At a Glance
- Tasks: Underwrite product recall solutions and manage relationships with brokers and clients.
- Company: Join Starr, a fast-growing global insurance organisation with a dynamic culture.
- Benefits: Inclusive environment, first-class training, and opportunities for personal growth.
- Other info: Embrace a role that values innovation, resilience, and strategic thinking.
- Why this job: Make an impact in crisis management while developing your skills in a supportive team.
- Qualifications: Proven underwriting experience and strong communication skills are essential.
The predicted salary is between 50000 - 70000 £ per year.
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace.
Our Crisis Management team offer product recall solutions for a broad spectrum of product manufacturers including product contamination, auto and component recall liability, consumer goods recall, and others. Business is written on a global basis with primary focus on the USA.
The key to success within this role will be a highly detailed and analytical underwriting approach, impactful relationship management and unparalleled sales skills. This is in addition to excellent organisational skills and the ability to think ahead and use initiative. You will need to thrive in a business development role and be able to demonstrate a skill for working with senior brokers/clients. You will need to take ownership of relationships and be confident these lead to profitable business.
Key Responsibilities- Primarily underwrite the Product Recall section of the Crisis Management portfolio.
- Work closely with the Lead Underwriter to deliver the underwriting strategy for your class of business.
- Drive underwriting excellence across the Crisis Management book by ensuring adherence to risk appetite, lines setting, standards and guidelines, rating, and pricing adequacy.
- Ensure high quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.
- Provide a compelling and knowledgeable service offering to brokers and clients, making Starr a go‑to Market for Crisis Management business.
- Lead and develop close relationships with our partner brokers.
- Cultivate business development initiatives to grow the portfolio profitably, where desired.
- Own the development of our underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.
- A proven track record of profitable underwriting or broking performance.
- An excellent Market reputation in the Product Recall market.
- Meaningful Broker and Client relationships and the ability to develop business from a variety of sources.
- Excellent communication skills, and the ability to deal comfortably with different types of people at all levels of seniority.
- Demonstrable experience of managing risks appropriately, applying judgement and being prepared to own and take responsibility for your decisions.
- Experience in the use (and ideally the development) of online trading portals and/or other automated placement systems.
- Analysis and decision making
- Innovation and problem solving
- Strategic perspective
- Commerciality
- Communication and influence
- Resilience and adaptability
Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Underwriter, Crisis Management in London employer: IQUW
Starr is an exceptional employer that fosters a dynamic and inclusive work culture, offering first-class training and development opportunities for its employees. As part of the Crisis Management team, you will engage in meaningful work that directly impacts businesses globally, while enjoying the benefits of a supportive environment that encourages professional growth and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Crisis Management in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and how your skills can contribute to their success, especially in Crisis Management. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of an Underwriter in Crisis Management. Highlight your analytical skills and relationship management abilities to make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our talented team at Starr.
We think you need these skills to ace Underwriter, Crisis Management in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role in Crisis Management. Highlight your experience in underwriting or broking, especially in product recall. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your analytical approach and relationship management skills. Let us know why you’re passionate about joining Starr and how you can contribute to our team.
Showcase Your Achievements:Don’t just list your responsibilities; highlight your achievements! Whether it’s profitable underwriting or successful business development initiatives, we want to see how you’ve made an impact in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and keep track of all the amazing talent out there!
How to prepare for a job interview at IQUW
✨Know Your Stuff
Make sure you understand the ins and outs of crisis management and product recall insurance. Brush up on recent trends, case studies, and Starr's specific offerings. This will not only show your enthusiasm but also help you engage in meaningful conversations during the interview.
✨Build Relationships
Since this role involves impactful relationship management, think about how you can demonstrate your ability to build rapport. Prepare examples from your past experiences where you've successfully managed client or broker relationships, showcasing your communication skills and strategic thinking.
✨Show Your Analytical Side
As an underwriter, a detailed and analytical approach is key. Be ready to discuss how you assess risks and make decisions. Bring along examples of how you've used data to inform your underwriting or broking performance, and be prepared to talk through your thought process.
✨Be Proactive
Starr values initiative, so come prepared with ideas on how you could contribute to business development initiatives. Think about potential strategies for growing the portfolio profitably and be ready to share your thoughts on how to enhance Starr's market position in crisis management.
