At a Glance
- Tasks: Underwrite and price commercial property risks while building strong broker relationships.
- Company: Dynamic insurance firm focused on growth and innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional development.
- Other info: Collaborative environment with a focus on continuous improvement and market awareness.
- Why this job: Join a team that values your input and helps you grow in the insurance industry.
- Qualifications: Experience in underwriting or a related field is a plus, along with strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Underwrite and price regional UK commercial property 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 via online quote platforms, email, and direct submissions. Build and maintain strong broker relationships across regional 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 the brand positively through professional communication and a strong service ethic.
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.
Property Underwriter employer: Massenhove Recruitment Limited
As an Insurance Sales Advisor, you will thrive in a dynamic and supportive work environment that prioritises employee development and customer satisfaction. Our company offers competitive benefits, a collaborative culture, and ample opportunities for career growth, all while being located in a vibrant area that fosters both professional and personal fulfilment. Join us to make a meaningful impact in the lives of our customers while enjoying a rewarding career path.
Contact Details:
Massenhove Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Property Underwriter
✨Tip Number 1
Network like a pro! Get out there and connect with brokers and industry professionals. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building those relationships can really set you apart.
✨Tip Number 2
Practice your pitch! When you get the chance to chat with potential employers or brokers, make sure you can clearly explain your experience and how it aligns with their needs. A confident and concise pitch can leave a lasting impression.
✨Tip Number 3
Stay updated on market trends! Knowing what’s happening in the property sector can give you an edge in conversations. Use this knowledge to demonstrate your expertise and show that you’re proactive about your career.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you that Property Underwriter role!
We think you need these skills to ace Property Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Property Underwriter role. Highlight your experience with underwriting, pricing, and building broker relationships. We want to see how your skills align with our needs!
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 you can contribute to our team. Keep it professional but let your personality come through.
Showcase Your Technical Skills:Don’t forget to mention your familiarity with FCA regulations and any data reporting tools you've used. We love candidates who can demonstrate their technical know-how and how it applies to the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Massenhove Recruitment Limited
✨Know Your Underwriting Guidelines
Before the interview, make sure you thoroughly understand the underwriting guidelines and appetite of the company. Familiarise yourself with how these guidelines apply to regional UK commercial property risks, as this will show your commitment and readiness to dive into the role.
✨Build Broker Relationship Scenarios
Prepare examples of how you've successfully built and maintained relationships with brokers in the past. Think about specific situations where you exceeded service levels or handled broker enquiries effectively, as this will demonstrate your ability to thrive in a collaborative environment.
✨Showcase Your Analytical Skills
Be ready to discuss how you use data and reporting tools to monitor performance and identify trends. Bring examples of how your analytical skills have contributed to continuous improvement in previous roles, as this aligns perfectly with the expectations for the Property Underwriter position.
✨Demonstrate Compliance Knowledge
Brush up on FCA regulations and compliance requirements relevant to underwriting. During the interview, highlight your understanding of these regulations and how you ensure that your underwriting decisions are technically sound and compliant, which is crucial for the role.
