At a Glance
- Tasks: Join our team to shape underwriting strategies and manage commercial property risks.
- Company: Dynamic insurance firm focused on innovation and inclusivity.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth and to lead diverse teams.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 50000 - 65000 € per year.
Responsibilities
- Responsible for the contribution towards and implementation of the underwriting strategy within the Underwriting Team.
- Executes and monitors the underwriting activities with regular contact with the Underwriting Management Team.
- In liaison with the Head of Commercial Property, is responsible for the execution of the International Strategy.
Results
- Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
- Proactively manages renewals, renewal change, and new business to achieve premium plan.
- Executes portfolio management strategies to drive a better loss ratio and achieve plan.
- Proactively manages direct commissions and direct expenses to achieve plan.
Underwriting and Compliance
- Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
- Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
- Works collaboratively with support areas to meet service standards.
Distribution/Customer Management
- In collaboration with Underwriting Leadership, proactively manages distribution partners.
- Acts as broker liaison for assigned products.
- Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
Leadership and Personal Development
- Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
- Acts as product line expert for area of expertise.
- Organises and provides technical training to junior personnel.
- Promotes a diverse and inclusive culture.
- Acts as an effective role model for others.
- Performs training within agreed timeframes.
Qualifications
- Extensive underwriting experience and knowledge in the Class of Business.
- Sound commercial and financial knowledge.
- Knowledge of the insurance regulatory environment.
- Strong communication, negotiation and interpersonal skills.
- Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
- Ability to exercise individual judgment and effectively make sound business decisions.
- Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
- Outcome focused, self-motivated, flexible and enthusiastic.
- Ability to work within and promote a diverse and inclusive culture.
Commercial Property Underwriter employer: W. R. Berkley Corporation
As a leading employer in the insurance sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Commercial Property Underwriters benefit from comprehensive training programmes, competitive remuneration, and a collaborative environment that encourages innovation and excellence. Located in a vibrant area, our team enjoys not only professional fulfilment but also a balanced lifestyle, making us an attractive choice for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Property Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. 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 researching the company and its underwriting strategies. Be ready to discuss how your experience aligns with their goals, especially around managing renewals and improving loss ratios. Show them you mean business!
✨Tip Number 3
Don’t just wait for job postings—be proactive! Reach out directly to companies you’re interested in, even if they don’t have open positions. Express your enthusiasm for their work and how you can contribute to their underwriting team.
✨Tip Number 4
Utilise our website to apply for roles that catch your eye. We’ve got a range of opportunities waiting for you, and applying through us gives you a better chance to stand out. Let’s get you that dream job in commercial property underwriting!
We think you need these skills to ace Commercial Property Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Commercial Property Underwriter role. Highlight your underwriting experience and any relevant achievements to show us you’re the right fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our strategy. Keep it engaging and personal – we want to get to know you!
Showcase Your Communication Skills:Since strong communication is key for this role, make sure your application is clear and concise. Use professional language but let your personality come through – we love a bit of character!
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 don’t miss out on any important updates from our team!
How to prepare for a job interview at W. R. Berkley Corporation
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the commercial property sector. Be prepared to discuss specific underwriting strategies and tools you've used in the past, as well as how you've managed risks and pricing decisions.
✨Showcase Your Communication Skills
Since strong communication is key for this role, practice articulating your thoughts clearly. Think of examples where you've effectively liaised with brokers or managed distribution partners, and be ready to share these during the interview.
✨Demonstrate Your Analytical Prowess
Prepare to discuss how you've tackled complex problems in previous roles. Bring examples that highlight your analytical skills and ability to prioritise conflicting demands, as this will show your potential employer that you can handle the pressures of the job.
✨Emphasise Team Leadership and Development
If you've had experience managing or training staff, make sure to highlight this. Discuss how you've developed performance objectives and feedback loops, as well as how you promote a diverse and inclusive culture within your team.
