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: Earn up to £80,000 plus a 20% bonus, with excellent medical and pension benefits.
- Other info: Be part of a growing team with opportunities for mentorship and career advancement.
- Why this job: Make a real impact in a senior role with high visibility and influence on strategy.
- 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 Yorkshire employer: IPS Group
IPS Group is renowned for its supportive and dynamic work environment, 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 company offers competitive salaries, generous bonuses, and a comprehensive benefits package, all within vibrant locations like Birmingham, Manchester, or Leeds, ensuring a fulfilling and rewarding career path.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Construction Underwriter - New Business in Yorkshire
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in construction underwriting. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their underwriting strategies and recent projects. We want you to walk in feeling confident and ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! You’ll need to clearly communicate your value and how you can drive new business. We suggest rehearsing answers to common interview questions and preparing examples of your past successes in managing broker relationships and underwriting complex risks.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We recommend mentioning something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Senior Construction Underwriter - New Business in Yorkshire
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 our £25M portfolio.
Showcase Your Technical Skills:Don’t forget to highlight your technical expertise in underwriting complex risks. We want to see how you can act as a referral point for junior underwriters and provide guidance across teams.
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 get you on the path to joining our dynamic team!
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 help you answer technical questions confidently and show that you're genuinely interested in the role.
✨Build Rapport with Brokers
Since relationship management is crucial for this position, think about how you can demonstrate your ability to build strong connections. Prepare examples from your past experiences where you've successfully managed broker relationships or converted new business opportunities.
✨Showcase Your Strategic Thinking
This role involves contributing to underwriting strategy and portfolio development. Be ready to discuss your approach to evaluating facilities and schemes. Think of innovative ideas you could bring to the table and how you would support the growth initiatives of the company.
✨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the company's growth plans, team dynamics, and how they measure success in this role. This not only shows your interest but also helps you gauge if the company is the right fit for you.
