At a Glance
- Tasks: Manage your own portfolio and develop profitable schemes with strong broker relationships.
- Company: Join a modern, data-driven firm known for its success in specialist insurance.
- Benefits: Enjoy a competitive salary, bonus, hybrid working, and comprehensive perks like private medical care.
- Why this job: This role offers growth opportunities, a collaborative culture, and the chance to make an impact.
- Qualifications: Experience as an underwriter with strong analytical skills and relationship management is essential.
- Other info: Work in a vibrant London City office with advanced tech and flexible working options.
The predicted salary is between 36000 - 60000 £ per year.
Joining a business with a modern, data driven approach as Scheme Development Underwriter will move your career forwards. You’ll fly in the role allowing you to own and manage your portfolio, its growth and your own plan. The role sits within a schemes division known for its success and its market reputation. This is an opportunity to build on a set of established, profitable schemes and further develop a high-performing portfolio.
Location: London City (Hybrid Working)
Benefits:
- £45,000 - £60,000 + 15% bonus (with multipliers for over performance)
- Double-matched pension
- BUPA private medical & dental
- Sharesave scheme
- Life assurance & critical illness cover
- Sabbaticals & extra holiday for tenure
- Working for a modern firm using new techniques, strategies and tech to drive growth
- Joining a market leader in schemes and specialist insurance
The Schemes Development Underwriter Role:
- Build and maintain strong broker relationships to develop profitable schemes.
- Underwrite new and existing business on both a case-by-case basis and at account level.
- Monitor and manage your portfolio, identifying opportunities and making strategic adjustments.
- Refine and evolve underwriting guides to remain competitive.
- Lead broker workshops to share insights and strengthen underwriting knowledge.
- Ensure governance, compliance, and efficiency in underwriting practices.
- Take ownership of delivering profitable growth and a high-performing portfolio.
What We Are Looking For:
- Proven experience as an underwriter, ideally within commercial lines or schemes.
- Strong track record of building and managing broker relationships.
- Analytical mindset with the ability to interpret data and make informed decisions.
- Confidence in managing a portfolio and driving performance improvements.
- Collaborative approach with the ability to work independently.
What You’ll Get:
- £45,000 - £60,000 salary + 15% bonus (with multipliers for overperformance).
- Comprehensive benefits, including pension, medical, and lifestyle perks.
- Modern London City office with advanced tech and systems.
- Hybrid working model for flexibility and collaboration.
If you’re ready to take the next step as a Schemes Development Underwriter, we want to hear from you.
Scheme Development Underwriter employer: Stride Resource Management
Contact Detail:
Stride Resource Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Scheme Development Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in underwriting and schemes. Understanding the current market dynamics will help you speak confidently about how you can contribute to the company's success during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in underwriting and broker relationships. Attend relevant events or join online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed portfolios and built broker relationships in your previous roles. Highlighting your achievements will demonstrate your capability and fit for the role.
✨Tip Number 4
Research StudySmarter's approach to data-driven decision-making in underwriting. Being able to articulate how your analytical skills align with our modern techniques will set you apart from other candidates.
We think you need these skills to ace Scheme Development Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as an underwriter, particularly in commercial lines or schemes. Emphasise your track record of building broker relationships and managing portfolios.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific examples of how you've successfully managed portfolios and driven performance improvements in previous positions.
Showcase Analytical Skills: Since the role requires an analytical mindset, include examples in your application that demonstrate your ability to interpret data and make informed decisions. This could be through past projects or achievements.
Highlight Collaborative Experience: The job calls for a collaborative approach, so mention any experiences where you worked independently but also collaborated with teams or brokers to achieve common goals. This will show you can thrive in both settings.
How to prepare for a job interview at Stride Resource Management
✨Showcase Your Analytical Skills
As a Scheme Development Underwriter, you'll need to demonstrate your analytical mindset. Be prepared to discuss how you've used data to make informed decisions in previous roles. Bring examples of how your analytical skills have led to successful outcomes.
✨Highlight Relationship Management Experience
Building and maintaining strong broker relationships is key in this role. Share specific instances where you've successfully developed partnerships or managed client relationships. This will show your ability to thrive in a collaborative environment.
✨Prepare for Portfolio Management Questions
Expect questions about how you manage and monitor portfolios. Think about your strategies for identifying opportunities and making adjustments. Be ready to explain your approach to driving performance improvements.
✨Demonstrate Knowledge of Underwriting Practices
Familiarise yourself with current underwriting practices and trends in the industry. Be prepared to discuss how you would refine and evolve underwriting guides to remain competitive. This shows your commitment to staying ahead in the field.