At a Glance
- Tasks: Underwrite and negotiate terms while building strong broker relationships.
- Company: Join Nexus Trade Credit, a growing player in the underwriting market.
- Benefits: Flexible location, career development opportunities, and a dynamic team environment.
- Other info: Be part of a vibrant team with exciting networking opportunities.
- Why this job: Make an impact in a key role with potential for growth and strategy influence.
- Qualifications: A-Level education and 2+ years in credit insurance or related fields.
The predicted salary is between 37800 - 46200 £ per year.
- Location
- Flexible - London or Manchester based
- Job Summary
Nexus Trade Credit are currently recruiting for a New Business Commercial Underwriter to join our busy and growing underwriting team.
The successful candidate will be able to take ownership of key broker relationships and grow new relationships as they look to expand Nexus' existing portfolio.
You will be involved in business strategy decisions on how Nexus approach the underwriting market and will be reviewing submissions with a concentration on Insurable Turnovers of up to £10m.
The potential is also there to develop the role in line with your career aspirations.
Within the role the successful candidate would form an integral part of the team and will be expected to represent the company's interests at various meetings and events around the country.
- Underwrite, price and negotiate terms with our broking partners according to the company's strategy.
- Develop and maintain strong relationships with brokers and prospects to ensure strong submission flow and profitable portfolio growth.
- Achieve new business income target within turnover segment / nominated Brokers.
- Organise, prepare and host strategy meetings with broking partners.
- Manage your personal pipeline of ongoing quotes across the market and be able to present updates internally.
- Have a good understanding of and the ability to work with the Risk Underwriting team to ensure we are targeting and providing the best solutions for our brokers and prospective clients.
Qualifications
Educated to A-Level standard or equivalent (minimum C grade in Maths and English).
Skills
- Enthusiastic and hardworking individual with a focus on providing the best possible service
- Commercial awareness partnered with a strategic mind-set
- Experience in delivering client-focused solutions and creating long-lasting relationships
- Knowledge / Experience
- You will have 2+ years work experience in credit insurance company or related industry, ideally in New Business Development
- A broad knowledge of and interest in domestic and global economic trends
- Awareness of credit insurance terminology and policy features
- Proficient working knowledge of MS Office software
- #J-18808-Ljbffr
New Business Commercial Underwriter in Manchester employer: Nexus Trade Credit
Nexus Trade Credit is an exceptional employer that fosters a dynamic and supportive work environment, allowing employees to thrive in their careers. With flexible locations in London or Manchester, we offer competitive benefits, a strong emphasis on professional development, and the opportunity to engage directly with key industry players. Join us to be part of a collaborative team where your contributions are valued and your growth is encouraged.
StudySmarter Expert Advice🤫
We think this is how you could land New Business Commercial Underwriter in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nexus Trade Credit. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace New Business Commercial Underwriter in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nexus Trade Credit.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nexus Trade Credit's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nexus Trade Credit
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nexus Trade Credit.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nexus Trade Credit will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nexus Trade Credit employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
