At a Glance
- Tasks: Lead and manage the underwriting process for M&A and Title with a focus on W&I.
- Company: Join an award-winning insurance company with a collaborative culture.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Based in London, with a strong emphasis on teamwork and compliance.
- Why this job: Make a significant impact in a senior role within a dynamic team.
- Qualifications: 7+ years of underwriting experience, preferably with W&I focus.
The predicted salary is between 80000 - 100000 £ per year.
A leading, award-winning insurance company is recruiting a Head of M&A Underwriting to join its function, managing a small team and growing this team. As part of an established, growing function, this position reports to the Head of Underwriting globally.
Additional information and requirements:
- Sitting in a Team of 10 Underwriters working across M&A and Title, this position is a Senior role with a W&I focus.
- Leading and managing the underwriting process, including:
- analysis and assessment of broker submissions;
- preparing quotes for deals (in line with our underwriting appetite and guidelines);
- review and analysis of transaction documentation, due diligence reports and disclosure documentation;
- instructing and liaising with external legal counsel;
- drafting underwriting questions and hosting underwriting calls;
- drafting and negotiating policy coverage and terms;
- monitoring and managing status of accounts, financial exposure and premium collection;
- maintaining compliance with all internal and external underwriting guidelines and legal requirements.
- Varied role with a collaborative team, working across financial lines with an established and award-winning team.
- Based in the London (City) office 3-days per week.
Experience required:
- Ideally seeking someone with 7+ years of experience in Underwriting, ideally with 5+ years dedicated to W&I.
- Or a qualified lawyer with significant exposure to W&I Underwriting.
- Management or mentoring experience preferred.
Head of W&I Underwriting in Slough employer: SSQ
Join a leading, award-winning insurance company that values collaboration and professional growth. With a hybrid working model based in the vibrant City of London, employees benefit from a supportive work culture, opportunities for mentorship, and the chance to be part of a dynamic team focused on M&A and Title underwriting. This role not only offers competitive remuneration but also the unique advantage of working within an established function that encourages innovation and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Head of W&I Underwriting in Slough
✨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 SSQ). 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 SSQ. 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 Head of W&I Underwriting in Slough
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 SSQ.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at SSQ. 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 SSQ
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at SSQ 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 SSQ, 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 SSQ'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.
