Binding Authority Underwriter – E&S & Cat Risk
Binding Authority Underwriter – E&S & Cat Risk

Binding Authority Underwriter – E&S & Cat Risk

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage delegated authority portfolio and build relationships with coverholders and brokers.
  • Company: Leading insurance expert based in Greater London.
  • Benefits: Hybrid working, competitive salary, and comprehensive health and wellbeing support.
  • Why this job: Join a dynamic team and make an impact in the insurance industry.
  • Qualifications: Relevant degree and experience in underwriting practices.
  • Other info: Great opportunity for career growth in a supportive environment.

The predicted salary is between 36000 - 60000 £ per year.

A leading insurance expert in Greater London is seeking a skilled Underwriter to manage a delegated authority portfolio. The role involves developing relationships with coverholders and brokers, conducting underwriting file reviews, and ensuring compliance with underwriting guidelines.

The ideal candidate will have a relevant degree and experience in underwriting practices. The position offers hybrid working options, competitive salary, and comprehensive benefits including health and wellbeing support.

Binding Authority Underwriter – E&S & Cat Risk employer: Munich Re

As a leading insurance expert in Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our Binding Authority Underwriter role not only offers competitive salaries and comprehensive health benefits but also provides opportunities for professional growth through ongoing training and development. With the flexibility of hybrid working, we ensure our employees can maintain a healthy work-life balance while contributing to meaningful projects in the insurance sector.
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Contact Detail:

Munich Re Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Binding Authority Underwriter – E&S & Cat Risk

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work with coverholders and brokers. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss your experience with delegated authority portfolios and compliance with underwriting guidelines. We want you to shine!

Tip Number 3

Showcase your skills through real-life examples. When discussing your past roles, highlight specific instances where you successfully managed underwriting file reviews or built strong relationships with brokers.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Binding Authority Underwriter – E&S & Cat Risk

Underwriting Practices
Relationship Management
File Review
Compliance
Delegated Authority Management
Communication Skills
Analytical Skills
Attention to Detail
Problem-Solving Skills
Relevant Degree

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience in underwriting practices. We want to see how your skills align with the role of a Binding Authority Underwriter, so don’t be shy about showcasing your achievements!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for managing a delegated authority portfolio. We love seeing your personality come through, so keep it professional yet engaging.

Showcase Your Relationship-Building Skills: Since the role involves developing relationships with coverholders and brokers, make sure to mention any relevant experiences. We’re keen to see how you’ve successfully built and maintained professional relationships in the past.

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 don’t miss out on any important updates regarding your application status!

How to prepare for a job interview at Munich Re

Know Your Underwriting Stuff

Make sure you brush up on your underwriting practices and guidelines. Familiarise yourself with the specific requirements for delegated authority portfolios, as well as any recent changes in the E&S and Cat Risk sectors. This will show that you're not just a candidate, but someone who truly understands the field.

Build Rapport with Brokers

Since the role involves developing relationships with coverholders and brokers, think about how you can demonstrate your relationship-building skills. Prepare examples of past experiences where you've successfully collaborated with external partners or clients. This will highlight your ability to foster strong professional connections.

Prepare for Compliance Questions

Compliance is key in underwriting, so expect questions around how you ensure adherence to guidelines. Be ready to discuss specific instances where you've navigated compliance challenges or implemented best practices in your previous roles. This will showcase your attention to detail and commitment to regulatory standards.

Showcase Your Degree and Experience

Don’t forget to highlight your relevant degree and any hands-on experience you have in underwriting. Prepare to discuss how your educational background has equipped you for this role and provide concrete examples of your past work that align with the job description. This will reinforce your suitability for the position.

Binding Authority Underwriter – E&S & Cat Risk
Munich Re

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