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Junior Underwriter Competencies

Specialist Expertise

Below Standard

  • Appears to be unaware of personal strengths and weaknesses
  • Unconcerned with adding to existing knowledge
  • Pretends to have expertise when they do not

Standard

  • Keeps up-to-date with developments in the market
  • Develops and maintains specialist knowledge and expertise
  • Acts to improve both the depth and range of specialist knowledge
  • Recognises the limits of own knowledge and expertise

Strong

  • Demonstrates broad general knowledge beyond own area or the insurance industry
  • Seeks out appropriate specialist advice when necessary
  • Reflects on successes and failures
  • Learns from experiences and mistakes
  • Has a broad understanding of the main issues affecting the market in own specialist area
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Thinking

Below Standard

  • Preoccupied with current day-to-day operations to the exclusion of longer term issues
  • Fails to see the impact of (not obviously relevant) external events on the organisation

Standard

  • Systematically breaks down complex problems into component parts in order to reach a solution
  • Establishes priorities on the basis of short and long-term considerations
  • Finds ways to condense large amounts of information into a useful form

Strong

  • Thinks into the future and links it to today
  • Develops complex strategies to achieve broad organisational goals
  • Identifies patterns or trends and combines elements to provide new and pragmatic solutions
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Achievement & Drive

Below Standard

  • Frequently fails to meet deadlines
  • Does only what is required
  • Shows no concern with measuring personal performance
  • Takes on too much

Standard

  • Manages personal time and deals effectively with conflicting demands and priorities
  • Focuses own efforts and energy on achieving identified priorities and goals
  • Adapts approach in response to a changing situation or to overcome obstacles

Strong

  • Continually seeks to improve efficiency and performance
  • Sets priorities based on achieving maximum value
  • Commits to action or holds-back on the basis of short and long-term considerations
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Initiative

Below Standard

  • Is accepting of the status quo
  • Dismissive of new ideas from inside or outside the company / industry - "not invented here" syndrome
  • Gives up on projects or responsibilities

Standard

  • Takes action before being forced to by events
  • Does far more than minimally required by the job
  • Digs beneath the obvious to get at facts
  • Asks questions to clarify ambiguities or to get needed details
  • Is open to new ideas and possibilities

Strong

  • Acts decisively in dealing with opportunities or crises
  • Searches widely for useful ideas and potential opportunities
  • Catches what's in the wind
  • Personally investigates to really understand
  • Questions those closest to the issues
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Service Orientation

Below Standard

  • Concentrates on own abilities rather than market needs
  • Gives immediate "off the cuff" responses without probing for underlying needs or problems

Standard

  • Seeks information about the real needs in the market, beyond the obvious
  • Establishes clarity with interested parties regarding mutual expectations

Strong

  • Maintains clear lines of communication with all interested parties
  • Is honest about mistakes and builds "togetherness" in solving them
  • Keeps promises
  • Does not over-promise to colleagues or clients
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Impact & Influence

Below Standard

  • Unconcerned with the need for influencing
  • Says or does things without considering their effect on others
  • Makes political blunders
  • Acts solely out of a need for the approval of others

Standard

  • Adapts influencing style and approach as appropriate to the audience and situation
  • Presents complex arguments in an effective way
  • Modifies own behaviour / dress / language to make a particular impression on others, to help achieve a work-related objective

Strong

  • Establishes personal credibility and reputation in own organisation
  • Seeks to negotiate "win/win" arrangements
  • Offers flexible alternatives that address the other party's interests
  • Approaches new challenges with a positive "can-do" attitude
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Collaboration

Below Standard

  • A loner: selfish or uncooperative
  • Leaves colleagues to sort out difficult situations on their own
  • Unsympathetic
  • Offends others, makes them "close up"
  • Habitually misreads others' behaviour or intentions

Standard

  • Personable
  • Able to develop rapport easily with others
  • Listens "responsively" - is easy to talk to
  • Keeps colleagues informed, clear and up-to-date
  • Collaborates enthusiastically and effectively with colleagues

Strong

  • Meets regularly with colleagues and clients in order to develop relationships
  • Demonstrates understanding of the other person's point of view
  • Commits to the company's overall objectives rather than own departmental interests
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