At a Glance
- Tasks: Underwrite commercial insurance and build relationships with brokers and insurers.
- Company: Friendly, family-owned underwriting agency with a supportive culture.
- Benefits: Job security, collaborative environment, and opportunities for career growth.
- Other info: Low employee turnover and a social working atmosphere.
- Why this job: Join a motivated team and make a real impact in the insurance industry.
- Qualifications: Experience in commercial and property insurance, strong interpersonal skills.
The predicted salary is between 42750 - 52250 £ per year.
This is an exciting role based within a busy Underwriting Agency. The role involves working in the Commercial Team as an Underwriter with experience in property underwriting. The individual will have a varied role that shall include handling renewals, new business & mid-term adjustments.
The team deal with Brokers and Insurers on a daily basis, placing business either on Delegated Authority Agreements or on a Wholesale submission basis. The class of Insurance is predominantly Property, Business Interruption, Employers, Public, Products Liability, Contract Works and Contractors Plant & Equipment; however, experience in all classes of commercial insurance would be considered valuable.
The role requires a flexible and adaptable approach to contribute equally to the successful development of the department in meeting its goals and objectives. The individual will report directly to the Commercial Director.
The ideal candidate will demonstrate:
- Excellent interpersonal skills
- Team player
- Highly motivated (a 'can do' approach)
- Punctuality
- Dedication
- Loyalty
You will have experience in:
- Team building
- Relationship building
- Problem solving
- Handling or underwriting commercial & property insurance
- Ability to work to targets
- Administration
- Dealing with Insurance Brokers / Insurers
- Developing relationships
Key duties:
- Underwriting a portion of the renewal & new business book
- Reporting to Commercial Director
- Developing relationships with a number of key brokers / Insurers
- Ensuring compliance with Delegated Authority Agreements (Binders) with Insurance Companies in conjunction with our Compliance Officer
- Assisting annual audit reviews
This is an excellent opportunity to join a highly motivated team. The office has a very friendly and social working environment with a very low employee turnover. The right employee can benefit from job security in this family-owned and run business with the opportunity to be a key player in this growing business.
If you are interested in this fantastic opportunity, please submit your CV for the hiring manager's attention.
Locations
Development Underwriter (Commercial Insurance) in Chelmsford, Essex employer: The Recruiter Specialists
As an Insurance Consultant in Billericay, Essex, you will join a dynamic team that values professional growth and offers comprehensive training to help you excel in your role. Our supportive work culture encourages collaboration and innovation, while our commitment to client satisfaction ensures that you will be engaged in meaningful work that directly impacts our clients' lives. With opportunities for networking and involvement in community events, this position not only promises career advancement but also a chance to make a difference in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Development Underwriter (Commercial Insurance) in Chelmsford, Essex
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Recruiter Specialists). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Recruiter Specialists. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Development Underwriter (Commercial Insurance) in Chelmsford, Essex
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Recruiter Specialists.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Recruiter Specialists. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Recruiter Specialists
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Recruiter Specialists to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Recruiter Specialists, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Recruiter Specialists's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
