At a Glance
- Tasks: Underwrite new and renewal business while collaborating with colleagues and brokers.
- Company: A growing MGA in the financial markets trading sector.
- Benefits: Competitive salary, remote work options, and opportunities for professional growth.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Degree in Accounting and experience in Professional Indemnity Underwriting.
- Other info: Flexible working environment with a focus on career development.
The predicted salary is between 30000 - 70000 £ per year.
Our client is looking for a Senior Credit Controller Reinsurance Accounting Technician to £50,000. We are looking for a graduate with a Degree in Accounting. Our client is a Global Financial Markets Trading Company and a small Exchange based Trading and Broking firm.
A exciting opportunity for this well-established but growing MGA, whilst the organisation is based in the South East of the UK, they are very open to candidates wishing to work remotely. As an Underwriter within the PI team, you will produce and underwrite new and renewal business. You will also be responsible for interacting and collaborating with colleagues internally and building and maintaining good broker relationships. An interest in Cyber would be an advantage. Previous experience in D&O would be highly advantageous.
Duties:
- Dealing with SMEs directly across the country, through a network of direct customers and insurance brokers that feed business to underwrite.
- On pre-agreed accounts, actively participate and support Development and Renewal Underwriters in new business, renewal and mid-term alteration underwriting activities that support underwriting decisions, consistent with business growth and profit.
- Accountable for accurate underwriting documentation/information in account management systems and adherence to documentation standards.
- Understand, embrace, support and execute underwriting strategies and principles to produce budgeted results.
- In-House Underwriting - Underwriting to strictly reflect the rules and guidelines of the team and in accordance with the financial goals of the team.
- Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine the degree of risk for each account.
- Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
- Achieve optimum client retention through handling renewals.
Professional Indemnity Underwriting experience- employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Professional Indemnity Underwriting experience-
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and underwriting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to Professional Indemnity Underwriting and think of examples from your experience that align with their values. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in underwriting and how it relates to the role. The more comfortable you are, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Professional Indemnity Underwriting experience-
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the job description. Highlight your relevant experience in Professional Indemnity Underwriting and any specific skills that match what our client is looking for. We want to see how you fit into the role!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in accounting and underwriting makes you the perfect fit. Keep it engaging and personal – we love to see your personality!
Showcase Relevant Experience: When detailing your experience, focus on your achievements in previous roles, especially those related to underwriting and risk assessment. We want to know how you've contributed to business growth and client retention in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Stuff
Make sure you brush up on your Professional Indemnity Underwriting knowledge. Understand the key principles, recent trends, and any relevant regulations. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your underwriting experience, especially with SMEs and D&O. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to see your impact.
✨Build Rapport
Since relationship management is crucial in this role, practice how you can connect with your interviewers. Be friendly, ask insightful questions about their team dynamics, and express your enthusiasm for collaborating with brokers and colleagues.
✨Ask Smart Questions
Prepare thoughtful questions that demonstrate your understanding of the company and the industry. Inquire about their underwriting strategies, how they handle risk assessment, or their approach to client retention. This shows you're not just interested in the job, but also in contributing to their success.