At a Glance
- Tasks: Join our team to underwrite commercial property and casualty insurance while building strong broker relationships.
- Company: Victor, a growing company with a vibrant and inclusive culture.
- Benefits: Hybrid working, professional development, and a supportive work environment.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: 3+ years of underwriting experience and a good understanding of the commercial insurance market.
- Other info: Exciting career growth opportunities and a chance to work with talented colleagues.
The predicted salary is between 36000 - 60000 Β£ per year.
We are seeking an experienced Commercial Property and Casualty Underwriter to join the Underwriting team at Victor. With exciting plans for growth and product development, this is a great time to become part of the team. This role will be based in our Witham office. After an initial induction period, the role will support hybrid working with a minimum of 2 days expected in the office and the remaining 3 from home.
As an experienced Underwriter, you will carry out a wide range of underwriting activities relating to authorised products. The role will be involved in executing the company strategy and materially contributing to the achievement of our financial plans. You will be playing a pivotal role in achieving our financial goals while delivering exceptional customer service. Your expertise will shine as you forge strong relationships with our brokers, ensuring they receive top-notch service and support.
We will rely on you to:
- Contribute to and implement the underwriting strategy for all products, working within our established risk appetite
- Directly contribute towards financial KPIβs, including balancing the achievement of revenue without any detriment to underwriting profitability
- Deliver outstanding Victor service levels on all authorised products
- Have significant awareness of and ensure adherence of all regulatory requirements, guidelines and working practices β both internally and externally
- Spot distribution trends and report back on broker behaviours
- Act within underwriting authority
- Have an in-depth knowledge of relevant class/ product specialisms
- Keep pace with market trends and developments for authorised industry segments
- Build strong relationships with broking and capacity partners
- Build strong relationships with internal stakeholders
What you need to have:
- Good understanding of the commercial insurance market
- At least 3 years commercial property and casualty underwriting experience
- Have held underwriting authority for chosen class of business previously
- Experience of working in teams and successful record of delivering results
- Progress towards CII qualification desirable or equivalent experience
What makes you stand out:
- Progress towards a CII qualification or equivalent experience is a plus.
- The ability to handle a diverse workload with accuracy and efficiency.
- Resilience and enthusiasm to thrive in a fast-paced environment while eager to learn.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Commercial Property and Casualty Underwriter in Witham employer: Marsh Risk
Contact Detail:
Marsh Risk Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Commercial Property and Casualty Underwriter in Witham
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with commercial property and casualty underwriting. A friendly chat can lead to insider info about job openings or even a referral.
β¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of market trends and regulatory requirements. We want you to showcase your expertise and how it aligns with Victor's goals. Practice common interview questions to boost your confidence!
β¨Tip Number 3
Donβt just apply anywhere; focus on companies that resonate with your values and career aspirations. Check out our website for openings at Victor and tailor your approach to highlight how you can contribute to their growth and service excellence.
β¨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Commercial Property and Casualty Underwriter in Witham
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Commercial Property and Casualty Underwriter role. Highlight your relevant experience, especially your underwriting authority and any achievements in the commercial insurance market. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills align with our goals at Victor. Donβt forget to mention your experience with brokers and your understanding of market trends.
Showcase Your Achievements: When filling out your application, be sure to showcase specific achievements that demonstrate your ability to meet financial KPIs and deliver exceptional service. We love seeing numbers and results that back up your claims!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. Itβs the best way for us to receive your application and ensures you donβt miss out on any important updates. Plus, weβre excited to see what you bring to the table!
How to prepare for a job interview at Marsh Risk
β¨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of commercial property and casualty underwriting. Be ready to discuss specific products and your experience with them, as well as any relevant market trends. This will show that you're not just familiar with the basics but also have a deep understanding of the field.
β¨Showcase Your Relationship-Building Skills
Since this role involves forging strong relationships with brokers, come prepared with examples of how you've successfully built and maintained professional relationships in the past. Highlight your communication skills and how theyβve contributed to exceptional customer service.
β¨Demonstrate Your Financial Acumen
Victor is looking for someone who can contribute to financial KPIs. Be ready to discuss how you've balanced revenue generation with underwriting profitability in previous roles. Use specific metrics or achievements to illustrate your impact.
β¨Prepare for Regulatory Questions
Given the importance of adhering to regulatory requirements, be prepared to discuss your understanding of these guidelines. Think of examples where you've ensured compliance in your previous roles, and how you stay updated on industry regulations.