Job Title:
Senior Underwriter Lead
">
At our organisation, we are seeking an experienced Senior Underwriter to join our team. In this role, you will be responsible for developing and executing underwriting strategies that drive growth and margin improvement. You will also have the opportunity to build and maintain knowledge of the market, staying up-to-date with current affairs and trends.
]
Responsibilities:
* Contribute towards creating and executing an effective strategy for the product(s)
* Using your extensive market and product knowledge to inform the selection of your chosen risk appetite and to act as inputs to the pricing of the product(s)
* Having accountability for the financial performance of the product(s) and/or distribution(s)
* Leading and managing a team of Underwriters and Senior Underwriters
* Driving the development of trading activity through a wide range of new and existing relationships
The role is highly market visible, involving extensive broker contact when communicating our strategy, managing the financial performance of existing relationships and in seeking to broaden our market penetration. Success in the role requires extensive technical and trading expertise in our product(s) and frequent collaboration with other business functions to ensure that we leverage capabilities from across the business in delivering first class propositions to our chosen market.
Key responsibilities include working with the Underwriting Head and Senior Trading Underwriter (London) to develop the underwriting strategy for our product(s) and having accountability for executing that underwriting strategy. You will also work with the Underwriting Head and Product Manager to set the short and medium term financial plans for the product(s) and having accountability for the actions necessary to meet or exceed those financial plans.
]
Requirements:
* Extensive technical knowledge of the product(s), including the features of the product, factors that drive product performance, market dynamics which influence how the product is delivered and the requirements of customers using the product(s)
* To demonstrate gravitas and clarity of purpose which will give confidence to senior stakeholders, both internally and externally
* Detailed understanding of sophisticated pricing practices and methodologies with the ability and experience to help us constantly enhance our pricing capability, adding insight and innovation to how we build and utilise risk pricing
* Extensive knowledge of the legal, regulatory and compliance provisions that apply to the UK motor insurance market
* Clear understanding of the principles relating to risk management: ensuring that you are able to identify, monitor and manage the risks that threaten the achievement of your objectives and the future success of our business
We are looking for an individual who has a combination of skills, experiences and knowledge that will enable them to materially contribute to the development of our underwriting strategy and risk appetite and to the achievement of our short and longer term financial plans.
Benefits:
* Competitive Benchmarked Salary
* 25 days holiday
* Discretionary bonus scheme
* Employee assistance programme
* Annual holiday buy (up to 3 extra days)
* Salary sacrifice benefits
* Annual benefits reviews
* The option for professional qualifications and study support
],