At a Glance
- Tasks: Lead the underwriting process and manage broker submissions for W&I insurance.
- Company: Award-winning insurance company with a collaborative team culture.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Work in a vibrant London office with a supportive team.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: 10+ 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 Senior Underwriter to join its function, focusing on W&I Underwriting. 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; and 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.
- Ideally seeking someone with 10+ years of experience in Underwriting, ideally with 6+ years dedicated to W&I, or a qualified lawyer with significant exposure to W&I Underwriting.
- Based in the London (City) office 3-days per week.
Senior Underwriter - W&I in Slough employer: SSQ
Contact Detail:
SSQ Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - W&I in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those with W&I experience. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and recent trends in W&I underwriting. We want you to be able to discuss your insights confidently and show how you can add value to the team.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our award-winning team in London.
We think you need these skills to ace Senior Underwriter - W&I in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your W&I experience and any relevant skills. We want to see how your background aligns with the Senior Underwriter role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Share specific examples of your underwriting experience and how you’ve tackled challenges in the past.
Showcase Your Team Spirit: Since this role involves collaboration, let us know about your experiences working in teams. Highlight any instances where you’ve led projects or worked closely with others to achieve a common goal.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at SSQ
✨Know Your W&I Inside Out
Make sure you brush up on your knowledge of Warranty and Indemnity insurance. Be prepared to discuss specific cases you've worked on, the challenges you faced, and how you navigated them. This will show your depth of experience and understanding of the field.
✨Showcase Your Analytical Skills
As a Senior Underwriter, you'll need to demonstrate strong analytical abilities. Prepare examples of how you've assessed broker submissions or transaction documentation in the past. Highlight your thought process and decision-making skills during these analyses.
✨Prepare for Technical Questions
Expect technical questions related to underwriting processes and compliance. Review the latest guidelines and legal requirements in the industry. Being able to articulate your knowledge clearly will set you apart from other candidates.
✨Emphasise Team Collaboration
This role involves working closely with a team of underwriters and external legal counsel. Be ready to discuss your experience in collaborative environments. Share examples of how you've successfully worked with others to achieve common goals in underwriting.