At a Glance
- Tasks: Evaluate and oversee delegated underwriting programmes, ensuring profitable growth.
- Company: Innovative hybrid insurer operating in the UK and US markets.
- Benefits: Competitive salary, strategic involvement, and exposure to diverse insurance programmes.
- Why this job: Influence portfolio growth and work with cutting-edge data-driven solutions.
- Qualifications: 5+ years of underwriting experience and strong MGA knowledge.
- Other info: Dynamic role with opportunities for senior visibility and career advancement.
The predicted salary is between 60000 - 84000 £ per year.
We are partnering with a highly innovative, technology-enabled hybrid insurer operating across the UK and US markets. This A-rated carrier provides fronting capacity exclusively to MGAs, captives and specialist programme partners, combining underwriting expertise with operational agility to deliver sustainable, data-driven insurance solutions.
As part of their continued growth, they are seeking a Senior Underwriter to play a pivotal role in evaluating, onboarding and overseeing underwriting programmes.
The role
You will evaluate, onboard and oversee delegated underwriting programmes, working closely with MGAs and internal stakeholders to ensure sustainable, profitable growth. The business is looking to bolster and expand specific areas of its portfolio. They are open to individuals with strong expertise in the following areas:
- Property
- Financial Lines
- Surety
- Casualty / Liability
Why Consider It?
- Opportunity to influence portfolio build-out in your specialist line
- Exposure to both UK and US programme business
- Work within a modern, data-driven fronting platform
- Senior visibility and strategic involvement
Key accountabilities
- Assess and onboard new delegated/MGA programme opportunities
- Review underwriting frameworks, pricing and governance standards
- Conduct profitability and exposure analysis
- Oversee programme performance and portfolio metrics
- Work closely with Risk, Compliance, Finance and Reinsurance teams
- Contribute to capital and reinsurance strategy discussions
- Ensure robust delegated authority oversight and controls and analytics.
Skills & experience
- 5+ years' underwriting or product experience within your specialist class
- Strong MGA / delegated authority knowledge
- Experience working within a carrier, fronting platform or hybrid insurer environment
- Understanding of reinsurance structures (treaty/facultative advantageous)
- Strong commercial judgement and analytical capability
- Ability to oversee governance, process and portfolio performance
This role would suit someone who understands delegated underwriting not just technically, but operationally and commercially.
Senior Underwriter - Delegated in Slough employer: Avencia Consulting Services
Contact Detail:
Avencia Consulting Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Delegated in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with MGAs or have experience in delegated underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of underwriting frameworks and profitability analysis. We want you to showcase your expertise in property, financial lines, and casualty liability. Be ready to discuss how you've influenced portfolio growth in past roles!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Check out our website for tailored opportunities that match your skills in delegated authority and underwriting. We’ve got some exciting roles waiting for you!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. Mention something specific from your conversation to remind them why you’re the perfect fit for their team.
We think you need these skills to ace Senior Underwriter - Delegated in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience with delegated underwriting and any relevant expertise in Property, Financial Lines, or Casualty. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our innovative approach. Be sure to mention your experience with MGAs and your understanding of reinsurance structures.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight your analytical capabilities in both your CV and cover letter. Share specific examples of how you've conducted profitability and exposure analysis in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Avencia Consulting Services
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially in the areas of Property, Financial Lines, Surety, and Casualty. Be ready to discuss specific examples from your past experience that showcase your expertise and how you've successfully evaluated and onboarded delegated programmes.
✨Understand the Business Model
Familiarise yourself with how hybrid insurers operate, particularly the relationship between MGAs and the carrier. This will help you articulate how you can contribute to sustainable, profitable growth and why your experience aligns with their innovative approach.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities by discussing how you've conducted profitability and exposure analysis in previous roles. Bring along any relevant metrics or results that highlight your ability to oversee programme performance and portfolio metrics effectively.
✨Engage with Stakeholders
Think about how you've collaborated with various teams like Risk, Compliance, and Finance in the past. Be ready to share examples of how you’ve contributed to discussions around capital and reinsurance strategies, as this will show your strategic involvement and understanding of the bigger picture.