At a Glance
- Tasks: Evaluate applications, analyse risks, and improve underwriting processes.
- Company: Inclusive employer in Manchester promoting diversity and innovation.
- Benefits: 25 days leave, wellbeing days, annual bonus, 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 40000 - 50000 £ per year.
Location: Manchester/ 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 in Manchester. 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 Manchester employer: The Huntsman Group
Contact Detail:
The Huntsman Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Underwriter / Inherent Defects Underwriter in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss policy wordings and risk assessment confidently. We recommend practising common interview questions with a mate to get comfortable.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data analytics in past roles to improve underwriting processes. This will really impress potential employers and show them you're the right fit.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Technical Underwriter / Inherent Defects Underwriter in Manchester
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 drive improvements and deliver top-notch services!
Showcase Your Skills: In your application, don’t just list your skills—show us how you've used them! Whether it's your analytical prowess or your negotiation skills, give us examples of how you've made an impact in previous roles.
Be Clear and Concise: Keep your application clear and to the point. We appreciate a well-structured CV and cover letter that gets straight to the heart of why you're the perfect fit for this role. Remember, less is often more!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Let’s get started on this exciting journey together!
How to prepare for a job interview at The Huntsman Group
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge before the interview. Familiarise yourself with the latest trends in technical underwriting and inherent defects. Being able to discuss specific examples of how you've evaluated risk levels or improved processes will show you're not just knowledgeable, but also passionate about the field.
✨Show Off Your Analytical Skills
Since data analytics is a big part of this role, be prepared to talk about how you've used data to identify patterns or improve underwriting processes in the past. Bring along any relevant examples or case studies that demonstrate your analytical prowess – it’ll make you stand out!
✨Prepare for Scenario Questions
Expect to face scenario-based questions that test your problem-solving skills. Think about situations where you've had to negotiate terms or collaborate with other departments, like claims. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Emphasise Your Proactive Approach
The job description highlights the need for a self-motivated and proactive candidate. Be ready to share instances where you've taken the initiative to drive improvements or implement changes in your previous roles. This will demonstrate that you’re not just a follower but a leader in your own right.