At a Glance
- Tasks: Lead the development of innovative underwriting strategies and build a high-performing team.
- Company: Join MRWIS Limited, a pioneering force in Structural Warranty Insurance.
- Benefits: Enjoy competitive pay, flexible working, and comprehensive benefits including private medical insurance.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Shape the future of construction insurance while driving innovation and making a real impact.
- Qualifications: 10+ years in underwriting with strong leadership and strategic vision.
The predicted salary is between 60000 - 80000 £ 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: 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.
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 London employer: Marley Risk Consultants
Contact Detail:
Marley Risk Consultants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. The more people you know, the better your chances of landing that Senior Underwriter role.
✨Tip Number 2
Prepare for interviews by researching MRWIS and understanding their approach to innovation in construction insurance. Tailor your answers to show how your experience aligns with their goals.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've built and led teams in the past. MRWIS is looking for someone who can foster a culture of excellence, so highlight your mentoring experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the MRWIS team.
We think you need these skills to ace Senior Underwriter in London
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 bring innovation to our underwriting function!
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 excited about this opportunity!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven growth or improved processes in your previous roles. 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
✨Know Your Stuff
Make sure you brush up on your knowledge of Structural Warranty Insurance and the latest trends in the construction industry. MRWIS is looking for someone who can not only understand the current landscape but also contribute to its evolution, so be prepared to discuss how your experience aligns with their innovative approach.
✨Showcase Your Leadership Skills
As a Senior Underwriter, you'll need to demonstrate your ability to lead and mentor a team. Think of specific examples from your past where you've successfully built or guided a team, and be ready to share how you foster a culture of excellence and collaboration.
✨Be Strategic
This role requires a strategic thinker, so come prepared with ideas on how you would develop underwriting guidelines and risk assessment models. Discuss your vision for expanding into new market segments and how you would build relationships with brokers and developers.
✨Engage with Innovation
MRWIS is all about integrating cutting-edge technologies into their practices. Be ready to talk about any experience you have with AI tools, predictive analytics, or other innovative methodologies. Show them that you're not just keeping up with industry changes, but that you're excited to drive them forward.