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- Tasks: Join our team to source and secure new commercial business opportunities.
- Company: Work with one of the top 10 insurers in a dynamic environment.
- Benefits: Enjoy a competitive salary of £70,000 and hybrid work options.
- Why this job: Be part of a growing team and make a real impact in the insurance industry.
- Qualifications: Previous experience in commercial insurance and strong broker relationship skills required.
- Other info: Proficiency in underwriting systems and CRM tools is a plus.
The predicted salary is between 42000 - 98000 £ per year.
Job title: Senior New Business Commercial Underwriter
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 New Business Commercial Underwriter. This role sits within their New Business team to help contribute to their growing success.
In this role you will be responsible for sourcing and securing new commercial business opportunities. Your role will involve building strong relationships with brokers, assessing risks, and contributing to the growth of the company by securing profitable business deals.
RESPONSIBILITIES
- Identify and pursue new business opportunities to grow the commercial portfolio.
- Develop and maintain relationships with brokers and clients to drive business growth.
- Assist in the underwriting process by gathering relevant information and analysing risk.
- Present competitive insurance solutions to clients and negotiate terms.
- Work closely with the underwriting team to ensure smooth processing of new business.
- Stay updated on market trends and competitor offerings to identify growth opportunities.
- Provide excellent customer service to brokers and clients, addressing their needs and concerns.
EXPERIENCE
- Previous experience in a commercial insurance role, ideally in new business development.
- Strong understanding of commercial insurance products and market dynamics.
- Experience in building and maintaining broker relationships.
SKILLS
- Excellent communication and negotiation skills to effectively engage with brokers and clients.
- Strong analytical abilities to assess risks and opportunities.
- Proactive and results-driven with a focus on achieving new business targets.
- Ability to manage multiple tasks and prioritize effectively.
- Proficiency in using underwriting systems and CRM tools.
If you have the relevant experience or know someone that does please contact me now on 07458162 853 or email us at
#J-18808-Ljbffr
Senior New Business Commercial Underwriter employer: Lawes Insurance Recruitment
Contact Detail:
Lawes Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior New Business Commercial Underwriter
✨Tip Number 1
Network actively within the insurance industry, especially with brokers and clients. Attend industry events and seminars to meet potential contacts who can help you in your new business development efforts.
✨Tip Number 2
Stay informed about the latest trends in commercial insurance and competitor offerings. This knowledge will not only help you identify new business opportunities but also position you as a knowledgeable partner to brokers and clients.
✨Tip Number 3
Demonstrate your analytical skills by preparing case studies or examples of how you've successfully assessed risks and secured profitable deals in the past. This will showcase your expertise during interviews.
✨Tip Number 4
Prepare to discuss your approach to building and maintaining relationships with brokers. Highlight specific strategies you've used to foster these connections and how they have contributed to your previous successes.
We think you need these skills to ace Senior New Business Commercial Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your previous experience in commercial insurance and new business development. Emphasize your skills in building broker relationships and your understanding of market dynamics.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific examples of how you've successfully sourced new business opportunities and negotiated terms in the past.
Highlight Relevant Skills: In your application, clearly outline your communication and negotiation skills. Provide examples of how you've used these skills to engage with brokers and clients effectively.
Research the Company: Before submitting your application, research the company to understand their values and recent developments. This will help you tailor your application and demonstrate your genuine interest in contributing to their growth.
How to prepare for a job interview at Lawes Insurance Recruitment
✨Know Your Insurance Products
Make sure you have a solid understanding of commercial insurance products. Be prepared to discuss how these products can meet the needs of potential clients and brokers.
✨Build Rapport with Brokers
Since building relationships is key in this role, think of ways to demonstrate your relationship-building skills during the interview. Share examples of how you've successfully engaged with brokers in the past.
✨Showcase Your Analytical Skills
Be ready to discuss your analytical abilities. Prepare to explain how you assess risks and opportunities, and provide examples of how your analysis has led to successful business outcomes.
✨Stay Updated on Market Trends
Research current market trends and competitor offerings before the interview. Being knowledgeable about the industry will show your commitment and help you identify growth opportunities during discussions.
