Describe a situation where you had to resolve a conflict within your team.
Underwriting Manager Interview Questions
Sample answer to the question
In a previous role as an Underwriting Manager, I encountered a conflict within my team when two underwriters had a disagreement over the risk assessment of a complex application. To resolve the conflict, I invited both underwriters for a meeting and provided them with a platform to express their concerns and perspectives. I actively listened to both parties, asking clarifying questions to understand their viewpoints. After gathering all the necessary information, I facilitated a negotiation session where both underwriters had the opportunity to present their arguments and propose potential solutions. With my guidance, they were able to find common ground and collaboratively reach a resolution that satisfied both parties. Throughout the process, I remained neutral and unbiased, focusing on fostering open communication and mutual respect. This conflict resolution not only resolved the immediate issue but also improved the overall teamwork and collaboration in the team.
A more solid answer
As an Underwriting Manager, I faced a conflict within my team involving differences in risk assessment for a complex application. Two underwriters held opposing views on the risk level, which was impeding progress. To address the conflict, I scheduled a team meeting and encouraged open communication. During the meeting, I ensured that both underwriters had the opportunity to present their arguments and supporting evidence. I actively listened to their concerns, asked clarifying questions, and facilitated a constructive discussion. To facilitate resolution, I encouraged them to find common ground and propose potential solutions. By acting as a mediator, I helped them reach an agreement that considered both viewpoints and aligns with our risk management strategy. This conflict resolution enhanced collaboration and trust within the team, leading to improved decision-making and overall performance.
Why this is a more solid answer:
The solid answer provides a more detailed description of the conflict situation, including the problem, the individual's role as an Underwriting Manager, and the impact of the resolution on the team's collaboration and performance. It demonstrates effective communication skills, problem-solving abilities, and leadership qualities. However, it could still be improved by providing more specific examples of the negotiation and problem-solving techniques used during the conflict resolution.
An exceptional answer
In my role as an Underwriting Manager, I encountered a conflict within my team related to a complex application's risk assessment. Two experienced underwriters had differing opinions on the risk level, leading to delays and frustration. To address this conflict, I initiated a two-step approach. First, I arranged individual meetings with each underwriter to understand their perspectives comprehensively. During these meetings, I asked open-ended questions, actively listened, and acknowledged their expertise. This individual attention allowed them to express their concerns fully and feel valued. After gathering the necessary insights, I scheduled a team meeting focused on collaborative problem-solving. I facilitated a structured discussion using the Harvard Negotiation Project's principles, encouraging both underwriters to explain the rationale behind their assessments and consider alternative viewpoints. This process fostered a mutual understanding of the underlying factors influencing their differing opinions. Through careful facilitation, I helped them explore common ground and jointly agree on a revised risk assessment that incorporated elements from both positions. This resolution reduced tension and enhanced trust within the team, resulting in improved collaboration and timely decision-making. To mitigate future conflicts, I implemented a regular peer-review system, where underwriters would periodically review each other's risk assessments to ensure objectivity and foster continuous improvement.
Why this is an exceptional answer:
The exceptional answer provides a comprehensive description of the conflict situation, highlighting the candidate's ability to understand individuals' perspectives, use negotiation techniques, and implement long-term solutions. It demonstrates exceptional communication, problem-solving, and leadership skills. The answer includes specific details about the individual meetings, the structured team meeting, and the implementation of a peer-review system to prevent future conflicts. It also references a well-known negotiation model, the Harvard Negotiation Project, to showcase the candidate's knowledge and application of effective negotiation techniques.
How to prepare for this question
- Reflect on your past experiences and identify conflicts you have successfully resolved within a team.
- Highlight conflicts related to risk assessment, decision-making, or collaborative processes to align with the underwriting manager role.
- Emphasize your ability to remain neutral and unbiased while actively listening to conflicting parties.
- Familiarize yourself with negotiation techniques and models such as principled negotiation or the Harvard Negotiation Project.
- Prepare examples of conflict resolution where the outcome had a positive impact on team collaboration and performance.
What interviewers are evaluating
- Communication and interpersonal skills
- Problem-solving and negotiation
- Leadership and team management
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