Technical Underwriter / Inherent Defects Underwriter in London

Technical Underwriter / Inherent Defects Underwriter in London

London Full-Time 45000 - 55000 £ / year (est.) No working from home possible
The Huntsman Group

At a Glance

  • Tasks: Join a new team as a Technical Underwriter, driving improvements and analysing risk.
  • Company: Inclusive employer committed to diversity and innovation.
  • Benefits: 25 days annual leave, wellbeing days, bonuses, and private medical insurance.
  • Other info: Hybrid working model with excellent career growth opportunities.
  • Why this job: Supercharge your skills and make a real impact in the insurance industry.
  • Qualifications: Self-motivated with strong analytical and interpersonal skills.

The predicted salary is between 45000 - 55000 £ per year.

Location: UK / Hybrid

Permanent

Ready for a Challenge?

Are you an Insurance Underwriter looking to supercharge your skills and take your career to the next level? Our client is on the hunt for a talented Technical Underwriter (aka Inherent Defects Underwriter) to join their team. As a key player in this role, you'll be responsible for technical underwriting, policy wordings, and contractual documentation - the perfect opportunity to expand your expertise and make a real impact.

Responsibilities:

  • Drive improvements in quality and current practices
  • Ensure all legal, regulatory, and compliance requirements are met
  • Deliver top-notch internal technical underwriting services by evaluating and analysing applications to determine risk levels and cover limits
  • Use data analytics to identify patterns, trends, and areas for improvement in underwriting processes and pricing
  • Collaborate with the claims department to review and analyse claims data, identifying potential areas of underwriting improvement
  • Participate in internal and external audits to ensure underwriting practices comply with company standards and regulatory requirements
  • Contribute towards loss ratio control by effectively adhering to the company's plans
  • Perform other reasonable duties assigned by the Head of Technical Underwriting

What You'll Need:

  • Self-motivated with a pro-active approach
  • Excellent interpersonal and negotiation skills
  • Analytical skills
  • Good underwriting knowledge and experience

Perks & Benefits:

  • 25 days annual leave plus bank holidays (increasing to 30 days after 5 years of service)
  • 2 Wellbeing Days in addition to annual leave
  • Annual bonus
  • Excellent pension scheme
  • Private Medical Insurance
  • Enhanced Maternity/Paternity leave (after 2 years' service)

About Our Client:

Our client is an inclusive employer that celebrates diversity and promotes equity and inclusion in the workplace. They believe that diversity fosters innovation and resilience, and they're committed to building a diverse workforce that reflects the complexity of the world we live in.

Next Steps:

Ready to take the next step in your career? Send us your full CV, along with your availability to interview/start and salary expectations, and we'll set up a confidential conversation.

Technical Underwriter / Inherent Defects Underwriter in London employer: The Huntsman Group

Join an award-winning engineering consultancy in London, where you'll collaborate with top industry professionals on innovative projects that shape the built environment. With a strong focus on employee growth through structured career paths and a supportive work culture, you will enjoy competitive benefits including private medical schemes, generous annual leave, and opportunities for professional development, making this an excellent place to advance your career as a Principal Electrical Engineer.

The Huntsman Group

Contact Details:

The Huntsman Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Technical Underwriter / Inherent Defects Underwriter in London

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for a Technical Underwriter role. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by brushing up on your technical underwriting knowledge. Familiarise yourself with the latest trends and data analytics in the field. This will not only boost your confidence but also show potential employers that you're serious about the role.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values, especially those that promote diversity and inclusion. Check out our website for openings that match your skills and aspirations, and make sure to tailor your approach to each company.

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

We think you need these skills to ace Technical Underwriter / Inherent Defects Underwriter in London

Technical Underwriting
Policy Wordings
Contractual Documentation
Data Analytics
Risk Assessment
Claims Analysis
Legal Compliance

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Technical Underwriter role. Highlight your underwriting experience and any relevant skills that match the job description. We want to see how you can bring your unique flair to our team!

Showcase Your Skills:In your application, don’t just list your skills—show us how you've used them! Whether it's through data analytics or improving underwriting processes, give us examples that demonstrate your expertise and proactive approach.

Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so make sure your key points stand out. This will help us quickly see why you're a great fit for the role!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Let’s get the ball rolling on your next career move!

How to prepare for a job interview at The Huntsman Group

Know Your Underwriting Basics

Brush up on your underwriting knowledge before the interview. Be prepared to discuss technical aspects, policy wordings, and how you evaluate risk levels. This will show that you're not just familiar with the role but also passionate about it.

Showcase Your Analytical Skills

Since data analytics is a key part of this role, come ready to share examples of how you've used data to identify trends or improve processes in your previous positions. This will demonstrate your ability to contribute to the company's goals effectively.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific underwriting scenarios or compliance issues. Think through potential challenges and how you would address them, showcasing your problem-solving skills and proactive approach.

Highlight Your Interpersonal Skills

As collaboration with the claims department is crucial, be ready to discuss your experience working in teams. Share examples of successful negotiations or how you've built relationships in past roles to illustrate your interpersonal strengths.