At a Glance
- Tasks: Underwrite and price commercial property risks while building strong broker relationships.
- Company: Join a forward-thinking company committed to diversity and professional growth.
- Benefits: Competitive salary, flexible working options, and opportunities for career advancement.
- Other info: Dynamic work environment with a focus on continuous improvement and collaboration.
- Why this job: Make an impact in the insurance industry while developing valuable skills.
- Qualifications: Strong analytical skills and a passion for building relationships.
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 employer: Massenhove Recruitment Ltd
As a Property Underwriter with us, you will thrive in a dynamic and inclusive work environment that prioritises professional growth and development. Our commitment to fostering strong broker relationships and delivering exceptional service ensures that you will be part of a team that values collaboration and innovation. Located in the heart of the UK, we offer competitive benefits and a culture that celebrates diversity, making us an excellent employer for those seeking meaningful and rewarding careers.
Contact Details:
Massenhove Recruitment Ltd 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
Show off your knowledge! When you get the chance to chat with potential employers or brokers, make sure to highlight your understanding of market trends and risk management. It’ll show you’re not just another candidate but someone who’s genuinely invested in the field.
✨Tip Number 3
Be proactive! If you see a job that fits, don’t wait for the perfect moment. Apply through our website and follow up with a friendly email. A little initiative goes a long way in making a lasting impression.
✨Tip Number 4
Keep learning! Stay updated on FCA regulations and underwriting guidelines. The more informed you are, the better you can demonstrate your expertise during interviews. Plus, it shows you’re committed to continuous improvement, which is a big plus!
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 relevant experience in underwriting, pricing, and broker relationship management. 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:Since this role involves compliance and technical decision-making, be sure to mention any relevant tools or software you’ve used. We love candidates who can demonstrate their ability to use data for better underwriting decisions.
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 our team at StudySmarter!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Know Your Underwriting Guidelines
Before the interview, make sure you’re familiar with the underwriting guidelines and appetite of the company. Brush up on how these guidelines apply to regional UK commercial property risks, as this will show your understanding of the role and your readiness to make sound decisions.
✨Build Broker Relationships
Since strong broker relationships are key, think about how you can demonstrate your ability to build and maintain these connections. Prepare examples from your past experiences where you successfully managed broker relationships or resolved issues, as this will highlight your interpersonal skills.
✨Showcase Your Analytical Skills
Be ready to discuss how you use data and reporting tools to monitor performance and identify trends. Bring specific examples of how your analytical skills have contributed to continuous improvement in your previous roles, as this will resonate well with the interviewers.
✨Demonstrate Compliance Knowledge
Understanding FCA regulations is crucial for this role. Prepare to discuss how you ensure compliance in your underwriting decisions. You might want to share a situation where you navigated regulatory requirements effectively, showcasing your attention to detail and commitment to legal obligations.
