Underwriting Capability Manager - Home Insurance Focused - Perm
Fantastic opportunity to join the underwriting department of one of the most trusted names in the UK insurance industry as an Underwriting Capability Manager. Working with a business where employees and customers are always at the core of their values and practices, you will be offered excellent opportunities to develop and progress your career, alongside a competitive salary and benefits package.
Managing a team of underwriters whose focus is to develop new underwriting capability, and deliver large-scale projects to support the business' long-term strategy and performance.
This is a fantastic opportunity to assist the shape, and delivery of innovation, and evolution within underwriting, engaging with key business stakeholders to ensure the business as a whole is working together.
This is taking control of a team of 7, where you are supported by the wider underwriting department, and will focus on Home and other smaller personal lines business for a market leader.
Your duties as an underwriting manager will include but not be limited to the following:
·Contribute to the creation, implementation, maintenance and control of the Underwriting strategy to drive forward delivery of business plans, including business metrics and key customer metrics.
·Deliver expert technical and analytical underwriting support to achieve performance targets and the Underwriting strategy including managing the delivery of change within Pricing & Underwriting and across divisions.
·Manage the development of underwriting rules (including referral rules) and rating across all channels, delivering new capability and insight to drive improvements in underwriting footprint management and trading performance.
·Monitor and manage the relevant portfolio exposure to underwriting risk, including the setting and monitoring of Key Risk Indicator thresholds, supporting and working with the Underwriting Performance team and wider business to deliver mitigating actions.
·Ensure appropriate reporting is in place across relevant trading and risk forums.
·Manage the development of underwriting data sources and question sets, including application fraud prevention tools. Work with the Underwriting Performance team to deliver change and influence key trading and customer metrics.
·Manage the development of the product structure, including cover levels, excesses and terms and conditions, working with the Underwriting Performance team to understand impacts on key trading and customer metrics. Identify opportunities for new product developments, working with the Underwriting Strategy team to deliver business change.
·Ensure Technical & Margin Pricing developments and changes in Pricing capability are appropriate for underwriting purposes, and that underwriting rules are aligned.
·Liaise with a wide variety of teams in order to shape, own and deliver your team's priorities, working effectively with the wider Underwriting team, Category teams, wider Pricing and Underwriting teams and other areas.
The Successful Underwriting Capability Manager
I am looking for an experienced Underwriting Manager who has an extensive background within the insurance industry. You will have had a hand in strategy, performance, and implementing change within underwriting.
You will have led teams, and be able to get the best out of others on both an individual and collective basis, and ideally be DipCII qualified.
This role will involve looking at performance and analytical areas so experience with tools such as SQL, SAS and pricing software such as Emblem will be highly beneficial.
You must be a first class communicator with the ability to confidently interact with the business, and wider underwriting department, and
What's on Offer for the successful Underwriting Manager
Competitive base salary depending on experience, coupled with an excellent benefits package and bonus.