At a Glance
- Tasks: Lead the development of innovative underwriting strategies in a dynamic insurance environment.
- Company: Join MRWIS Limited, a forward-thinking leader in Structural Warranty Insurance.
- Benefits: Enjoy competitive pay, flexible working, and comprehensive benefits including gym membership.
- Why this job: Shape the future of construction insurance while building and leading a high-performing team.
- Qualifications: 10+ years in underwriting with strong leadership and strategic vision.
- Other info: Be part of a collaborative culture that values innovation and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
MRWIS Limited, a division of Marley Risk Consultants Limited, is at the forefront of innovation in the Structural Warranty Insurance sector. We are seeking an experienced and visionary underwriter to shape and steer the underwriting discipline of a new line of business within the latent defect insurance sector.
This role offers an opportunity to play a part in building something from the ground up. As our Senior Underwriter, you will manage the continued development of the underwriting function, design strategies, establish processes, and recruit a team of underwriting support officers.
Join us in shaping the future of construction insurance. The UK construction industry is embracing new technologies and sustainable practices, and as a Senior Underwriter at MRWIS, you will be at the forefront of this evolution.
Key Responsibilities:- Strategic Development: Continued development of the underwriting function, focused on Structural Warranty Insurance, aligning with our growth objectives and market opportunities.
- Team Building: Recruit, mentor, and lead a team of underwriting support officers, fostering a culture of excellence, collaboration, and continuous improvement.
- Underwriting Leadership: Develop underwriting guidelines, risk assessment models, and pricing strategies to ensure a competitive edge and profitability.
- Market Expansion: Identify and pursue new market segments, forging strong relationships with brokers, developers, and industry stakeholders to expand our reach.
- Influence Industry Standards: Engage with industry bodies and contribute to shaping the future of construction insurance regulations.
- Drive Innovation: Collaborate on projects that integrate cutting-edge technologies like AI risk assessment tools and predictive analytics.
- Regulatory Compliance: Ensure all underwriting activities comply with industry regulations, legal standards, and company policies.
- Performance Monitoring: Establish KPIs and performance metrics, regularly reviewing portfolio performance and adjusting strategies as needed.
- Cross-Functional Collaboration: Work closely with other departments such as Claims, Finance, and Business Development, to ensure cohesive operations and strategic alignment.
- Educational Background: Bachelor’s degree in Finance, Business, Risk Management, or a related field. Advanced qualifications (e.g. ACII) are highly desirable.
- Experience: Minimum of 10 years’ experience in a similar underwriting role, with demonstrable experience in developing new lines of business within Structural Warranty Insurance or related sectors.
- Leadership Acumen: Proven track record in building and leading high-performing teams, with strong mentorship and motivational skills.
- Strategic Vision: Exceptional ability to develop and execute business strategies that drive growth, profitability, and innovation.
- Technical Expertise: Deep understanding of underwriting principles, risk evaluation, and pricing models, with proficiency in advanced underwriting software and analytics tools.
- Industry Insight: In-depth knowledge of UK construction practices, insurance regulations, and emerging trends affecting Structural Warranty Insurance.
- Communication Skills: Outstanding interpersonal and negotiation abilities, capable of influencing senior stakeholders and representing the company at industry events.
- Innovative Mindset: A forward-thinker who embraces change, with the ability to anticipate industry shifts and adapt accordingly.
- Competitive Compensation: An attractive salary package with generous performance-based bonuses and incentives.
- Professional Development: Access to ongoing training, industry conferences, and professional development resources.
- Collaborative Culture: Join a team that values innovation, collaboration, and a shared passion for excellence.
- Flexible Working: Supportive of work-life balance with options for flexible working arrangements.
- Generous company pension.
- Company mobile phone.
- Tools/equipment required for the performance of company duties.
- Cycle to work scheme.
- Tech Scheme.
- Life Insurance.
- Private Medical Insurance.
- Free on-site parking (where available).
- EV charging points (where available).
- Employee Assistance Programme.
- Gym Membership.
Senior Underwriter employer: Marley Risk Consultants Limited
Contact Detail:
Marley Risk Consultants Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching MRWIS and the construction insurance sector. We want to see your passion for innovation and how you can contribute to our exciting new venture in latent defect insurance.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss your experience in building and mentoring teams. We’re looking for someone who can inspire others and drive a culture of excellence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that align with the Senior Underwriter role. Highlight your leadership experience and any innovative projects you've been involved in, as we love to see how you can contribute to our growth.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the construction insurance sector and how your strategic vision can help shape our new line of business. Be genuine and let your personality come through.
Showcase Your Industry Knowledge: We want to see that you understand the UK construction practices and emerging trends in Structural Warranty Insurance. Mention any relevant experiences or insights that demonstrate your expertise and how you can influence industry standards.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Marley Risk Consultants Limited
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting principles, especially those related to Structural Warranty Insurance. Be prepared to discuss your experience in developing new lines of business and how you've successfully navigated challenges in the past.
✨Showcase Your Leadership Skills
As a Senior Underwriter, you'll be expected to lead a team. Think of examples where you've built or mentored teams before. Highlight your leadership style and how you foster collaboration and excellence within your team.
✨Demonstrate Strategic Thinking
Prepare to discuss your strategic vision for the underwriting function. Think about how you would align underwriting practices with market opportunities and growth objectives. Be ready to share innovative ideas that could drive the business forward.
✨Engage with Industry Trends
Stay updated on the latest trends in construction insurance and emerging technologies like AI and predictive analytics. Be ready to discuss how these innovations can be integrated into underwriting practices and how they can benefit MRWIS in the long run.