At a Glance
- Tasks: Underwrite product recall solutions and manage relationships with brokers and clients.
- Company: Join Starr, a global leader in insurance and investment solutions.
- Benefits: Inclusive culture, first-class training, and opportunities for career growth.
- Other info: Be part of a passionate team dedicated to innovation and excellence.
- Why this job: Make an impact in crisis management while developing your skills in a dynamic environment.
- Qualifications: Proven underwriting experience and strong communication skills required.
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. 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 offers 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 employer: IQUW
Starr is an exceptional employer, offering a dynamic work environment where talented individuals can thrive in the fast-paced world of crisis management underwriting. With a strong commitment to employee development and a culture that values innovation and inclusivity, Starr provides first-class training opportunities and encourages personal growth. Join us in our global headquarters, where you will be part of a passionate team dedicated to delivering top-notch insurance solutions while building meaningful relationships with clients and brokers alike.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Crisis Management
✨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
Show off your skills in interviews! Prepare examples of how you've successfully managed risks or developed business in the past. This is your chance to shine and demonstrate your analytical approach.
✨Tip Number 3
Research, research, research! Know Starr’s products and the Crisis Management market inside out. This will help you engage in meaningful conversations and show that you’re 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 noticed. Plus, it shows you’re keen on joining our talented team at Starr.
We think you need these skills to ace Underwriter, Crisis Management
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 what we’re looking for!
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 ensures you don’t miss any important updates from our team!
How to prepare for a job interview at IQUW
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the Crisis Management sector. Be prepared to discuss specific cases or scenarios where you've successfully managed risks and how you approached them. This will show that you not only understand the theory but can apply it practically.
✨Build Rapport with Brokers
Since relationship management is key for this role, think about how you can demonstrate your ability to build strong connections. Prepare examples of how you've developed relationships with brokers or clients in the past, and be ready to discuss your approach to maintaining those relationships.
✨Showcase Your Analytical Skills
The role requires a detailed and analytical approach, so come prepared with examples that highlight your analytical skills. You might want to discuss how you've assessed exposure or made decisions based on data in previous roles. This will help illustrate your capability to thrive in a business development environment.
✨Prepare Questions That Matter
Interviews are a two-way street, so prepare thoughtful questions that show your interest in Starr and the Crisis Management team. Ask about their current challenges or future goals in the product recall market. This not only demonstrates your enthusiasm but also gives you insight into how you can contribute to their success.
