At a Glance
- Tasks: Underwrite and negotiate accounts while building strong relationships with clients and intermediaries.
- Company: Join a dynamic team at Millstream, known for its meritocratic culture and commitment to customer success.
- Benefits: Enjoy 25 days holiday, pension, private medical, and support for professional qualifications.
- Other info: Diverse workplace that values self-starters and offers excellent career development opportunities.
- Why this job: Make a real impact in the Employee Benefits sector while driving profitable growth.
- Qualifications: 3+ years in underwriting or broking with strong communication and analytical skills.
The predicted salary is between 50000 - 60000 € per year.
As an Underwriter within the Employee Benefits & Affinity A&H team, you will operate in a highly visible role that directly contributes to the overall success of Millstream. Working closely with colleagues across underwriting, distribution, and product functions, you will play an active role in supporting business development initiatives, shaping product design, and delivering sustainable pricing to maintain underwriting profitability while ensuring appropriate cover scope for employee benefits and affinity solutions.
The role focuses on supporting and strengthening both existing and new intermediary and partner relationships by delivering high-quality underwriting decisions and service. You will contribute to the effective management of the GWP pipeline, identify growth opportunities across the Employee Benefits and Affinity A&H portfolio, and take ownership of allocated broker, scheme, and client accounts to drive long‑term, profitable growth. Built on meritocracy, our unique company culture rewards self‑starters and those who are committed to doing what is best for our customers.
Day to Day
- Underwrite, price and negotiate accounts consistent with the quality of risk and according to the company’s strategy and guidelines.
- Work to develop existing business and expand into new product areas.
- Good understanding of policy wording & slip operative clauses.
- Create, develop and maintain relationships with intermediaries and clients.
- Develop and maintain relationships with insurers.
- Review and implement changes to existing pool of wordings.
- Maintain compliance with appropriate rules, legislation, underwriting agreements, working procedures and other forms of best practice.
- Execute agreed business/action plans with intermediaries in terms of profitability, retention and new business opportunities.
- Achieve agreed GWP and income targets.
- Undertake data analysis and management reporting and identify any issues or opportunities.
About you
You’ll have a solid grounding within A&H markets ideally with 3+ years experience within an underwriting or broking role. Your skill set should include strong communication (written, verbal, video), influencing, relationship management, negotiation, analytical, numerical and IT skills.
What’s on offer
A negotiable basic salary coupled with all the normal benefits including 25 days holiday (+Bank Holidays), Pension, Death in Service (4x Salary), Individual Private Medical (post probation). Full support for professional qualifications (including funding / study leave etc.). Access to the annual Brown & Brown Share Save Scheme. We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Affinity Underwriter employer: Millstream Underwriting Limited
Millstream is an exceptional employer that fosters a dynamic and inclusive work culture, where self-starters are rewarded for their contributions to customer success. Located in London, the Affinity Underwriter role offers competitive benefits, including generous holiday allowances, professional development support, and a commitment to diversity, making it an ideal environment for personal and career growth.
Contact Detail:
Millstream Underwriting Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Affinity Underwriter
✨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 colleagues on LinkedIn. 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 or recruiters, make sure to highlight your relevant experience and skills. Use specific examples from your past roles to demonstrate how you can add value to their team.
✨Prepare for Interviews
Do your homework before interviews! Research the company, understand their products, and think about how your background fits into their goals. This will help you answer questions confidently and show that you’re genuinely interested.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really keen on joining our team.
We think you need these skills to ace Affinity Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Affinity Underwriter role. Highlight your experience in underwriting, especially within A&H markets, and showcase any relevant skills that match the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our goals at Millstream. Don’t forget to mention your relationship management skills!
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to drive profitable growth and manage client accounts effectively. Numbers speak volumes, so include metrics where possible!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. 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 Millstream Underwriting Limited
✨Know Your Numbers
As an Affinity Underwriter, you'll need to be comfortable with data analysis and management reporting. Brush up on your numerical skills and be ready to discuss how you've used data to identify opportunities or solve problems in previous roles.
✨Master the Art of Communication
Strong communication is key in this role. Practice articulating your thoughts clearly and confidently, whether it's in writing or verbally. Be prepared to share examples of how you've successfully managed relationships with intermediaries and clients.
✨Understand the Market
Familiarise yourself with the A&H markets and current trends. Research Millstream's position within the industry and be ready to discuss how you can contribute to their business development initiatives and product design.
✨Showcase Your Negotiation Skills
Negotiation is a big part of underwriting. Think of specific instances where you've successfully negotiated terms or pricing in the past. Be ready to demonstrate your approach and how it led to profitable outcomes.
