VP, Delegated Authority Underwriting — UK Growth in London

VP, Delegated Authority Underwriting — UK Growth in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage delegated relationships and analyse risk exposures in a dynamic team.
  • Company: Join SOMPO, a leader in the insurance industry with a focus on growth.
  • Benefits: Collaborative environment with opportunities for career advancement.
  • Other info: Work in our vibrant London office with a focus on customer relationships.
  • Why this job: Make a significant impact in the delegated underwriting sector while developing your skills.
  • Qualifications: 15 years of underwriting experience and strong negotiation skills.

The predicted salary is between 60000 - 80000 £ per year.

SOMPO is seeking a VP, Delegated Authority Underwriter in our Delegated SME & Middle Market team. This role requires a minimum of 15 years of underwriting experience and significant expertise in the delegated underwriting sector.

Responsibilities include:

  • Managing delegated relationships
  • Ensuring the P&L for partners
  • Analyzing risk exposures

Strong negotiation and communication skills are essential for success. Join us in our London office where we foster a collaborative environment focusing on career growth and strong customer relationships.

VP, Delegated Authority Underwriting — UK Growth in London employer: Sompo

SOMPO is an exceptional employer that prioritises a collaborative work culture in our London office, where employees are encouraged to grow their careers while building strong customer relationships. With a focus on professional development and a commitment to excellence in the delegated underwriting sector, we offer unique opportunities for experienced professionals to thrive in a supportive environment.

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Contact Details:

Sompo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land VP, Delegated Authority Underwriting — UK Growth 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 Sompo). 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 Sompo. 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 VP, Delegated Authority Underwriting — UK Growth in London

Underwriting Experience
Delegated Underwriting Expertise
Risk Analysis
P&L Management
Relationship Management
Negotiation Skills
Communication Skills

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 Sompo.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sompo. 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 Sompo

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sompo 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 Sompo, 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 Sompo'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.