At a Glance
- Tasks: Underwrite and price UK risks while building strong broker relationships.
- Company: Join a leading Managing General Agent with a focus on customer service.
- Benefits: Competitive salary, flexible benefits, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous improvement and market awareness.
- Why this job: Make an impact in the insurance industry with tailored solutions for clients.
- Qualifications: Minimum 2 years of UK underwriting experience required.
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
- 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’s 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.
- 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.
Applicants should possess a minimum of 2 years Underwriting experience of UK risks. All our clients offer competitive salaries and flexible benefits package – Please contact us to discuss.
Underwriter x 6 employer: Massenhove Recruitment Limited
As an employer, we pride ourselves on fostering a dynamic and supportive work culture that prioritises employee growth and development. Our team of Underwriters enjoys competitive salaries, a flexible benefits package, and the opportunity to work closely with leading brokers in the UK market, ensuring a rewarding and impactful career in the insurance industry.
Contact Details:
Massenhove Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter x 6
✨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 brokers or other underwriters. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your underwriting experience and how you’ve driven profitable growth in the past. Use specific examples to show how you can add value to their team.
✨Be Ready for the Interview
Prepare for common interview questions related to underwriting and be ready to discuss your approach to risk assessment and pricing. Practise your answers so you can communicate your expertise confidently.
✨Apply Through Us!
Don’t forget to check out our website for the latest Underwriter positions. Applying through us not only gives you access to great opportunities but also means we’re here to support you every step of the way!
We think you need these skills to ace Underwriter x 6
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Underwriter role. Highlight your underwriting experience, especially with UK risks, and any relevant classes of business you've worked with.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention your understanding of the MGA environment and how you can contribute to building strong broker relationships.
Showcase Your Technical Skills:Don’t forget to mention your familiarity with FCA regulations and your ability to make technically sound underwriting decisions. This will show us that you’re not just experienced but also compliant and detail-oriented.
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 don’t miss out on any important updates during the process!
How to prepare for a job interview at Massenhove Recruitment Limited
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially regarding UK risks. Understand the key classes of business mentioned in the job description, like Commercial Combined and Liability. This will help you answer questions confidently and show that you're well-prepared.
✨Showcase Your Broker Relationship Skills
Since building strong broker relationships is crucial for this role, think of examples from your past experience where you've successfully managed broker interactions. Be ready to discuss how you can leverage existing contacts and what strategies you would use to maintain those relationships.
✨Demonstrate Compliance Knowledge
Familiarise yourself with FCA regulations and how they impact underwriting decisions. During the interview, highlight your understanding of compliance and how it relates to risk assessment and pricing. This shows that you take regulatory requirements seriously and can make sound underwriting decisions.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your decision-making skills in underwriting. Think about potential risks and how you would assess them. Practising these scenarios can help you articulate your thought process clearly, demonstrating your analytical skills and ability to drive profitable growth.
