At a Glance
- Tasks: Underwrite SME Property policies and support brokers with enquiries.
- Company: Leading independent MGA combining traditional values with modern tech.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Great opportunity for career growth in a collaborative setting.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 2+ years in insurance, experience with SME Property, and CERT CII qualified.
The predicted salary is between 30000 - 40000 £ per year.
We are seeking an experienced Assistant Underwriter to join our clients dedicated Property team. As one of the UKs leading independent MGAs, they combine traditional values with modern technology resulting in exceptional service to broker partners. In this key role you will support brokers with new business enquiries and underwriting SME Property package policies.
Key Responsibilities
- Underwrite SME Property package policies within authority levels
- Provide professional support to brokers and deliver excellent customer service
- Assess risks, identify hazards, and determine appropriate terms and pricing
- Build and maintain strong broker relationships
- Support wider team and business development initiatives
- Ensure compliance with underwriting and regulatory requirements
About You
- Minimum 2 years experience within the insurance industry
- Experience with SME Property package policies
- Strong understanding of underwriting processes and the UK insurance market
- CERT CII qualified (DIP CII desirable)
- Excellent communication, organisation, and analytical skills
- Team-oriented with a proactive, professional approach
Assistant Underwriter, UK Property employer: IPS
Join a leading independent MGA that values both tradition and innovation, offering a dynamic work environment in the heart of the UK insurance market. With a strong focus on professional development, you will have access to ongoing training and growth opportunities while working alongside a dedicated team that prioritises exceptional service and strong broker relationships. Enjoy a collaborative culture that encourages proactive contributions and rewards excellence, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter, UK Property
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with property underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SME Property package policies. We want you to showcase your expertise and confidence when discussing risk assessment and pricing strategies.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for a smoother process! We’ve made it easy for you to submit your application and get noticed. Plus, it shows you’re keen on joining our team!
We think you need these skills to ace Assistant Underwriter, UK Property
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Underwriter role. Highlight your experience with SME Property package policies and any relevant qualifications like CERT CII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how you can support brokers effectively. We love seeing enthusiasm and a personal touch, so let your personality come through.
Showcase Your Communication Skills:Since this role involves building strong relationships with brokers, make sure to demonstrate your excellent communication skills in your application. Whether it's through your CV or cover letter, we want to see how you connect with others.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at IPS
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of SME Property package policies and the underwriting processes. Be ready to discuss specific examples from your experience that demonstrate your understanding of risk assessment and pricing strategies.
✨Show Off Your Broker Relationship Skills
Since building strong relationships with brokers is key, think of instances where you've successfully supported brokers in the past. Prepare to share how you’ve delivered excellent customer service and maintained those relationships over time.
✨Be Ready for Compliance Questions
Understand the regulatory requirements related to underwriting in the UK insurance market. Expect questions about compliance and be prepared to explain how you ensure adherence to these standards in your work.
✨Demonstrate Team Spirit
This role requires a team-oriented approach, so be ready to talk about how you’ve collaborated with colleagues in previous roles. Highlight any initiatives you’ve been part of that contributed to business development or team success.
