Underwriting Performance Manager

Join Asta and build a career where you can truly thrive. At Asta, we combine meaningful work with outstanding rewards, flexible hybrid working and a culture that puts people first. You’ll enjoy excellent benefits, strong career development and a supportive, inclusive environment where your wellbeing and growth really matter. If you’re looking for a place to make an impact, grow your expertise and feel valued every day, Asta is the place for you.

The main purpose of the role is to support the Underwriting Portfolio Director in managing a portfolio team within the Underwriting Management division (UWM). This important management position within the Underwriting Performance team involves managing and overseeing the performance of a subset of Asta’s managed clients as well as leading business planning efforts for a diverse portfolio of clients and managing the underwriting performance team.

• Support the Underwriting Portfolio Director and manage a portfolio of Lloyd’s syndicates ensuring that Asta and its managed clients operate within a robust underwriting management framework in line with Lloyd’s principles, regulatory requirements and market best practices for planning, strategy and performance oversight.
• Provide continuous underwriting performance oversight, working closely with Asta managed clients to understand deviations from plan and establish corrective action where necessary.
• Be the interface between Asta and its managed clients within a portfolio and Lloyd’s from an underwriting performance and planning perspective, providing strategic and portfolio management insights to influence decisions regarding planning and strategy setting.
• Manage key underwriting relationships between Asta clients within a portfolio and Lloyd’s.
• Assume responsibilities of the Underwriting Portfolio Director as required.
• Accountable for the coordination and oversight of the business planning process with close liaison with Asta clients, Lloyd’s and other internal functions, ensuring the timeliness, accuracy and validation of subsequent submissions.
• Be responsible for the reporting of business plans, underwriting performance and oversight of Asta clients, working with the MI and Analytics function to enhance underwriting reporting and MI.
• Oversee the preparation of underwriting regulatory returns for Lloyd’s, liaise with clients to provide feedback, and ensure accurate and relevant data is delivered within the established deadlines.
• Participate in relevant board and committee meetings for Asta and managed clients within a portfolio, report the outcomes to the Underwriting Portfolio Director and CUO as required.
• Act as a subject matter expert in underwriting performance for company projects and requests and collaborate with key functions throughout Asta.
• Manage and develop the individuals within the Underwriting Performance function, providing support and guidance to the teams including people development and training.
• Support on the onboarding of new syndicates, focusing on underwriting strategy, performance and business planning.

• 5+ years’ experience in Insurance, ideally working in underwriting, actuarial, finance, operations or related fields.
• A strong understanding of how a Lloyd’s syndicate operates within the market and as part of a managing agency and good commercial knowledge of the Lloyd’s market.
• ACII qualification or equivalent is preferred.
• IT literate; Excel skills a requisite, with a natural ability to pick up new systems quickly.

At Asta, you’ll enjoy a market-leading benefits package that puts your wellbeing, career development and financial future first. We combine flexible working, strong family-friendly policies and exceptional rewards to create a supportive, inclusive and high-performing workplace. Our benefits include:

• Work-life balance you can rely on: 35-hour working week with hybrid and flexible working.
• Generous holiday allowance that increases with service.
• Your health & wellbeing covered: Private medical insurance with virtual GP access, annual health screening, dental cover and eye care, subsidised gym or sports club membership.
• Support for you and your family: Enhanced maternity, paternity, adoption and shared parental pay.
• Rewarding your contribution: Highly competitive pension with up to 13% employer contribution, life assurance and income protection, discretionary annual bonus scheme, interest-free season ticket loan and salary sacrifice schemes.