Senior Trading Underwriter Role Overview
The Senior Trading Underwriter plays a pivotal role in devising and executing an effective strategy for the product(s) to drive growth, margin enhancement, and market positioning.
Key Responsibilities
* Contribute to underwriting strategy development, ensuring sustained growth and margin improvement.
* Formulate short and medium-term financial plans for the product(s), with accountability for meeting or exceeding those plans.
* Build and maintain knowledge of the market, encompassing legal, economic, competitive, and socio-demographic factors.
* Collaborate closely with broker partners to develop the portfolio, meeting or exceeding financial plans.
* Underwrite risks in accordance with underwriting appetite, refining it to take advantage of market opportunities.
* Function as a point of technical referral, leveraging extensive risk, product, and pricing knowledge to inform decisions.
* Provide feedback on risk pricing models to enhance sophistication and accuracy.
Requirements
* Demonstrate thorough technical knowledge of the product(s), including features, market dynamics, and customer requirements.
* Exhibit gravitas and clarity of purpose, instilling confidence in senior stakeholders.
* Display a detailed understanding of sophisticated pricing practices and methodologies.
* Possess knowledge of legal, regulatory, and compliance provisions applicable to the UK motor insurance market.
* Demonstrate a clear understanding of risk management principles, identifying, monitoring, and managing risks.
What You'll Gain
By taking on this challenging role, you will have the opportunity to work closely with experienced professionals, gain valuable industry insights, and develop your skills in risk management, product knowledge, and strategic planning.