A respected and growing Lloyd\'s Managing Agency is seeking a skilled Construction Underwriter to join their expanding team in the Essex office. This role offers the opportunity to work within a dynamic underwriting environment, focusing on complex construction risks and helping expand the agency\'s market presence.
Role Purpose:
To underwrite construction insurance policies, evaluating and managing risks in line with company underwriting guidelines and contributing to the growth of the construction portfolio.
Main Duties:
- Underwriting new and renewal construction risks, including builders\' risk, liability, and contractors\' all-risk policies.
- Assessing and pricing risks by analysing application information, reviewing documentation, and applying underwriting criteria.
- Developing and maintaining relationships with brokers and clients to drive business growth and retention.
- Collaborating with other departments, such as claims and loss control, to ensure effective risk management.
- Staying up to date on industry trends, regulatory requirements, and market conditions impacting the construction sector.
- Supporting senior underwriters and management in creating and implementing underwriting strategies.
Essential Skills Required:
- Previous experience underwriting construction or related lines within the insurance industry.
- Strong analytical skills and an ability to assess and price complex construction risks.
- Excellent communication and negotiation skills, with a client-focused approach.
- Detailed understanding of construction insurance products and market dynamics.
Desirable Skills:
- Relevant industry qualifications (e.g., CII) are advantageous.
- Familiarity with Lloyd\'s underwriting processes and platforms.
What You Need to Know:
- Permanent role
- Based in the Essex office - strong Hybrid working
- Salary up to £60,000
- An inclusive and equal-opportunities employer with a supportive work environment
REF: 9871
Interested? Please apply today, and we will contact you by return.
MW Appointments has been recruiting in the insurance market since 1992. You will benefit from partnering with a market leader with in-depth technical understanding, comprehensive market insight, and established relationships across the insurance sector.
MW Appointments is acting as an Employment Agency in relation to this vacancy.
#J-18808-LjbffrStudySmarter Expert Advice🤫
We think this is how you could land Construction Underwriter in Southend-on-Sea
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Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at MW Appointments.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at MW Appointments. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at MW Appointments
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at MW Appointments to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
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As a full-timer at MW Appointments, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding MW Appointments's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
