At a Glance
- Tasks: Manage your own portfolio in P&I insurance, focusing on Mutual, Fixed, and Charterers.
- Company: Join a dynamic insurance group known for its expertise in marine insurance.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Other info: This is a unique opportunity to specialise in a growing sector of the insurance industry.
- Why this job: Be part of a supportive team that values innovation and offers a chance to make an impact.
- Qualifications: Experience in underwriting or broking with a solid P&I background is essential.
The predicted salary is between 43200 - 72000 £ per year.
This is a new opportunity for an experienced P&I professional to join this insurance group as a specialist underwriter. Experience from both underwriting or broking will be considered, you should just have an established P&I background - across the following areas; Mutual, Fixed and Charterers P&I and FD&D, and Yacht. You will oversee the management of your own portfolio of business across UK and ...
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - P&I in London
✨Tip Number 1
Network with professionals in the P&I sector. Attend industry events, webinars, or local meetups to connect with others who work in underwriting or broking. Building relationships can lead to valuable insights and potential job referrals.
✨Tip Number 2
Stay updated on the latest trends and regulations in the P&I insurance market. Follow relevant news sources and join online forums to engage in discussions. This knowledge will not only help you during interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Consider reaching out to current or former employees of our company. They can provide insider information about the company culture and expectations for the Underwriter role. This can give you a competitive edge when preparing for interviews.
✨Tip Number 4
Prepare specific examples from your past experience that highlight your skills in managing portfolios and understanding P&I products. Being able to discuss your achievements and how they relate to the role will make you stand out as a candidate.
We think you need these skills to ace Underwriter - P&I in London
Some tips for your application 🫡
Understand the Role:Familiarise yourself with the specific requirements of the Underwriter - P&I position. Highlight your experience in Mutual, Fixed and Charterers P&I, FD&D, and Yacht insurance in your application.
Tailor Your CV:Make sure your CV reflects your relevant experience in underwriting or broking. Emphasise your established P&I background and any specific achievements that demonstrate your expertise in managing portfolios.
Craft a Compelling Cover Letter:Write a cover letter that connects your skills and experiences directly to the job description. Use specific examples from your past roles to illustrate how you can contribute to the company’s success.
Proofread Your Application:Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application shows attention to detail, which is crucial in the underwriting field.
How to prepare for a job interview at IPS Group
✨Know Your P&I Fundamentals
Make sure you have a solid understanding of the principles of Protection and Indemnity (P&I) insurance. Be prepared to discuss your experience with Mutual, Fixed, and Charterers P&I, as well as FD&D and Yacht insurance. This will show your depth of knowledge and expertise in the field.
✨Showcase Your Portfolio Management Skills
Since the role involves managing your own portfolio, be ready to share specific examples of how you've successfully managed portfolios in the past. Highlight any strategies you've used to grow business or mitigate risks, as this will demonstrate your capability in handling responsibilities.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your decision-making skills in underwriting situations. Think about past challenges you've faced and how you resolved them. This will help interviewers gauge your problem-solving abilities and your approach to risk assessment.
✨Research the Company and Its Culture
Familiarise yourself with the insurance group’s values, mission, and recent developments. Understanding their culture will allow you to tailor your responses and show how you align with their goals, making you a more attractive candidate.
