At a Glance
- Tasks: Underwrite construction risks and manage key broker relationships to drive new business.
- Company: Join a highly regarded global insurer known for its desirable workplace culture.
- Benefits: Competitive salary up to £80,000, bonus potential, private medical, dental, and excellent pension.
- Other info: Dynamic growth environment with opportunities for mentorship and strategic contributions.
- Why this job: Make a real impact in a high-profile role with direct exposure to senior leadership.
- Qualifications: Experience in construction underwriting; ideal for established or aspiring senior underwriters.
The predicted salary is between 80000 - 80000 £ per year.
The underwriting team at IPS Group Birmingham are supporting a highly regarded global Insurer often mentioned as one of the most desirable Insurers to work for in the market. They are looking to appoint a Senior Construction Underwriter in this new business focused role which can be based in either Birmingham, Manchester or Leeds.
This is a senior, high profile role with responsibility for driving new business, managing key broker relationships, and contributing to the growth of a £25M construction portfolio. You will be joining a team of experienced Construction Underwriters with high visibility and direct exposure to senior leadership, this role will offer real influence over underwriting strategy and portfolio development. You will be working across a varied and technically engaging mix of business including annual contractors policies and project specific construction risks. You will be a referral oversight for liability underwriters where construction elements require specialist input.
Key Responsibilities- Underwriting & Trading
- Underwrite construction risks across a multi-line portfolio
- Assess, price, and negotiate new business opportunities
- Manage a consistent flow of submissions via CRM systems
- Make timely, commercially sound underwriting decisions
- Broker Relationship Management
- Build and maintain strong relationships with brokers across the UK
- Drive engagement through regular calls and face-to-face meetings
- Clearly communicate underwriting appetite and capabilities
- Identify and convert new business opportunities
- Business Development
- Develop and manage your own pipeline of business
- Support the growth of open market trading activity
- Contribute to the expansion of facilities and schemes
- Technical Leadership
- Act as a referral point for complex risks
- Mentor and support junior underwriters
- Provide technical guidance across underwriting teams
- Strategic Contribution
- Contribute to evaluation of facilities, schemes, and tenders
- Support portfolio growth initiatives and innovation
To be considered you must have construction underwriting experience, this can either be an established Senior Underwriter looking for a new challenge or an Underwriter looking to step up into a senior role. This is a real stand out opportunity to join an Insurer who offers something a little different to the average composite. They are in serious growth mode and are doing things in the right way. You will be rewarded with a base salary up to £80,000 + a bonus of up to 20% and an excellent benefits package including private medical and dental and an excellent pension.
Senior Construction Underwriter - New Business in Warrington employer: IPS Group
IPS Group is renowned for its supportive and dynamic work culture, making it an exceptional employer for those in the insurance sector. With a focus on employee growth, you will have the opportunity to influence underwriting strategy while working alongside experienced professionals in a high-profile role. The Birmingham location offers a vibrant city atmosphere, complemented by a competitive salary package and comprehensive benefits, ensuring a rewarding career path for ambitious individuals.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Construction Underwriter - New Business in Warrington
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and construction sectors. A friendly chat can lead to opportunities that aren’t even advertised yet. Don’t be shy; people love to help if you ask!
✨Tip Number 2
Prepare for those interviews by researching the company and its culture. Understand their underwriting strategies and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate, but the right fit!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Senior Construction Underwriter - New Business in Warrington
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Construction Underwriter role. Highlight your relevant experience in construction underwriting and any key achievements that showcase your ability to drive new business and manage broker relationships.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your passion for construction underwriting and how you can contribute to the growth of the £25M portfolio.
Showcase Your Technical Skills:Don’t forget to highlight your technical expertise in underwriting and risk assessment. Mention any specific projects or complex risks you've handled, as this will demonstrate your capability to act as a referral point for junior underwriters.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on this fantastic opportunity!
How to prepare for a job interview at IPS Group
✨Know Your Stuff
Make sure you brush up on your construction underwriting knowledge. Understand the key risks and trends in the industry, as well as the specific types of policies you'll be dealing with. This will show that you're not just a candidate, but someone who genuinely understands the role.
✨Build Your Broker Relationship Strategy
Since this role involves managing broker relationships, think about how you would approach this. Prepare examples of how you've successfully built relationships in the past and be ready to discuss your strategies for engaging brokers effectively.
✨Showcase Your Technical Leadership
Be prepared to talk about your experience mentoring junior underwriters or leading teams. Highlight specific instances where your technical guidance made a difference. This will demonstrate your capability to contribute to the team's growth and development.
✨Prepare for Strategic Discussions
This role requires strategic input, so think about how you can contribute to portfolio growth initiatives. Have some ideas ready about evaluating facilities and schemes, and be prepared to discuss how you can drive innovation within the underwriting team.