At a Glance
- Tasks: Drive profitability and performance of product portfolios using data-driven insights.
- Company: Dynamic insurance company focused on innovation and growth.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Shape the future of underwriting while making a real impact in the industry.
- Qualifications: Experience in commercial underwriting and strong analytical skills required.
- Other info: Opportunity to engage with senior stakeholders and influence strategic decisions.
The predicted salary is between 36000 - 60000 £ per year.
As Portfolio Underwriter, you will be directly accountable for driving the performance and profitability of product and scheme portfolios. This role combines technical underwriting expertise with strategic portfolio management, working across multiple product lines to ensure delivery of profitable growth, alignment with risk appetite, and excellent customer outcomes. Using data-driven insights to monitor performance, identify trends, and recommend adjustments to underwriting strategy, rules, and pricing.
Input will be crucial in strategic projects focused on commercial growth and product development, helping shape the future risk mix and setting clear strategies for our regional and underwriting units. Helping to shape our underwriting approach and product proposition to meet evolving market, customer, and regulatory needs. This is an exciting opportunity to work in a dynamic and entrepreneurial environment, applying your technical expertise and market knowledge to drive profitable growth.
Key Duties and Responsibilities- Own the performance and profitability of assigned products/portfolios, ensuring delivery against budgeted targets.
- Monitor, analyse, and interpret MI to identify trends, opportunities, and risks; recommend and implement corrective actions where necessary.
- Lead the development, refinement, and implementation of portfolio underwriting strategies, rules, and terms aligned to business objectives and risk appetite.
- Undertake deep dives into performance data, providing actionable insights to improve conversion, retention, and claims outcomes.
- Design, development and production of regular portfolio management reporting to monitor performance of the portfolio.
- Independently producing analysis on a monthly basis to further understand changing trends and analyse quote conversion, policy retention, customer behaviour, claims experience with the aim of driving change into the business aligned with the underwriting strategy.
- Apply knowledge of the underwriting cycle and the external insurance market to make portfolio decisions.
- Support the full product lifecycle, ensuring documentation, underwriting guides, and rules are up-to-date and reflect portfolio strategy.
- Build strong relationships and collaborate with stakeholders to set strategy, review competitiveness, and optimise rating approaches.
- Influence and engage senior stakeholders using clear, evidence-based recommendations.
- Contribute to strategic initiatives and projects to evolve product and portfolio performance.
- Represent the company in relevant market forums, maintaining a strong presence in the MGA sector.
- Support the development of new products or enhancements to existing offerings.
- Proven track record of managing portfolio risk selection and being accountable for underwriting performance.
- Strong technical skills in commercial underwriting (SME property liability) with a good understanding of wider functions such as pricing.
- Demonstrated ability to interpret and leverage data to drive strategic decisions and insights generation.
- Experience of portfolio MI analysis underwriting rules management and strategic product development preferably in MGA insurer or delegated authority environments.
- Expert knowledge of underwriting principles risk selection and portfolio management.
- Strong analytical skills with ability to translate data into actionable insights.
- Excellent communication presentation and storytelling skills to influence at all levels across multiple functions.
- Strategic thinker with the ability to challenge the status quo and propose practical solutions.
- Strong organisational skills with the ability to manage multiple projects and deadlines.
- Chartered Insurance Institute ACII/DIP qualification or progression towards preferred.
Portfolio Underwriter employer: Brabner Fox
Contact Detail:
Brabner Fox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Portfolio Underwriter role.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s portfolio and recent performance trends. We want you to show off your analytical skills and how you can contribute to their strategic initiatives right from the get-go!
✨Tip Number 3
Don’t shy away from asking insightful questions during interviews. This shows you’re genuinely interested in the role and the company’s direction. We love candidates who are strategic thinkers and can challenge the status quo!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talent that can drive profitable growth and enhance our underwriting strategies.
We think you need these skills to ace Portfolio Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Portfolio Underwriter role. Highlight your experience in managing portfolio risk and your technical underwriting skills. We want to see how your background aligns with our needs!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, don’t forget to showcase your analytical skills. Include examples of how you've used data to drive strategic decisions in your previous roles. We love seeing those actionable insights!
Craft a Compelling Cover Letter: Your cover letter is your chance to tell us why you’re the perfect fit for this role. Use it to explain your passion for portfolio management and how you can contribute to our growth. Keep it engaging and relevant!
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 any important updates from us. Good luck!
How to prepare for a job interview at Brabner Fox
✨Know Your Numbers
As a Portfolio Underwriter, you'll need to demonstrate your ability to analyse and interpret data. Brush up on key metrics related to portfolio performance, such as conversion rates and claims experience. Be ready to discuss how you've used data in past roles to drive strategic decisions.
✨Showcase Your Technical Skills
Make sure you highlight your technical underwriting expertise, especially in commercial underwriting. Prepare examples of how you've managed portfolio risk selection and improved profitability. This will show that you understand the nuances of the role and can hit the ground running.
✨Engage with Stakeholders
Since this role involves building strong relationships with stakeholders, think of instances where you've successfully collaborated with others. Be prepared to discuss how you’ve influenced decision-making and contributed to strategic initiatives in previous positions.
✨Stay Current with Market Trends
Familiarise yourself with the latest trends in the insurance market and be ready to discuss how they might impact portfolio management. Showing that you're proactive about understanding the market will demonstrate your commitment to driving profitable growth.