commitment to employee development, competitive benefits, and a collaborative culture, we provide an exceptional platform for those looking to make a meaningful impact in the insurance industry.
IPS Group

Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Development Underwriter - Technology

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals, especially brokers. Attend events, webinars, or even local meet-ups to build those relationships that can help you land that Senior Development Underwriter role.

✨Tip Number 2

Showcase 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.

✨Tip Number 3

Be proactive! Don’t just wait for job openings to pop up. Reach out to companies directly, especially those you admire. Let them know you’re interested in opportunities within their technology underwriting teams. You never know what might come up!

✨Tip Number 4

Utilise our website! We’ve got loads of resources and job listings tailored for roles like Senior Development Underwriter. Make sure to check it out regularly and apply through us to increase your chances of landing that dream job.

We think you need these skills to ace Senior Development Underwriter - Technology

Underwriting Skills
Technology Risk Assessment
Broker Relationship Management
New Business Development
Negotiation Skills
Portfolio Management
Cross-Selling Opportunities
Market Engagement
Team Leadership
Mentoring
Analytical Skills
Communication Skills
Problem-Solving Skills
Collaboration with Stakeholders

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. Familiarise yourself with key terms and concepts related to cyber risks, property & casualty, and professional indemnity. This will not only help you answer questions confidently but also show your genuine interest in the field.

✨Showcase Your Broker Relationship Skills

Since maintaining strong broker relationships is crucial for this role, be prepared to discuss your past experiences in building and nurturing these connections. Think of specific examples where you successfully negotiated terms or managed complex underwriting situations with brokers.

✨Demonstrate Your Business Development Acumen

Highlight your experience in new business development and how you've contributed to portfolio growth in previous roles. Be ready to share strategies you've used to drive conversion rates and manage the full underwriting lifecycle effectively.

✨Be a Team Player

As a senior underwriter, you'll be expected to mentor less experienced team members. Share examples of how you've collaborated with colleagues or provided guidance in the past. This will show that you're not just focused on individual success but also on the team's overall performance.

Senior Development Underwriter - Technology
IPS Group

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