At a Glance
- Tasks: Underwrite liability insurance, manage high volumes of business, and build strong broker relationships.
- Company: Dynamic insurance firm focused on innovation and growth.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Join a team where your skills can directly impact business success and client satisfaction.
- Qualifications: Minimum 3 years in construction/liability underwriting and Cert CII qualified.
- Other info: Opportunity to work autonomously and drive personal targets in a collaborative setting.
The predicted salary is between 40000 - 50000 ÂŁ per year.
Purpose of Role/Job Overview
Construction / Liability Underwriter writing wages and turnover business on a presentation basis. Underwriting a high volume of wages and turnover business, average premium is circa ÂŁ3,000 with a potential to write up to a premium of ÂŁ100,000.
Ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings. Once trained it is expected that the individual will be autonomous, working to achieve personal new business targets.
Must have a minimum of 3 years’ experience in a construction / liability underwriting role. Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements. Must be Cert CII qualified as a minimum.
Demonstrating your contribution to loss ratio control by effectively adhering to the company's underwriting controls. To positively reinforce and display company values and to actively drive the business forward in achieving its objectives.
Experience in writing high risk and hard to place business is desired but not necessary. Existing broker relationships that would support in this role is desired, but again not necessary.
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.
Underwriter - Liability Insurance employer: Massenhove Recruitment Ltd
Contact Detail:
Massenhove Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Liability Insurance
✨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 potential employers. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with hiring managers, make sure to highlight your experience in underwriting and your ability to interpret policy wordings. Share specific examples of how you've successfully managed risks or improved loss ratios in past roles.
✨Be Ready for the Interview
Prepare for common interview questions related to underwriting and liability insurance. Think about how you can demonstrate your knowledge of market trends and your ability to exceed broker expectations. Practice makes perfect!
✨Apply Through Us!
Don’t forget to check out our website for job openings. Applying directly through us not only shows your interest but also gives you a better chance of landing that dream role in underwriting. We’re here to help you succeed!
We think you need these skills to ace Underwriter - Liability Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your experience in construction and liability underwriting, especially any specific achievements or projects that relate to the job description.
Showcase Your Skills: In your cover letter, emphasise your ability to interpret policy wordings and your experience with premium calculations. We want to see how you can contribute to our underwriting controls and loss ratio management.
Be Authentic: Let your personality shine through in your application. We value authenticity and want to know what drives you in the underwriting field. Share your passion for building relationships with brokers and your approach to risk management.
Apply Through Our Website: Don’t forget to apply 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 the StudySmarter team!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Know Your Numbers
As an Underwriter, you'll be dealing with premiums and risk assessments. Brush up on your calculations and be ready to discuss how you determine policy terms and calculate premiums. This will show your technical expertise and confidence in handling the financial aspects of the role.
✨Showcase Your Experience
With a minimum of 3 years in construction or liability underwriting, make sure to highlight specific examples from your past roles. Discuss any high-risk cases you've handled and how you managed them. This will demonstrate your capability and readiness for the challenges of the job.
✨Build Rapport with Brokers
Since maintaining strong relationships with brokers is key, think about how you can convey your interpersonal skills during the interview. Share experiences where you exceeded service levels or built successful partnerships. This will illustrate your ability to foster collaboration and drive business forward.
✨Understand the Company Values
Familiarise yourself with the company's values and objectives. Be prepared to discuss how your personal values align with theirs and how you can contribute to achieving their goals. This shows that you're not just looking for a job, but are genuinely interested in being part of their team.