At a Glance
- Tasks: Lead underwriting for clients, analyse property submissions, and build strong client relationships.
- Company: Join a dynamic insurance company in London, known for its innovative approach and market expertise.
- Benefits: Enjoy a permanent role with opportunities for UK and international travel, plus professional development.
- Why this job: This role offers a blend of client interaction and technical challenges in a vibrant market environment.
- Qualifications: A university degree is essential; industry designations like ACII or CPCU are a plus.
- Other info: Ideal for those with a proven track record in the re/insurance market and strong industry connections.
The predicted salary is between 43200 - 72000 £ per year.
The primary responsibility of this role is a mix of underwriting and client interaction – two dynamic areas requiring flexibility of approach and a detailed knowledge of the market environment you operate within
- Location: London
- Type: Permanent
Key Duties (Including but not limited to):
- Underwriting for new and existing clients in accordance with the Company underwriting philosophy
- Analyse and access Property submissions in respect of coverage and risk hazards, determine capacity and offer proposals for lead or follow business
- Broker and cedant visits/calls to develop relationships with individual client contacts
- Build and maintain knowledge of the geographic markets you operate in with respect to wording, law, regulation as well as brokers and competitors
- A University Degree required; professional re/insurance designations such as ACII or CPCU would be an asset
- Currently working in the market with a good track record and have contacts with both cedants and brokers
- Proven ability to market to individuals in the industry at all levels
- High degree of technical competence for property class
- UK & international travel is expected for this position
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Underwriting Director, Facultative – 28794 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Director, Facultative – 28794
✨Tip Number 1
Network actively within the insurance industry, especially with brokers and cedants. Attend industry events and seminars to meet potential contacts who could help you get noticed for this role.
✨Tip Number 2
Stay updated on market trends and regulatory changes in the property insurance sector. This knowledge will not only boost your confidence during interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss specific examples of your underwriting experience and how you've successfully managed client relationships. Tailoring your anecdotes to reflect the dynamic nature of the role will make you stand out.
✨Tip Number 4
Research StudySmarter's company culture and values. Understanding our mission and how it aligns with your professional goals can help you articulate why you're a great fit for the Underwriting Director position.
We think you need these skills to ace Underwriting Director, Facultative – 28794
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Underwriting Director position. Familiarise yourself with underwriting processes and client interaction strategies to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in underwriting and client relationship management. Provide specific examples of how you've successfully managed property submissions and built relationships with brokers and cedants.
Showcase Technical Competence: Demonstrate your technical knowledge in property underwriting. Mention any relevant qualifications, such as ACII or CPCU, and discuss your familiarity with market regulations and competitors to show you are well-prepared for the role.
Personalise Your Application: Tailor your cover letter to reflect your understanding of the company’s underwriting philosophy and how your skills align with their needs. Mention your willingness to travel and engage with clients, as this is a key aspect of the role.
How to prepare for a job interview at The Emerald Group
✨Showcase Your Underwriting Knowledge
Make sure to demonstrate your understanding of underwriting principles and the specific market environment. Be prepared to discuss recent trends in property insurance and how they might impact your approach.
✨Highlight Client Interaction Skills
Since this role involves significant client interaction, share examples of how you've successfully built and maintained relationships with clients. Discuss your communication style and how you adapt it to different stakeholders.
✨Prepare for Technical Questions
Expect technical questions related to property submissions and risk assessment. Brush up on your knowledge of coverage, risk hazards, and the underwriting philosophy of the company to answer confidently.
✨Demonstrate Market Awareness
Research the geographic markets relevant to the role. Be ready to discuss competitors, brokers, and any recent regulatory changes that could affect the industry. This shows your proactive approach and commitment to staying informed.