At a Glance
- Tasks: Manage a portfolio of new business and renewal cases in motor underwriting.
- Company: Join a leading insurer with a growing National Underwriting Hub.
- Benefits: Competitive salary up to £40,000 and flexible working arrangements.
- Other info: Dynamic role with opportunities for professional growth and market insights.
- Why this job: Develop your technical expertise while making impactful underwriting decisions.
- Qualifications: 2 years of Motor Trade underwriting experience and strong negotiation skills.
The predicted salary is between 40000 - 50000 £ per year.
Location – Colchester. 3 days per week
Salary – Up to £40,000
IPS Group are working with a leading insurer to find a Motor Underwriter to join their growing National Underwriting Hub! This is the perfect opportunity for someone with a couple of years of exposure to Motor Trade underwriting that has full Underwriting Authority and wants to further develop their technical expertise with a leading Insurer.
About the role
- You’ll be responsible for managing a portfolio of new business and renewal cases, delivering profitable underwriting decisions in line with company appetite and guidelines.
- You’ll work closely with brokers and internal teams to drive growth and maintain strong trading relationships.
- Keep up to date with relevant market trends and insights.
- Be on hand to support colleagues with any questions.
About you
- Ideally 2 years of Motor Trade underwriting experience (Commercial lines preferred).
- Strong negotiation and broker relationship skills.
- Commercial awareness with the ability to assess and price risk effectively.
- Organised, proactive and able to manage a varied caseload.
- Working towards Cert CII (desirable).
- Full Underwriting Authority.
Motor Underwriter in Colchester employer: Ips-Regional
Join a leading insurer in Chelmsford as a Senior Delegated Authority Underwriter, where you will thrive in a dynamic work culture that values innovation and collaboration. With a competitive salary and comprehensive benefits package, this role offers significant opportunities for professional growth and development, allowing you to shape underwriting strategies and drive performance in a supportive environment. Experience the unique advantage of working in a hybrid model, balancing flexibility with the chance to engage directly with a passionate team dedicated to excellence in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Motor Underwriter in Colchester
✨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-Regional). 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-Regional. 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 Motor Underwriter in Colchester
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-Regional.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ips-Regional. 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-Regional
✨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-Regional 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-Regional, 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-Regional'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.
