At a Glance
- Tasks: Deliver top-notch underwriting services and build strong relationships with brokers.
- Company: Dynamic insurance company focused on growth and collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Join a team where your skills can make a real difference in the motor trade sector.
- Qualifications: 5+ years in underwriting, with a focus on motor trade risks.
- Other info: Opportunity for career advancement in a fast-paced industry.
The predicted salary is between 36000 - 60000 £ per year.
To achieve income and profit objectives through the delivery of a high standard underwriting service to brokers in the network.
RESPONSIBILITIES
- Service existing business, working towards retention, loss ratio and rate targets
- Enhance the company presence nationally by establishing firm relationships with broking partners
- Handle referral cases above the authority levels of Underwriters, Trainee Underwriters and Apprentices
- Conduct regular case reviews to ensure that technical procedures and standards are followed
DAY-TO-DAY
- Work collaboratively with other parts of the company
- Display strong negotiation skills that aide conversion and relationships with brokers
- Maintain and enhance personal knowledge of relevant technical topics
EXPERIENCE
- Ideally you will hold experience in the Commercial insurance industry
- A minimum of 5 years of experience in underwriting
- 2 years of experience working within Motor trade risks
SKILLS
- Pricing of risk accordingly
- Ability to negotiate flexibly and appropriately
- Consistent achievement of goals
- Strong interpersonal skills
- Work in a structured and organised manner
If you have the relevant experience or know someone that does, please contact me now on 07393 536 954 or email us at admin@lawesgroup.co.uk
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Motor Trade Underwriter employer: Lawes Insurance Recruitment
Contact Detail:
Lawes Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Motor Trade Underwriter
✨Tip Number 1
Network like a pro! Reach out to your contacts in the commercial insurance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Brush up on your negotiation skills! Since this role involves strong negotiation with brokers, practice your pitch and be ready to showcase how you can build those relationships effectively.
✨Tip Number 3
Stay updated on industry trends! Make sure you’re clued up on the latest in motor trade risks and underwriting standards. This knowledge will not only boost your confidence but also impress potential employers.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to submit your application. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Motor Trade Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the commercial insurance industry and specifically in motor trade risks. We want to see how your skills align with our needs, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Motor Trade Underwriter role. Share specific examples of how you've met income and profit objectives in the past – we love a good story!
Show Off Your Negotiation Skills: Since strong negotiation skills are key for this role, make sure to mention any relevant experiences where you’ve successfully negotiated with brokers or handled complex cases. We want to know how you can help us build those firm relationships!
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 don’t miss out on any important updates. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Lawes Insurance Recruitment
✨Know Your Numbers
Before the interview, brush up on your understanding of key metrics in underwriting, such as loss ratios and retention rates. Being able to discuss these figures confidently will show that you’re not just familiar with the role but also understand the business's financial objectives.
✨Build Rapport with Brokers
Since the role involves establishing relationships with broking partners, think about how you can demonstrate your interpersonal skills. Prepare examples of how you've successfully built relationships in the past, and be ready to discuss your negotiation strategies.
✨Stay Updated on Industry Trends
Make sure you’re up-to-date with the latest developments in the commercial insurance and motor trade sectors. This knowledge will not only impress your interviewers but also help you answer questions about how you would handle specific underwriting scenarios.
✨Prepare for Technical Questions
Expect to face technical questions related to underwriting procedures and standards. Review your past experiences and be ready to discuss how you’ve handled complex cases or referrals, showcasing your problem-solving skills and adherence to technical guidelines.