At a Glance
- Tasks: Underwrite product recall solutions and manage relationships with brokers and clients.
- Company: Join Starr, a global leader in insurance and investment solutions.
- Benefits: First-class training, inclusive environment, and opportunities for career growth.
- Other info: Be part of a passionate team in a fast-growing global organisation.
- Why this job: Make a real impact in crisis management while developing your skills in a dynamic industry.
- Qualifications: Proven underwriting experience and strong communication skills required.
The predicted salary is between 50000 - 70000 £ per year.
About us
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
Role Purpose
Our Crisis Management team offer product recall solutions for a broad spectrum of product manufacturers including product contamination, auto and component recall liability, consumer goods recall, and others. Business is written on a global basis with primary focus on the USA. The key to success within this role will be a highly detailed and analytical underwriting approach, impactful relationship management and unparalleled sales skills. This is in addition to excellent organisational skills and the ability to think ahead and use initiative. You will need to thrive in a business development role and be able to demonstrate a skill for working with senior brokers/clients. You will need to take ownership of relationships and be confident these lead to profitable business.
Key Responsibilities
- Primarily underwrite the Product Recall section of the Crisis Management portfolio.
- Work closely with the Lead Underwriter to deliver the underwriting strategy for your class of business.
- Drive underwriting excellence across the Crisis Management book by ensuring adherence to risk appetite, lines setting, standards and guidelines, rating, and pricing adequacy.
- Ensure high quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.
- Provide a compelling and knowledgeable service offering to brokers and clients, making Starr a go-to Market for Crisis Management business.
- Lead and develop close relationships with our partner brokers.
- Cultivate business development initiatives to grow the portfolio profitably, where desired.
- Own the development of our underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
- A proven track record of profitable underwriting or broking performance.
- An excellent Market reputation in the Product Recall market.
- Meaningful Broker and Client relationships and the ability to develop business from a variety of sources.
- Excellent communication skills, and the ability to deal comfortably with different types of people at all levels of seniority.
- Demonstrable experience of managing risks appropriately, applying judgement and being prepared to own and take responsibility for your decisions.
- Experience in the use (and ideally the development) of online trading portals and/or other automated placement systems.
Core behavioural competencies
- Analysis and decision making
- Innovation and problem solving
- Strategic perspective
- Commerciality
- Communication and influence
- Resilience and adaptability
Additional Information
Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Underwriter, Crisis Management in London employer: Starr
Starr is an exceptional employer that fosters a dynamic and inclusive work culture, offering first-class training and development opportunities for its employees. As part of the Crisis Management team, you will engage in meaningful work that directly impacts businesses globally, while enjoying the benefits of a supportive environment that prioritises professional growth and strong relationships with clients and brokers.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Crisis Management in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential colleagues or mentors. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with someone from Starr or any other company, make sure to highlight your analytical skills and experience in crisis management. Share specific examples of how you've successfully managed risks or developed profitable business relationships.
✨Be Prepared for Interviews
Do your homework on Starr and the Crisis Management team. Understand their products and market position. Prepare to discuss how your background aligns with their needs, especially in underwriting and relationship management.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our talented team at Starr.
We think you need these skills to ace Underwriter, Crisis Management in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that align with the Underwriter role. Highlight your analytical approach, relationship management skills, and any relevant underwriting experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for crisis management and how your background makes you a perfect fit for our team. Don’t forget to mention why you want to work with Starr specifically.
Showcase Your Achievements:When detailing your experience, focus on specific achievements in underwriting or broking. Numbers speak volumes, so if you’ve increased profitability or improved processes, let us know!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our talented workforce!
How to prepare for a job interview at Starr
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the Product Recall market. Be prepared to discuss specific cases and how you approached risk assessment. This will show that you’re not just familiar with the theory but can apply it practically.
✨Build Rapport with Brokers
Since relationship management is key for this role, think about how you can demonstrate your ability to connect with brokers. Prepare examples of how you've successfully built and maintained relationships in the past, and be ready to discuss your approach to business development.
✨Showcase Your Analytical Skills
The role requires a detailed and analytical approach, so come prepared with examples of how you've used data to inform your decisions. You might want to bring along some insights or trends you've noticed in the market that could be relevant to Starr’s Crisis Management team.
✨Demonstrate Your Initiative
Think of instances where you've taken ownership of a project or relationship. Be ready to share how you’ve proactively identified opportunities or solved problems in your previous roles. This will highlight your ability to think ahead and adapt in a dynamic environment.
