At a Glance
- Tasks: Lead the launch of a global Terrorism portfolio and shape underwriting strategy.
- Company: Newly established Lloyd’s syndicate with an entrepreneurial spirit.
- Benefits: Full autonomy, competitive salary, and opportunity for career advancement.
- Other info: Dynamic role with potential for significant impact and growth.
- Why this job: Be at the forefront of a unique opportunity in the insurance industry.
- Qualifications: Experienced Terrorism Underwriter ready for portfolio ownership.
The predicted salary is between 60750 - 74250 £ per year.
This is a rare, entrepreneurial opportunity for an ambitious, established Terrorism Underwriter to spearhead the launch and build-out of a global Terrorism portfolio within a newly established Lloyd’s syndicate. Reporting directly to the Deputy Chief Underwriting Officer, you will have full autonomy to shape the underwriting strategy, establish technical pricing framework standards, and drive broker distribution from the ground up. This role is ideally suited for a high-performing senior underwriter or designated 'number two' who has reached a career ceiling in their current division and is ready to transition into full portfolio ownership.
Key Responsibilities
- Portfolio Strategy & Execution: Lead the design, planning, and execution of a profitable global Terrorism and Political Violence underwriting strategy in line with the syndicate’s risk appetite.
- Underwriting Excellence: Underwrite a broad spectrum of risks, including standalone Terrorism, Sabotage, Strikes, Riots, Civil Commotion (SRCC), and select Political Violence specialties.
- Performance Management: Monitor portfolio performance, aggregations, and technical underwriting metrics, working in close partnership with the Deputy CUO to ensure long-term profitability.
- Broker & Distribution Management: Leverage existing market relationships and proactively develop new broker distribution channels to secure high-quality global flow.
- Governance & Wording: Oversee the development of robust policy wordings, underwriting guidelines, and peer-review processes to ensure strict adherence to Lloyd’s minimum standards.
Class Underwriter - Terrorism in Slough 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 Class Underwriter - Terrorism in Slough
✨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 Class Underwriter - Terrorism in Slough
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.
