At a Glance
- Tasks: Underwrite commercial insurance risks and build strong broker relationships.
- Company: Join Q Underwriting, part of PIB Group, a leader in specialist underwriting.
- Benefits: Enjoy hybrid working, a supportive culture, and a focus on wellbeing.
- Other info: Be part of a diverse team committed to inclusivity and professional growth.
- Why this job: Make impactful decisions in a dynamic environment while growing your career.
- Qualifications: Experience in commercial underwriting and strong relationship-building skills.
The predicted salary is between 40000 - 50000 £ per year.
Q Underwriting part of PIB Group brings together multiple specialist underwriting brands with deep heritage in their niches, offering over 30 in‑house underwritten, A‑rated commercial products that brokers can trade seamlessly. The role involves underwriting a portfolio of commercial insurance risks in line with Q Underwriting’s strategy, risk appetite and authority levels, delivering profitable growth through high‑quality risk selection, technical underwriting and excellent broker relationships while ensuring compliance with all regulatory and internal standards.
Responsibilities
- Assess, price and underwrite new business, renewals and MTAs within delegated authority.
- Provide a high standard of customer service, supported by a strong level of technical knowledge.
- Analyse risk information, financials, claims experience and survey reports to make sound underwriting decisions.
- Structure and negotiate terms, conditions, endorsements and limits in line with product wordings and underwriting guides.
- Refer cases outside personal authority with clear rationale and recommendations.
- Build and maintain strong, professional relationships with key brokers and partners.
Qualifications
- Experience in a commercial underwriting role within an insurer, MGA or broker with underwriting authority.
- Previous experience of underwriting new and existing property business.
- Proven track record of managing a profitable book and achieving underwriting KPIs.
- Experience of working closely with brokers to develop and retain business.
- Real presence, drive, energy and enthusiasm to contribute to the team.
Benefits
- Supportive, people‑focused culture with emphasis on wellbeing and work‑life balance.
- Hybrid and flexible working options, in line with business needs and team requirements.
- Modern, collaborative working environment within a growing specialist underwriting business.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
Underwriter in London employer: PIB Group Services Ltd.
Q Underwriting, part of PIB Group, is an exceptional employer that prioritises a supportive and people-focused culture, ensuring employee wellbeing and work-life balance. With hybrid and flexible working options, employees thrive in a modern, collaborative environment that fosters professional growth and development within the specialist underwriting sector. Join us to be part of a diverse and inclusive workforce where your contributions are valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like PIB Group Services Ltd.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like PIB Group Services Ltd.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter in London
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 PIB Group Services Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at PIB Group Services Ltd.. 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 PIB Group Services Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at PIB Group Services Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
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!
✨Prepare for Behavioural Questions
As a full-timer at PIB Group Services Ltd., 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 PIB Group Services Ltd.'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.