We are looking on behalf of our client for a Head Of Underwriting who will lead the execution of the underwriting strategy, underwriting analysis and insights of the company’s portfolios and will be a key member of the management team.
Duties:
- Set and execute the underwriting strategy, including underwriting risk appetite, underwriting governance and oversight, and underwriting guidelines
- Manage the portfolios in conjunction with the Head of Actuarial and Portfolio Management Lead, including weekly and monthly analysis, development of pricing and underwriting actions to increase GWP, and initiating remediation action where required
- Lead and manage product simplification projects, ensuring our insurance products offer fair value to customers, ensuring our customer documentation are simple to understand
- Manage the underwriting referral process from the group MGA
- Lead and manage the underwriting and peer review process, engaging with external audit partners where relevant
- Contribute to the business planning, ORSA and risk management processes
- Lead and support technical underwriting discussions with key partners including quota share reinsurers, excess of loss reinsurers, co-insurance partners and the group MGA
- Being an active member of their decision making committees: Pricing & Underwriting, Claims, Audit Risk and Reserving and Product Oversight and Governance.
Required:
- 10 years or more experience in UK personal lines motor underwriting
- A customer-centric, innovative approach to product and underwriting
- Experience of writing and drafting policy wordings, ensuring these are fair and easy for customers to understand
- Comfortable navigating shifting priorities.
- Excellent communication skills and you can confident articulating your ideas and perspectives individually and across the organisation.
- Analytical and able to draw extensive insights from qualitative and quantitative data.
- Ability to adapt to the evolving needs of an ambitious, high-growth business.