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For Companies At a Glance
- Tasks: Manage relationships with clients and brokers while renewing commercial policies.
- Company: Join one of the top 10 insurers in a growing team.
- Benefits: Enjoy a competitive salary and hybrid work options.
- Why this job: Be part of a successful team and make a real impact in client retention.
- Qualifications: Experience in commercial insurance and strong relationship-building skills required.
- Other info: Opportunity to identify growth within existing business and collaborate with a dynamic underwriting team.
The predicted salary is between 42000 - 84000 £ per year.
Job title: Senior Existing Business Underwriter – Commercial
Salary: £70,000 per annum
Location: London – Hybrid
PURPOSE OF ROLE
Lawes Insurance Recruitment are currently working with one of the top 10 insurers who, due to expansion, are recruiting for a Senior Existing Business Commercial Underwriter. This role sits within their Existing Business team to help contribute to their growing success.
In this role, you will be responsible for sourcing, securing, and dealing with existing business.
RESPONSIBILITIES
- Manage and develop relationships with existing clients and brokers to ensure long-term business retention.
- Review and renew commercial policies, ensuring alignment with client needs and market conditions.
- Identify opportunities for upselling or cross-selling additional products and services to existing clients.
- Collaborate with the underwriting team to ensure smooth renewals and amendments to policies.
- Provide ongoing support to clients and brokers, addressing any queries or issues promptly.
- Monitor market trends and competitor offerings to stay ahead and offer the best solutions.
- Assist in the preparation of renewal terms and presentations for clients and brokers.
EXPERIENCE
- Experience in commercial insurance, particularly in managing existing client relationships.
- Familiarity with commercial insurance products, renewals, and policy management.
- Proven track record of client retention and service excellence.
SKILLS
- Excellent relationship-building and communication skills with clients and brokers.
- Strong organisational and time-management skills to manage a portfolio effectively.
- Ability to identify growth opportunities within an existing book of business.
- Good understanding of underwriting principles and policy renewal processes.
- Proficient in using CRM systems and other relevant software tools.
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Senior Commercial Existing Business Underwriter employer: Lawes Insurance Recruitment
Contact Detail:
Lawes Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Commercial Existing Business Underwriter
✨Tip Number 1
Make sure to highlight your experience in managing existing client relationships during networking events or informal meetups. Building rapport with industry professionals can lead to valuable connections and potential referrals.
✨Tip Number 2
Stay updated on the latest trends in commercial insurance and competitor offerings. This knowledge will not only help you in conversations but also demonstrate your commitment to the industry when discussing opportunities with potential employers.
✨Tip Number 3
Consider joining professional associations related to insurance underwriting. Engaging with these communities can provide insights into job openings and allow you to connect with others who may have leads on positions like the one at StudySmarter.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully retained clients and identified growth opportunities in previous roles. Being able to share these stories will set you apart during interviews and show your value to the team.
We think you need these skills to ace Senior Commercial Existing Business Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in commercial insurance and managing existing client relationships. Use specific examples that demonstrate your success in client retention and service excellence.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your familiarity with commercial insurance products and your ability to identify growth opportunities within an existing book of business.
Highlight Relevant Skills: In your application, emphasize your excellent relationship-building and communication skills. Provide examples of how you've effectively managed portfolios and collaborated with teams in previous roles.
Showcase Market Awareness: Demonstrate your knowledge of market trends and competitor offerings in your application. This will show that you are proactive and can offer valuable insights to the underwriting team.
How to prepare for a job interview at Lawes Insurance Recruitment
✨Showcase Your Relationship-Building Skills
Since the role emphasizes managing and developing relationships with clients and brokers, be prepared to share specific examples of how you've successfully built and maintained these relationships in your previous roles.
✨Demonstrate Your Knowledge of Commercial Insurance
Familiarize yourself with various commercial insurance products and renewal processes. Be ready to discuss how you have navigated these in past positions, as this will show your expertise and readiness for the role.
✨Highlight Your Client Retention Success
Prepare to discuss your track record in client retention and service excellence. Use metrics or specific achievements to illustrate how you've contributed to long-term business retention in your previous roles.
✨Stay Informed About Market Trends
Research current market trends and competitor offerings in the insurance industry. Being able to discuss these insights during your interview will demonstrate your proactive approach and understanding of the market landscape.
