At a Glance
- Tasks: Drive income and profit through efficient underwriting and broker development.
- Company: Join a collaborative and innovative company that inspires progress.
- Benefits: Competitive salary, professional growth, and a supportive work environment.
- Other info: Dynamic role with opportunities for career advancement and collaboration across teams.
- Why this job: Make a real impact by building strong broker relationships and enhancing your skills.
- Qualifications: 5 years in underwriting, strong negotiation skills, and proven broker relationships.
The predicted salary is between 50000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility(SM).
Role Summary and Purpose
This role will achieve income and profit objectives through the delivery of an efficient case underwriting service to brokers through regular on-site broker development, supporting the technical management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.
Key Tasks and Responsibilities
- Service Existing Business whilst writing within risk selection, appetite and authority.
- Adherence to the 4 Call Process to maximise opportunities arising.
- Achieve Bottom Line, Top Line and Expense targets by managing and operating to the Key Performer Indicators of the region.
- Enhance Arch's standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region's most important brokers.
- Display strong negotiation skills that aide conversion and relationships with our key brokers.
- Maintain and enhance personal knowledge of relevant technical issues.
- Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
- Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.
Role Requirements & Skills
- Ideally at least 5 years' experience in underwriting.
- 2 Year Renewals / Existing Business Underwriting preferred.
- Proven broker relationships.
- Proven Track Record in Underwriting.
- Ability to negotiate flexibly and appropriately.
- Demonstrates a range of influencing and negotiation approaches.
- Risk perception/Risk selection skills.
- Pricing of risk accordingly.
- Successfully developing effective trading relationships.
- Consistent achieving of goals and objectives.
- Experience working across functions / matrix organisation to collaborate and build strong relationships.
- Operational effectiveness and efficiency.
- Clear and effective communication.
- Minimum A level standard preferred.
- Professional Certification - progress towards ACII preferred.
The job holder will ideally have at least 5 years' experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.
Senior Commercial Underwriter & Broker Relations in Bristol employer: Mcneil & Co.
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior Commercial Underwriter & Broker Relations, you will benefit from strong professional development opportunities, a supportive team environment, and the chance to build meaningful relationships with key industry players in a dynamic regional setting. Join us in enabling possibilities and making a significant impact in the commercial insurance landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Underwriter & Broker Relations in Bristol
✨Tip Number 1
Networking is key! Get out there and connect with industry professionals, especially brokers. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. We all know that personal relationships can make a huge difference in landing that dream job.
✨Tip Number 2
Practice your negotiation skills! Since this role involves strong negotiation, consider role-playing scenarios with friends or colleagues. The more comfortable you are with these conversations, the better you'll perform when it counts. Remember, we’re all about enabling possibility!
✨Tip Number 3
Stay updated on market trends and technical issues. This knowledge not only boosts your confidence but also shows potential employers that you’re proactive and engaged. Share insights during interviews to demonstrate your expertise and commitment to the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, creating a job alert can keep you in the loop for future opportunities that match your skills and interests. Let’s make sure you find the right fit with us!
We think you need these skills to ace Senior Commercial Underwriter & Broker Relations in Bristol
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience and broker relationships, as these are key for us at StudySmarter.
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 Senior Commercial Underwriter role. Show us your passion for collaboration and innovation, and how you can contribute to our mission.
Showcase Your Achievements:Don’t just list your responsibilities; share your successes! Include specific examples of how you've achieved goals and built strong relationships in your previous roles. We love seeing quantifiable results!
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’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Mcneil & Co.
✨Know Your Numbers
Before the interview, brush up on your key performance indicators and achievements. Be ready to discuss how you've met or exceeded targets in your previous roles, especially in underwriting and broker relations. This will show that you understand the importance of metrics in achieving business objectives.
✨Showcase Your Broker Relationships
Prepare examples of how you've built and maintained strong relationships with brokers. Highlight specific instances where your negotiation skills led to successful outcomes. This will demonstrate your ability to enhance the company's standing and presence in the market.
✨Demonstrate Collaborative Spirit
Since the role requires working across functions, think of examples where you've collaborated with other teams, like claims or surveys. Share how these collaborations have led to improved efficiency or better service delivery, aligning with the company's culture of collaboration.
✨Stay Updated on Industry Trends
Make sure you're well-versed in current technical issues and market intelligence relevant to commercial underwriting. Being able to discuss recent trends or changes in the industry will not only showcase your expertise but also your commitment to continuous learning and improvement.
