At a Glance
- Tasks: Lead a team of underwriters and oversee global insurance performance.
- Company: Join Car Care Plan, a top provider of vehicle warranty products in 75 countries.
- Benefits: Enjoy growth potential, a supportive team environment, and the chance to make a real impact.
- Why this job: This role offers a unique opportunity to apply your expertise in a dynamic, expanding business.
- Qualifications: Experience in senior underwriting roles and knowledge of the motor sector are essential.
- Other info: Recruitment includes interviews and assessments to ensure the right fit.
The predicted salary is between 48000 - 72000 £ per year.
Car Care Plan, an AmTrust International business, are a leading provider of award-winning vehicle warranty and asset protection products to 1.2 million motorists across 75 countries worldwide. Our automotive protection expertise ensures dependable products, high customer satisfaction rates and successful motoring, through a straightforward, hassle-free approach to business.
Working directly with the Chief Underwriting officer and managing a team of Underwriters, this role will focus on overseeing underwriting performance for a portion of CCP's global insurance business, and ensuring accurate and compliant processing of new, renewal, and midterm submissions.
Essential functions of this role will include but are not limited to:
- Working with Actuarial / Pricing personnel to review their pricing calculations and to ensure that the prices calculated are appropriate as well as producing quarterly updates and reports.
- Maintain a constant focus on the underwriting profitability of all programmes with a view of achieving company profit objectives.
- Carry out a monthly review of underwriting performance on all allocated programmes and to identify in writing key movements arising each month and any action required as a result.
- Co-ordinate annual reviews of all allocated programmes to ensure that any changes in customer requirements are identified and calculated.
- To identify improvements in systems and procedures both within CCP and its partners.
This is an exciting and rare opportunity for a driven individual to apply their underwriting expertise - both technical and commercial – and take on a role with true growth potential and to make a real difference in an ever expanding business.
Previous experience within a senior underwriting role where you have led and had to make complex decisions based on strategic analysis of market trends is key. Knowledge of the motor sector – including fleet or warranty is a must as is the ability to lead a team with support and confidence.
Successful candidates will also be able to demonstrate excellent communication skills – both verbal and written – as well as strong organisational skills, financial acumen, flexibility in the way you work as well as a true passion for working with people and understanding the importance of building relationships.
For more information and to show your interest, submit your CV. Please note the recruitment process of this role will include: Telephone Interview, Online Verbal & Numerical assessment & 2 stage in person interviews.
Senior Underwriting Manager employer: Car Care Plan
Contact Detail:
Car Care Plan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriting Manager
✨Tip Number 1
Familiarise yourself with the latest trends in the motor sector, especially regarding fleet and warranty products. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the industry.
✨Tip Number 2
Prepare to discuss your previous experience in leading underwriting teams. Think of specific examples where you made complex decisions based on market analysis, as this will showcase your strategic thinking and leadership skills.
✨Tip Number 3
Brush up on your financial acumen and be ready to discuss how you've maintained underwriting profitability in past roles. Being able to articulate your approach to managing profit objectives will set you apart from other candidates.
✨Tip Number 4
Practice your communication skills, both verbal and written. Since the role requires excellent relationship-building abilities, consider role-playing interview scenarios with a friend to enhance your confidence and clarity.
We think you need these skills to ace Senior Underwriting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in the motor sector. Emphasise your leadership skills and any previous roles where you made complex decisions based on market analysis.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific achievements in your previous positions that demonstrate your ability to oversee underwriting performance and improve systems.
Highlight Communication Skills: Since excellent communication is key for this role, provide examples in your application of how you've effectively communicated with teams or clients in the past. This could be through successful presentations or reports you've produced.
Prepare for Assessments: As part of the recruitment process, you'll face verbal and numerical assessments. Brush up on these skills beforehand and consider practicing with sample questions to ensure you're ready to impress.
How to prepare for a job interview at Car Care Plan
✨Showcase Your Underwriting Expertise
Make sure to highlight your previous experience in senior underwriting roles. Be prepared to discuss complex decisions you've made based on market trends and how they impacted profitability.
✨Demonstrate Strong Leadership Skills
Since this role involves managing a team of underwriters, be ready to share examples of how you've successfully led teams in the past. Discuss your approach to building relationships and supporting your team.
✨Prepare for Technical Questions
Expect questions related to pricing calculations and underwriting performance. Brush up on your knowledge of the motor sector, including fleet and warranty, to confidently answer any technical queries.
✨Communicate Clearly and Effectively
Excellent communication skills are essential for this role. Practice articulating your thoughts clearly, both verbally and in writing, as you may need to present reports or updates during the interview process.