At a Glance
- Tasks: Oversee underwriting performance and manage a team of Underwriters.
- Company: Join Car Care Plan, a leader in vehicle warranty and asset protection products.
- 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 and knowledge of the motor sector is essential.
- Other info: Recruitment includes interviews and assessments to ensure the right fit.
The predicted salary is between 43200 - 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 Underwriter employer: Car Care Plan
Contact Detail:
Car Care Plan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨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
Practice your communication skills, both verbal and written. Since the role requires excellent communication, consider engaging in mock interviews or discussions with peers to refine your ability to articulate your thoughts clearly.
✨Tip Number 4
Research Car Care Plan and AmTrust International thoroughly. Understanding their business model, values, and recent developments will allow you to tailor your responses during the interview process and show that you're a great fit for their culture.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in the motor sector. Emphasise any leadership roles and complex decision-making you've undertaken, as these are key for this position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your ability to lead a team and make strategic decisions based on market trends.
Highlight Communication Skills: Since excellent communication skills are essential, provide examples in your application of how you've effectively communicated with teams or clients in previous roles. This could be through successful presentations or written reports.
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 well-prepared.
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 Team Leadership Skills
Since this role involves managing a team of underwriters, share examples of how you've successfully led teams in the past. Emphasise your ability to support and inspire others while achieving common goals.
✨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
Strong communication skills are essential for this role. Practice articulating your thoughts clearly, both verbally and in writing, as you'll need to convey complex information to various stakeholders.