At a Glance
- Tasks: Join us as a Property Underwriter, assessing risks and managing portfolios daily.
- Company: Everywhen is a leading UK Commercial MGA focused on diverse insurance sectors.
- Benefits: Enjoy competitive salary, role-based incentives, and a supportive work environment.
- Why this job: Be part of a caring team that values your wellbeing and career growth.
- Qualifications: CII qualification preferred; property underwriting experience is a plus.
- Other info: We promote diversity and inclusion, ensuring everyone can thrive at work.
The predicted salary is between 36000 - 60000 Β£ per year.
Weβre on the hunt for a talented Property Underwriter to join our growing team based in our Colchester office. In this role, you will be responsible for acquiring and retaining profitable business while underwriting within delegated authority.
As the UK Commercial MGA for Everywhen; a Gold rated Investor in Customer insurance business Geo specialise in Agriculture, Construction, Property, Liability, Marine and Protection lines.
So, what does the role of a Property Underwriter here involve?
As a Property Underwriter you will provide a pivotal role in assessing and evaluating risks, managing portfolios, and driving underwriting results. Collaborating with your line manager, you will develop your own objectives but focus on all of the following:
- Underwrite renewal risks under a variety of delegated binding authorities.
- Handle mid-term adjustments.
- Ensure all renewal documents are accurately produced and recorded.
- Achieve a high quality of underwriting and record keeping.
- Negotiate renewals and proactively chase renewal confirmation.
- Maintain a profitable book of business.
- Develop and maintain professional and effective relationships with all key internal and external stakeholders.
What experience does an Underwriter need?
- Ideally CII qualified or working towards.
- Previous property underwriting experience.
- Experience of working within an MGA environment and an understanding of the use of binding authority guidelines and authorities would be advantageous.
- A working knowledge of legal and regulatory Insurance framework.
- IT Skills: Microsoft Outlook, Word, Excel, Power Point.
In return you will be welcomed and supported with opportunities to earn your annual salary plus a role-based incentive plan and grow your career. You will also be joining an organisation that cares about you as a person and your wellbeing.
So, what are you waiting for? Apply today and one of our team will be in touch.
#AIB #GEO
Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.
Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received. No Agencies please.
Click here here to see our standard benefits page
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Property & Combined Underwriter employer: The Ardonagh Group
Contact Detail:
The Ardonagh Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Property & Combined Underwriter
β¨Tip Number 1
Familiarise yourself with the specific types of property and combined insurance products that we offer. Understanding our portfolio will help you speak confidently about how your skills align with our needs during any discussions.
β¨Tip Number 2
Network with professionals in the insurance industry, particularly those who have experience in property underwriting or working within an MGA environment. This can provide you with valuable insights and potentially lead to referrals.
β¨Tip Number 3
Brush up on your negotiation skills, as this role involves negotiating renewals and managing relationships with stakeholders. Consider role-playing scenarios with a friend or mentor to build your confidence.
β¨Tip Number 4
Stay updated on the latest trends and regulations in the insurance sector, especially those affecting property underwriting. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during interviews.
We think you need these skills to ace Property & Combined Underwriter
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in property underwriting and any qualifications like CII. Use keywords from the job description to demonstrate that you meet the requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your previous experience in an MGA environment and how it aligns with the responsibilities outlined in the job description.
Highlight Key Skills: In your application, emphasise your IT skills, particularly with Microsoft Office tools, as well as your ability to manage relationships with stakeholders. This will show that you are well-equipped for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for an Underwriter.
How to prepare for a job interview at The Ardonagh Group
β¨Know Your Underwriting Basics
Brush up on your knowledge of property underwriting principles and practices. Be prepared to discuss your previous experiences in assessing risks and managing portfolios, as this will demonstrate your expertise in the field.
β¨Familiarise Yourself with the Company
Research Everywhen and their approach to insurance. Understanding their values, especially regarding diversity and inclusion, will help you align your answers with their company culture during the interview.
β¨Prepare for Scenario Questions
Expect to be asked about specific underwriting scenarios. Think through examples from your past experience where you successfully managed risks or negotiated renewals, and be ready to explain your thought process.
β¨Highlight Your IT Skills
Since the role requires proficiency in Microsoft Office applications, be sure to mention any relevant experience you have with these tools. You might even want to prepare a few examples of how you've used them effectively in your previous roles.