At a Glance
- Tasks: Lead the development of innovative underwriting strategies in the construction insurance sector.
- Company: Join MRWIS Limited, a pioneering force in Structural Warranty Insurance.
- Benefits: Enjoy competitive pay, flexible working, and comprehensive benefits including gym membership and life insurance.
- Why this job: Shape the future of construction insurance while building and leading a dynamic 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.
Location: London/Cheltenham/Shrewsbury/Remote/Hybrid, United Kingdom
Company: MRWIS Limited, a division of Marley Risk Consultants Limited
About Us: Marley Risk Consultants is at the forefront of innovation in the Structural Warranty Insurance sector. As a dynamic Managing General Agent (MGA) based in the UK, MRWIS, a division of Marley Risk, specialises in crafting bespoke insurance solutions that empower the construction industry to reach new heights. We are embarking on an ambitious journey to develop a new line of business within the latent defect insurance sector.
Role Overview: This is more than a senior underwriting position; it is 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. You will be able to design strategies, establish processes, and recruit a team of underwriting support officers. If you are a strategic thinker with a passion for innovation and leadership, this role offers a platform to make a lasting impact.
Join Us in Shaping the Future of Construction Insurance: The UK construction industry is on the cusp of transformative change, embracing new technologies and sustainable practices. As a Senior Underwriter at MRWIS, you will be at the forefront of this evolution, playing a critical role in supporting innovative projects and safeguarding their success.
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.
- Innovation Integration: Incorporate cutting-edge technologies and methodologies into underwriting practices, staying ahead of industry trends and emerging risks.
- 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.
Qualifications and Experience:
- Educational Background: Bachelors 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.
What We Offer:
- 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.
- Comprehensive Benefits: 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 in Slough 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 in Slough
✨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 Senior Underwriter role.
✨Tip Number 2
Prepare for interviews by researching MRWIS and the latest trends in Structural Warranty Insurance. We want to see your passion for innovation and how you can contribute to our exciting new venture!
✨Tip Number 3
Showcase your leadership skills during interviews. Talk about your experience in building teams and developing strategies. We’re looking for someone who can inspire and lead a high-performing team of underwriting support officers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Underwriter in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in developing new lines of business and your leadership skills. We want to see how you can contribute to our innovative journey!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for the construction industry and how your strategic vision aligns with our goals at MRWIS. Let us know why you're the perfect fit for this exciting opportunity.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples that demonstrate your impact in previous roles, especially in underwriting and team leadership. We love seeing quantifiable results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Marley Risk Consultants Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of Structural Warranty Insurance and the latest trends in the construction industry. Familiarise yourself with MRWIS Limited's mission and recent projects, as this will show your genuine interest and help you connect your experience to their goals.
✨Showcase Your Leadership Skills
As a Senior Underwriter, you'll be expected to lead and mentor a team. Prepare examples from your past experiences where you've successfully built teams or led projects. Highlight your strategic thinking and how you've driven innovation in previous roles.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you've had to evaluate risks or develop underwriting guidelines. Be ready to discuss your thought process and the outcomes of your decisions.
✨Engage with Industry Insights
Demonstrate your understanding of the regulatory landscape and emerging technologies in the insurance sector. Bring up any relevant industry standards or innovations you've encountered, and be prepared to discuss how you would integrate these into MRWIS's practices.