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: We value diversity and inclusivity in our workforce.
- Why this job: Make impactful decisions in a dynamic environment while growing your career.
- Qualifications: Experience in commercial underwriting and a passion for building relationships.
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.
Contact: recruitment@pib-insurance.com
Underwriter 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
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with 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 technical knowledge and understanding of underwriting principles. We want you to showcase your expertise and how it aligns with Q Underwriting’s strategy.
✨Tip Number 3
Don’t just apply; engage! When you submit your application through our website, follow up with a quick email to express your enthusiasm. It shows initiative and keeps you on our radar.
✨Tip Number 4
Stay updated on industry trends and news. Being knowledgeable about the market will help you stand out in conversations and interviews, showing that you’re not just another candidate but a passionate professional.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in commercial underwriting and any specific achievements that align with our needs. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills match our requirements. We love seeing enthusiasm and a personal touch!
Showcase Your Broker Relationships:Since building strong relationships with brokers is key, mention any relevant experiences you've had. We want to know how you've successfully collaborated in the past and how you plan to do so with us!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at PIB Group Services Ltd.
✨Know Your Underwriting Stuff
Make sure you brush up on your technical knowledge related to commercial underwriting. Understand the key aspects of risk assessment, pricing, and the specific products offered by Q Underwriting. This will help you answer questions confidently and demonstrate your expertise.
✨Build Rapport with Brokers
Since strong broker relationships are crucial for this role, think about how you can showcase your experience in building and maintaining these connections. Prepare examples of successful collaborations or negotiations you've had in the past to illustrate your ability to foster professional relationships.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting. Practice articulating your thought process when analysing risk information and making underwriting decisions. This will show your analytical skills and how you align with the company's risk appetite.
✨Show Your Enthusiasm
Q Underwriting values energy and enthusiasm, so don’t hold back! Be prepared to discuss what excites you about the role and the company. Share your passion for underwriting and how you can contribute to the team’s success, as this will leave a positive impression on your interviewers.
