At a Glance
- Tasks: Lead underwriting of complex property accounts and manage high-value portfolios.
- Company: Join a dynamic team in Manchester, focused on profitable growth in property insurance.
- Benefits: Enjoy a six-figure salary, comprehensive benefits, and career progression opportunities.
- Why this job: Be part of a strategic team, build relationships, and make an impact in the insurance industry.
- Qualifications: Extensive property underwriting experience and strong analytical skills required.
- Other info: Professional qualifications like ACII or FCII are highly desirable.
The predicted salary is between 72000 - 120000 £ per year.
Location: Manchester, United Kingdom
Salary: Six-figure salary for the right candidate
Job Purpose: To lead the underwriting of complex property accounts, ensuring profitable growth and compliance with company policies. The role involves managing high-value portfolios, building strong relationships with brokers, and contributing to the strategic development of the property underwriting division.
Key Responsibilities:
- Underwrite and manage a portfolio of property accounts, ensuring profitability and adherence to underwriting guidelines.
- Evaluate and analyse risks, providing expert recommendations and solutions.
- Develop and maintain strong relationships with brokers, clients, and other stakeholders to drive business growth.
- Act as a referral point for junior underwriters, providing guidance and support.
- Collaborate with the actuarial and claims teams to ensure accurate pricing and risk assessment.
- Monitor market trends and competitor activities to identify opportunities and threats.
- Contribute to the development of new products and underwriting strategies.
- Ensure compliance with regulatory requirements and company policies.
Skills and Qualifications:
- Extensive experience in property underwriting, with a proven track record of managing high-value accounts.
- Strong analytical and decision-making skills.
- Excellent communication and negotiation abilities.
- In-depth knowledge of property insurance products and market practices.
- Relevant professional qualifications, such as ACII or FCII, are highly desirable.
- Ability to work independently and as part of a team in a fast-paced environment.
Benefits:
- Competitive six-figure salary (DOE), commensurate with experience and qualifications.
- Comprehensive benefits package, including pension, healthcare, and performance bonuses.
- Opportunities for professional development and career progression.
Senior Property Underwriter employer: ProFound
Contact Detail:
ProFound Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Property Underwriter
✨Tip Number 1
Network with professionals in the property underwriting field. Attend industry events, webinars, or local meetups to connect with brokers and other underwriters. Building these relationships can give you insights into the role and potentially lead to referrals.
✨Tip Number 2
Stay updated on market trends and competitor activities. Subscribe to industry publications or follow relevant online forums. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss your experience with high-value accounts in detail. Be ready to share specific examples of how you've managed risks and contributed to profitability in previous roles. This will showcase your expertise and suitability for the position.
✨Tip Number 4
Consider obtaining relevant professional qualifications if you haven't already. Credentials like ACII or FCII can significantly enhance your profile and show your dedication to the profession, making you a more attractive candidate.
We think you need these skills to ace Senior Property Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in property underwriting. Focus on your track record of managing high-value accounts and any relevant qualifications like ACII or FCII.
Craft a Compelling Cover Letter: In your cover letter, emphasise your analytical skills and decision-making abilities. Mention specific examples of how you've successfully evaluated risks and built relationships with brokers.
Showcase Relevant Experience: When detailing your work history, include specific achievements related to underwriting complex property accounts. Use metrics where possible to demonstrate your impact on profitability and compliance.
Research the Company: Familiarise yourself with the company's values, culture, and recent developments in the property insurance market. This knowledge will help you tailor your application and prepare for potential interviews.
How to prepare for a job interview at ProFound
✨Showcase Your Expertise
As a Senior Property Underwriter, it's crucial to demonstrate your extensive experience in managing high-value accounts. Be prepared to discuss specific examples of complex property accounts you've underwritten and the strategies you employed to ensure profitability.
✨Build Rapport with Brokers
Since building strong relationships with brokers is key to this role, think of ways to highlight your interpersonal skills. Share anecdotes that illustrate how you've successfully collaborated with brokers in the past to drive business growth.
✨Demonstrate Analytical Skills
The ability to evaluate and analyse risks is vital for this position. Prepare to discuss your analytical approach to underwriting and provide examples of how your recommendations have positively impacted previous portfolios.
✨Stay Informed on Market Trends
Being aware of market trends and competitor activities is essential. Research current trends in property insurance and be ready to discuss how these insights could influence your underwriting strategies and contribute to the company's growth.