At a Glance
- Tasks: Underwrite construction and liability business, managing high volumes and achieving personal targets.
- Company: Dynamic insurance firm focused on innovation and growth.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Join a team where your skills can directly impact business success and client satisfaction.
- Qualifications: Minimum 3 years in underwriting, Cert CII qualified, with strong relationship-building skills.
- Other info: Opportunity to work autonomously and contribute to exciting sales campaigns.
The predicted salary is between 36000 - 60000 £ per year.
Purpose of Role/Job Overview
Construction / Liability Underwriter writing wages and turnover business on a presentation basis. Underwriting a high volume of wages and turnover business, average premium is circa £3,000 with a potential to write up to a premium of £100,000. Ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings. Once trained it is expected that the individual will be autonomous, working to achieve personal new business targets. Minimum of 3 years’ experience in a construction / liability underwriting role. Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements. Cert CII qualified. Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls. To positively reinforce and display values and to actively drive the business forward in achieving its objectives. Experience in writing high risk and hard to place business is desired but not necessary. Existing broker relationships that would support in this role is desired, but again not necessary.
Key Accountabilities
- Meeting and where possible, exceeding brokers service levels and expectations.
- Identifies cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
- Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
- Build and maintain strong relationships with key trading partners to maximize influence.
- Support the development and operation of sales campaigns to drive the acquisition of profitable business.
Other Activities, Duties and Responsibilities
- Maintain and develop market awareness.
- Maintain good working relationships with all internal departments.
- Maintain an open communication ethos with colleagues and managers.
- Demonstrate "model behaviours".
- Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
- Contribute to wider business activities.
- Operate within individual underwriting authorities and guidelines.
Liability Underwriter employer: Massenhove Recruitment Limited
Contact Detail:
Massenhove Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Liability Underwriter
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential employers or brokers. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with hiring managers, make sure to highlight your experience in underwriting and your ability to interpret policy wordings. Share specific examples of how you've successfully managed risks and contributed to loss ratio control.
✨Be Ready for the Challenge
Prepare yourself for interviews by brushing up on your knowledge of high-risk business and claims management. Show them you’re not just a candidate, but someone who can tackle tough underwriting challenges head-on.
✨Apply Through Us!
Don’t forget to check out our website for the latest job openings. Applying directly through us not only gives you a better chance but also shows your enthusiasm for being part of our team!
We think you need these skills to ace Liability Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Liability Underwriter role. Highlight your experience in construction and liability underwriting, especially if you've worked with high-risk businesses. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! If you've exceeded targets or improved loss ratios, let us know. We love seeing how you’ve made a difference in your previous roles.
Be Clear and Concise: When writing your application, keep it clear and concise. Use straightforward language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to attach all your documents in one go. Plus, it helps us keep track of your application!
How to prepare for a job interview at Massenhove Recruitment Limited
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially around construction and liability. Be ready to discuss how you interpret policy wordings and any experience you have with modifying them. This shows you’re not just familiar with the basics but can also handle the complexities of the role.
✨Showcase Your Experience
With a minimum of 3 years in a similar role, be prepared to share specific examples of your past work. Talk about how you've managed high volumes of business and any successes you've had in achieving personal targets. This will help demonstrate your capability and confidence in the field.
✨Build Relationships
Since building strong relationships with brokers is key, think of ways you’ve successfully done this in the past. Share stories that highlight your communication skills and how you’ve exceeded service levels. This will show that you understand the importance of collaboration in underwriting.
✨Understand Risk Management
Be ready to discuss how claims and risk management impact underwriting decisions. Prepare to explain how you’ve identified hazards and adjusted terms accordingly. This will illustrate your analytical skills and your ability to contribute to loss ratio control effectively.