At a Glance
- Tasks: Underwrite and price UK risks while building strong broker relationships.
- Company: Dynamic MGA offering tailored insurance solutions.
- Benefits: Competitive salary, flexible working options, and career development opportunities.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Join a team that sets the benchmark for customer service in the insurance industry.
- Qualifications: Experience in underwriting and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
On behalf of several Managing General Agents (MGA), we are looking for Underwriters from Senior to Assistant Underwriter level, for the following classes of business:
- Commercial Combined
- Construction / Contractors All Risks
- Commercial Property (UK) / Property Owners / HNW
- Liability
Working for an MGA, you will be able to offer clients flexible products allowing you to tailor client needs, ensuring a seamless experience that sets the benchmark for customer service in the industry.
Purpose of Role/Job Overview:
- Underwrite and price UK risks in line with underwriting guidelines, appetite, and delegated authority.
- Drive profitable growth through accurate underwriting of new business, renewals, and mid-term adjustments.
- Respond to broker enquiries received direct or via online quote platforms, email, and direct submissions.
- Build and maintain strong broker relationships across UK markets, with existing broker contacts considered highly advantageous.
- Ensure underwriting decisions are technically sound, compliant with FCA regulations, and meet service level expectations.
- Contribute to product development and refinement based on broker feedback, market trends, and risk appetite.
- Collaborate with internal teams including operations, compliance, and sales to ensure smooth policy lifecycle management.
- Use data and reporting tools to monitor performance, identify trends, and support continuous improvement.
- Represent our clients brand positively through professional communication and a strong service.
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.
Underwriter x 6 in London employer: Massenhove Recruitment Limited
As a leading Managing General Agent, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our Underwriters to excel in their roles. With a strong emphasis on professional development, we offer tailored training programmes and clear career progression paths, ensuring our employees can grow alongside the company. Located in a vibrant area, our office provides a collaborative environment where innovation thrives, and we are committed to delivering exceptional service to our clients while maintaining a healthy work-life balance.
Contact Details:
Massenhove Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter x 6 in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Massenhove Recruitment Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Massenhove Recruitment Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter x 6 in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Massenhove Recruitment Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Massenhove Recruitment Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Massenhove Recruitment Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Massenhove Recruitment Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Massenhove Recruitment Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Massenhove Recruitment Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
