At a Glance
- Tasks: Drive underwriting strategy and manage risks for commercial property.
- Company: Dynamic insurance firm focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working, and opportunities for personal growth.
- Other info: Join a diverse team with a commitment to inclusivity and professional development.
- Why this job: Shape the future of commercial property insurance while developing your skills.
- Qualifications: Experience in underwriting and strong communication skills required.
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 in London employer: WR Berkley
As a leading employer in the insurance sector, we offer our Commercial Property Underwriters a dynamic work environment that fosters professional growth and development. Our commitment to diversity and inclusion, coupled with comprehensive training programmes, ensures that every employee can thrive and contribute meaningfully to our strategic goals. Located in a vibrant area, we provide competitive benefits and a collaborative culture that values innovation and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Property Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect 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 culture. Understand their underwriting strategy and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates. Let’s get you that dream job!
We think you need these skills to ace Commercial Property Underwriter in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience and any relevant achievements that align with our needs at StudySmarter.
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 Commercial Property Underwriter role. Be sure to mention your understanding of underwriting strategies and how you can contribute to our team.
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 shine through – we want to see the real you!
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 WR Berkley
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the commercial property sector. Be ready to discuss specific underwriting strategies and how you've successfully implemented them in the past. This shows you're not just familiar with the basics but can also contribute to their team effectively.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving skills. Think of situations where you had to make tough decisions under pressure or manage conflicting demands. Being able to articulate these experiences will demonstrate your ability to handle the complexities of the role.
✨Communicate Like a Pro
Since strong communication is key, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've managed relationships with brokers or distribution partners in the past. This will show that you can effectively liaise with stakeholders at various levels.
✨Emphasise Your Leadership Qualities
If you've had experience managing teams or mentoring junior staff, be sure to highlight this during the interview. Discuss how you've developed others and promoted an inclusive culture. This will resonate well, as they value leadership and personal development in their candidates.
