At a Glance
- Tasks: Underwrite new business in Motor Trade and manage broker relationships.
- Company: Join an award-winning International Insurer with a strong market reputation.
- Benefits: Enjoy hybrid working, annual bonuses, generous holidays, and professional development support.
- Other info: Flexible working options and a commitment to investing in your career growth.
- Why this job: Take ownership of complex cases and make a real impact in the underwriting field.
- Qualifications: Experience in Motor Trade underwriting and strong relationship-building skills.
The predicted salary is between 49500 - 60500 £ per year.
IPS Group is partnering with an award-winning International Insurer to recruit a Senior Motor Trade Combined Underwriter to join its Southern Regional team. This is an amazing opportunity for an established Senior Underwriter looking to gain more experience. You will be joining an experienced Underwriting team focused on Motor Trade risks across the SME to mid-market space focusing on new business risks. Working closely with brokers across Southern regions you will need to be open to coming into regional offices when required across Bristol, Reading or Chelmsford.
Key Responsibilities:
- Underwriting new business Motor Trade Combined business.
- Developing and managing broker relationships across the region.
- Supporting portfolio growth through effective trading and retention activity.
- Taking ownership of complex underwriting cases and negotiations.
- Acting as a technical referral point for colleagues.
- Using market and broker insight to identify trends, risks and opportunities.
You will ideally have Motor Trade senior underwriting experience within an insurer, MGA or delegated authority broking background. The successful individual will have experience of motor trade combined business, knowledge of the broker market, strong relationship building and technical expertise.
Why Join?
This is an excellent opportunity to join an internationally recognised insurer with a strong reputation in the market and a genuine commitment to investing in underwriting talent.
You’ll benefit from:
- Hybrid and flexible working options
- Annual bonus and pay review
- Generous holiday entitlement
- Pension and wellbeing benefits
- Support towards professional qualifications
If you are looking for a role where you can manage broker relationships, take ownership of larger complex underwriting cases and underwrite motor trade commercial combined risks, please get in touch.
Senior Motor Trade Underwriter - New Business employer: IPS Group
Join a dynamic and supportive team at our well-established insurance brokerage, where your expertise as an Account Executive/Account Director will be valued and nurtured. We offer a collaborative work culture that prioritises professional development, providing you with opportunities to enhance your skills and advance your career in the thriving commercial insurance sector. Located in a vibrant area, our company also promotes a healthy work-life balance, ensuring that you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Motor Trade Underwriter - New Business
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like IPS Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like IPS Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Motor Trade Underwriter - New Business
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at IPS Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IPS Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at IPS Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IPS Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at IPS Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding IPS Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
