At a Glance
- Tasks: Lead a team of Underwriters and manage the renewal underwriting process.
- Company: Dynamic insurance firm in Southend on Sea, Essex.
- Benefits: Generous salary and benefits package with career growth opportunities.
- Other info: Join a supportive team and make a real impact in the industry.
- Why this job: Shape the future of underwriting while developing your leadership skills.
- Qualifications: Commercial underwriting experience and strong leadership abilities required.
The predicted salary is between 41850 - 51150 £ per year.
As a Senior Underwriter, you will be responsible for managing a team of Underwriters and Assistant Underwriters and overseeing the renewal underwriting process. You will have expertise in evaluating risk, analysing policy renewals, and maintaining broker relationships. In addition, your strong leadership and people management skills will be crucial in guiding and developing a high-performing team.
The role will include a product suite consisting of commercial combined, property owners, retail package, primary liability, excess liability, contract works, contractors’ plant and equipment.
Responsibilities:
- Covering business and policies within Commercial Combined, Property Owners, Retail Package, General Liability, Contractors Liability.
- Maintain premium income per binder in line with projections and company strategy.
- Developing broker relationships to become a key referral point for brokers.
- Identifying renewal threats and assist handlers on renewal strategy.
- Ensure compliance with best practice procedures (processes and timescales).
- Review and update renewal template letters to brokers (invitations and document issuing).
- Filter referrals to insurers.
- A technical referral point for the renewals team.
Experience & Knowledge:
- Commercial underwriting experience is essential, specifically Property and Liability, ideally in all or some of the products mentioned above.
- Previous experience in setting clear goals and objectives, monitoring progress, and providing regular feedback and coaching to ensure team members’ growth.
- Excellent analytical and problem-solving skills, with the ability to evaluate complex risks and make informed decisions.
- Experience in dealing with Commercial brokers/ Insurers.
- Experience working in a small team in SME organisations.
- Experience in underwriting with delegated authority or underwriting licences.
- Proven track record of developing new and existing relationships with key brokers.
- Ability to work in a team and on own initiative.
- Experience in using software systems for underwriting and administration.
Skill Set:
- Exceptional Leadership and Management skills.
- Excellent organisation skills.
- Strong communication and interpersonal skills.
Generous Salary and Benefits Package.
Please submit your CV for consideration, or alternatively contact Su Partridge FIRP for further information.
Senior Underwriter in Chelmsford employer: The Recruiter Specialists
As an Insurance Account Advisor in Billericay, Essex, you will join a dynamic team that values employee growth and development, offering a supportive work culture where your contributions are recognised. With opportunities for networking and professional advancement, this role provides a meaningful career path in the insurance industry, all while enjoying the benefits of working in a vibrant community.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter in Chelmsford
✨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 Senior Underwriter in Chelmsford
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.
