Field Commercial Underwriter

Field Commercial Underwriter

City of London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us in underwriting and managing a diverse portfolio of (re)insurance business.
  • Company: Fidelis Partnership is a leading player in specialty and bespoke (re)insurance.
  • Benefits: Enjoy a collaborative culture that values diversity and offers career progression opportunities.
  • Why this job: Be part of a dynamic team that embraces innovation and inclusivity in the insurance sector.
  • Qualifications: Strong analytical skills and a passion for interpreting data are essential.
  • Other info: We prioritise diversity, equality, and inclusion in our workplace culture.

The predicted salary is between 43200 - 72000 Β£ per year.

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. The primary focus of this role is originating, modelling, administering, and underwriting a portfolio of (re)insurance business. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that Fidelis’ interests are properly managed and protected.

Key Responsibilities:

  • Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language.
  • Working cross class, including Airline, Hull War, Contingent All Risks, Contingent War, Aerospace & General Aviation.
  • Assist and work with risk modeling and pricing tools.
  • Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes/requirements.
  • Ensure accuracy and integrity of underwriting data in group underwriting systems.
  • Establish networks and maintain strong existing relationships with brokers and clients, with the ability to independently manage meetings.
  • Demonstrate excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles.

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.

Field Commercial Underwriter employer: The Fidelis Partnership

The Fidelis Partnership is an exceptional employer that champions a diverse and inclusive work culture, ensuring that every employee has equal opportunities for growth and career progression. Located in a dynamic sector of specialty (re)insurance, employees benefit from a collaborative environment where individual talents are valued, alongside access to cutting-edge risk modelling tools and the chance to engage with a wide range of clients and brokers. With a commitment to employee development and a focus on maintaining the highest standards of accuracy and integrity in underwriting, Fidelis offers a rewarding and meaningful career path for those looking to make a significant impact in the industry.
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Contact Detail:

The Fidelis Partnership Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Field Commercial Underwriter

✨Tip Number 1

Familiarise yourself with the specific lines of business that Fidelis focuses on, such as aviation, marine, and property. Understanding these sectors will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who have experience in specialty and reinsurance. Attend industry events or join relevant online forums to build connections that could provide insights or referrals.

✨Tip Number 3

Stay updated on market trends and regulatory changes affecting the insurance sector. Being knowledgeable about current events will show your commitment to the field and your ability to adapt to changes.

✨Tip Number 4

Highlight any experience you have with risk modelling and pricing tools during your discussions. If you can demonstrate your analytical skills and familiarity with these tools, it will set you apart from other candidates.

We think you need these skills to ace Field Commercial Underwriter

Underwriting Expertise
Risk Assessment
Data Analysis
Statistical Modelling
Market Research
Regulatory Knowledge
Relationship Management
Analytical Skills
Attention to Detail
Communication Skills
Negotiation Skills
Pricing Model Interpretation
Cross-Class Underwriting Knowledge
Problem-Solving Skills
Team Collaboration

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Field Commercial Underwriter. Familiarise yourself with the specific areas of specialty insurance mentioned in the job description, such as aviation, marine, and property.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the requirements of the role. Emphasise your analytical skills, knowledge of underwriting processes, and any experience with risk modelling and pricing tools.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of the importance of diversity and inclusion within the workplace. Mention how your background and experiences can contribute to the company's goals.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at The Fidelis Partnership

✨Understand the Role Thoroughly

Before the interview, make sure you have a solid grasp of what a Field Commercial Underwriter does. Familiarise yourself with the specific lines of business mentioned, such as aviation, marine, and property insurance. This will help you answer questions confidently and demonstrate your genuine interest in the role.

✨Showcase Your Analytical Skills

Given the emphasis on analytical skills in this role, be prepared to discuss your experience with data analysis and risk modelling. Bring examples of how you've used statistical tools or pricing models in previous roles to support your claims and show your capability.

✨Highlight Your Networking Abilities

The job requires strong relationships with brokers and clients. Be ready to talk about your existing networks and how you've successfully managed client meetings in the past. This will illustrate your ability to build and maintain professional relationships, which is crucial for this position.

✨Emphasise Diversity and Inclusion

Fidelis values diversity and inclusion highly. During the interview, express your understanding of these principles and share any experiences where you've contributed to a diverse workplace or supported inclusive practices. This will align you with the company's core values.

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