At a Glance
- Tasks: Underwrite and price commercial property risks while building strong broker relationships.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Be part of a supportive environment with a commitment to equality and respect.
- Why this job: Join a team that values diversity and makes a real impact in the insurance industry.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 40000 - 50000 £ 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.
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. A copy of our D&I policy can be made available upon request.
Property Underwriter in London employer: Massenhove Recruitment Ltd
As a leading employer in the insurance sector, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our Property Underwriters to excel. With a strong focus on professional development, we offer extensive training and growth opportunities, ensuring our team members are equipped to thrive in their roles while building lasting relationships with brokers across the UK. Our commitment to diversity and respect creates a supportive environment where every employee can contribute meaningfully to our success.
Contact Details:
Massenhove Recruitment Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Property Underwriter in London
✨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 when it comes to landing that Property Underwriter role.
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers or brokers, make sure to highlight your underwriting expertise and how you can drive profitable growth. Use specific examples from your past experiences to demonstrate your value.
✨Tip Number 3
Stay updated on market trends! Keep an eye on the latest developments in the UK commercial property sector. This knowledge will not only help you in interviews but also show that you’re genuinely interested in the field and ready to contribute to product development.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll have a better chance of getting noticed and can showcase your enthusiasm for joining our team. Don’t miss out!
We think you need these skills to ace Property Underwriter in London
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 Compliance Knowledge:Since compliance is key in this role, make sure to mention any relevant experience you have with FCA regulations or risk management. We’re looking for someone who understands the importance of these aspects in underwriting.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨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 potential employer that you're serious about the role.
✨Build Broker Relationships
Since strong broker relationships are key in this role, think of examples from your past experiences where you've successfully built and maintained such relationships. Be ready to discuss how you can leverage existing contacts to drive profitable growth for the company.
✨Demonstrate Compliance Knowledge
Brush up on FCA regulations and be prepared to discuss how you ensure compliance in your underwriting decisions. This will highlight your attention to detail and commitment to maintaining high standards in your work.
✨Showcase Data-Driven Decision Making
Be ready to talk about how you've used data and reporting tools in previous roles to monitor performance and identify trends. This will demonstrate your analytical skills and your ability to contribute to continuous improvement within the team.
