At a Glance
- Tasks: Underwrite and price UK risks while building strong broker relationships.
- Company: Dynamic Managing General Agents (MGA) 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: Join a team that sets the benchmark for customer service in the insurance industry.
- Qualifications: Minimum 2 years of underwriting experience in UK risks required.
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
- Commercial Property (UK) / Property Owners / HNW
- Liability
Working for an MGA, you will be able to offer clients flexible products allowing you to tailor clients' 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 a flexible benefits package.
Underwriter x 6 in Burnham-on-Crouch employer: Massenhove Recruitment Ltd
Join a dynamic team of Underwriters at our leading Managing General Agents, where we prioritise employee growth and development in a collaborative work culture. With competitive salaries and a flexible benefits package, you will have the opportunity to tailor client solutions while building strong broker relationships in the UK market, all within an environment that values professional communication and continuous improvement.
Contact Details:
Massenhove Recruitment Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter x 6 in Burnham-on-Crouch
✨Tip Number 1
Network like a pro! Reach out to your existing contacts in the industry and let them know you're on the lookout for Underwriting roles. A personal recommendation can go a long way in landing that interview.
✨Tip Number 2
Get social! Use platforms like LinkedIn to connect with hiring managers and recruiters. Engage with their posts and share relevant content to get noticed. It’s all about making those connections!
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and understanding of the market trends. Be ready to discuss how you can contribute to profitable growth and enhance broker relationships.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Underwriter x 6 in Burnham-on-Crouch
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Underwriter role. Highlight your underwriting experience, especially with UK risks, and any relevant qualifications that show you’re the perfect fit for us.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re interested in working with us and how your background aligns with the job description. Don’t forget to mention your ability to build strong broker relationships!
Showcase Your Technical Skills:We want to see your technical know-how! Make sure to include examples of how you've made sound underwriting decisions and contributed to product development. This will show us you understand the ins and outs of the industry.
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 from our team!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨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, so you can speak confidently about them during the interview.
✨Showcase Your Broker Relationship Skills
Since building strong broker relationships is crucial, prepare examples of how you've successfully managed these relationships in the past. Highlight any existing contacts you have, as this could give you an edge over other candidates.
✨Demonstrate Compliance Knowledge
Familiarise yourself with FCA regulations and how they impact underwriting decisions. Be ready to discuss how you ensure compliance in your work, as this will show that you understand the importance of regulatory requirements in the underwriting process.
✨Prepare for Scenario Questions
Expect scenario-based questions where you'll need to demonstrate your decision-making skills. Think of situations where you've had to assess risks or make pricing decisions, and be prepared to explain your thought process clearly.
