At a Glance
- Tasks: You'll design and refine SME commercial products while ensuring compliance with regulations.
- Company: Join a growing insurer dedicated to innovation in the insurance sector.
- Benefits: Enjoy a competitive salary of Β£80,000 and opportunities for professional growth.
- Why this job: Be part of a dynamic team shaping the future of SME insurance products.
- Qualifications: Experience in underwriting and product development is essential.
- Other info: This role is based in Essex, perfect for those looking to make an impact.
The predicted salary is between 48000 - 112000 Β£ per year.
We're helping a growing insurer hire a Senior Commercial Product Development Underwriter to improve and update their SME products. The role focuses on underwriting, product design, and staying in line with regulations.
RESPONSIBILITIES
- Design and refine SME commercial products to align with regulations.
Senior Commercial Underwriter employer: Lawes Recruitment (UK) Limited
Contact Detail:
Lawes Recruitment (UK) Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Commercial Underwriter
β¨Tip Number 1
Familiarise yourself with the latest trends in SME insurance products. Understanding whatβs currently in demand and how regulations are evolving will give you an edge during interviews.
β¨Tip Number 2
Network with professionals in the insurance industry, especially those involved in product development. Engaging in conversations can provide insights into the role and may even lead to referrals.
β¨Tip Number 3
Prepare to discuss specific examples of your previous work in underwriting and product design. Highlighting your achievements and how they align with the responsibilities of this role will make a strong impression.
β¨Tip Number 4
Stay updated on regulatory changes affecting the insurance sector. Being knowledgeable about compliance will demonstrate your commitment to the role and your ability to navigate challenges.
We think you need these skills to ace Senior Commercial Underwriter
Some tips for your application π«‘
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Senior Commercial Product Development Underwriter position. Make sure you understand the focus on underwriting, product design, and regulatory compliance.
Tailor Your CV: Customise your CV to highlight relevant experience in underwriting and product development. Emphasise any previous roles where you've designed or refined commercial products, particularly for SMEs.
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 your skills align with the responsibilities outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting.
How to prepare for a job interview at Lawes Recruitment (UK) Limited
β¨Know Your Products
Familiarise yourself with the SME commercial products that the company offers. Be prepared to discuss how you would improve or update these products based on market trends and regulatory requirements.
β¨Understand Underwriting Principles
Brush up on your underwriting knowledge, especially in relation to commercial products. Be ready to explain your approach to risk assessment and how you ensure compliance with regulations.
β¨Showcase Your Design Skills
Prepare examples of past product designs you've worked on. Highlight your ability to innovate while ensuring that products meet both customer needs and regulatory standards.
β¨Ask Insightful Questions
Demonstrate your interest in the role by asking thoughtful questions about the company's current product offerings and future plans. This shows that you're not only interested in the position but also invested in the company's success.