At a Glance
- Tasks: Engage in underwriting and client interactions while analysing property submissions.
- Company: Join a leading firm in the re/insurance industry based in London.
- Benefits: Enjoy a permanent role with opportunities for UK and international travel.
- Why this job: Be part of a dynamic team, build relationships, and enhance your market knowledge.
- Qualifications: A University Degree is required; ACII or CPCU designations are a plus.
- Other info: Ideal for those with a strong track record and industry contacts.
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 (London) 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 (London)
✨Tip Number 1
Network actively within the insurance industry, especially with brokers and cedants. Attend industry events, seminars, and conferences in London to meet potential contacts and showcase your expertise.
✨Tip Number 2
Stay updated on the latest trends and regulations in the property insurance market. This knowledge will not only help you in interviews but also demonstrate your commitment to the role and the industry.
✨Tip Number 3
Prepare to discuss specific examples of your underwriting experience and how you've successfully managed client relationships. Tailoring your conversation to highlight your achievements will make a strong impression.
✨Tip Number 4
Research StudySmarter's company culture and values. Understanding our mission and how you can contribute will help you align your approach during discussions and show that you're a great fit for the team.
We think you need these skills to ace Underwriting Director, Facultative - 28794 (London)
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 principles and the specific requirements mentioned in the job description.
Tailor Your CV: Highlight your relevant experience in underwriting and client interaction. Emphasise any professional re/insurance designations you hold, such as ACII or CPCU, and ensure your CV reflects your track record in the industry.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the market environment and your ability to build relationships with clients. Mention specific examples of how you've successfully managed underwriting processes and client interactions in the past.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application demonstrates attention to detail, which is crucial for an underwriting role.
How to prepare for a job interview at The Emerald Group
✨Know Your Underwriting Fundamentals
Make sure you have a solid understanding of underwriting principles, especially in the property sector. Be prepared to discuss your experience with risk assessment and how you've successfully managed underwriting for both new and existing clients.
✨Demonstrate Market Knowledge
Familiarise yourself with the current market environment, including trends, regulations, and key players. Being able to discuss recent developments or changes in the market will show that you're proactive and well-informed.
✨Build Rapport with Clients
Since client interaction is a key part of this role, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully developed and maintained relationships with brokers and cedants in the past.
✨Highlight Your Technical Competence
Be ready to showcase your technical knowledge related to property underwriting. Discuss specific cases where your expertise made a difference in decision-making or proposal offerings, as this will highlight your capability for the role.