At a Glance
- Tasks: Underwrite individual risks and manage market dynamics in the insurance sector.
- Company: Leading international insurance firm with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with opportunities to mentor junior colleagues.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 5+ years of underwriting experience and strong technical knowledge of GL risks.
The predicted salary is between 60000 - 80000 £ per year.
Key Accountabilities & Role Requirements:
- Underwriting individual risks
- Managing market dynamics through the market cycle
- Pipeline and development of opportunities with key brokers
- Managing internal stakeholders
- Work within agreed Underwriting Authority and Westfield Specialty International Underwriting framework
- Deputise for the Head of International Liability where required
- Cross sell with other lines of business (particularly Property / FinPro)
- Working with colleagues to train and develop more junior colleagues
Skills & Competencies Required:
- Proven experience underwriting GL risks in the Lloyd's or international insurance market.
- Strong technical knowledge of GL related risk.
- Understanding of market cycles, broker dynamics, and regulatory environment within Lloyd's and global insurance markets.
- Excellent negotiation, communication, and presentation skills.
Qualifications & Experience:
- Minimum 5 years of underwriting experience in General Liability Insurance.
- ACII qualification (or working towards completion)
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Senior Underwriter, General Liability employer: Westfield
Contact Detail:
Westfield Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter, General Liability
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with General Liability. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of GL risks. Be ready to discuss market cycles and broker dynamics, as these are hot topics in the underwriting world. Show them you know your stuff!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills. Plus, it shows you’re genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Senior Underwriter, General Liability
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in underwriting General Liability risks. We want to see how your skills align with the job description, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Underwriter role. Mention your understanding of market cycles and broker dynamics, and how you can contribute to our team.
Showcase Your Technical Knowledge: We’re looking for someone with strong technical knowledge of GL-related risks. In your application, make sure to include specific examples that demonstrate your expertise and experience in the Lloyd's or international insurance market.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Westfield
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of General Liability risks, especially in the context of the Lloyd's market. Be prepared to discuss specific cases you've handled and how you navigated market dynamics.
✨Showcase Your Negotiation Skills
Since strong negotiation skills are crucial for this role, think of examples where you've successfully negotiated terms or managed broker relationships. Practise articulating these experiences clearly and confidently.
✨Understand the Bigger Picture
Familiarise yourself with the current trends in the insurance market, including regulatory changes and how they impact underwriting. This will show that you’re not just focused on individual risks but also understand the broader market landscape.
✨Prepare to Train and Lead
As part of the role involves training junior colleagues, be ready to discuss your mentoring experience. Think about how you can contribute to team development and share your insights on fostering a collaborative environment.