Underwriting Director in City of London

About The Role

As an Underwriting Director on our Insurance Team, you will own the strategy, underwriting guidelines, pricing and product development for all products created in-house through our own capacity facilities.

To drive success in this role, you will have deep experience in underwriting, insurance product development and portfolio management. You will build the strategy for how we underwrite our own insurance products in Europe, own the guidelines and framework for evaluating new products, and serve as the DRI responsible for bringing those products to market on time. Reporting into the Underwriting Director you will collaborate with the insurance, partner services, risk and finance teams to ensure the build‑out of a healthy portfolio of in‑house products is achieved.

Responsibilities

• Definition and successful execution of KPIs within the product management, actuarial and data teams.
• P&L management of the product portfolio of in‑house products.
• Develop knowledge and keep up to date with industry and domicile developments, including regulations such as captive regulations, tax, accounting legislation and changes affecting captives and their formation.
• Develop and maintain underwriting guidelines for a suite of products in the portfolio.
• Assist in the development of our reinsurance strategy, focusing on capital efficiency.
• Develop and execute product management, underwriting and actuarial processes to deliver products efficiently.
• Work with senior business development members to define and successfully execute product roadmaps, ensuring partner reviews.
• Provide weekly and monthly general reporting, including presenting commentary at meetings as needed.
• Support Cover Genius MGA and Partnerships teams for product and pricing proposals and financial modeling.
• Manage the strategic product roadmap and execute on the plan by running a solid project plan with internal teams and external reinsurance partners.

Qualifications

• 8+ years of experience as a senior underwriting manager with P&L responsibility over a product line or group of clients.
• 5+ years of experience in the captive insurance space (European, Malta, Cayman, etc).
• Track record of successful reinsurance and retrocession placements.
• In‑depth understanding of the insurance industry, including pricing, analytics and close interactions with actuarial teams.
• Client‑facing experience negotiating contracts and strategizing growth and profitability.
• Excellent report‑writing skills, with experience preparing reports and presentations for senior management, committee or board review.
• Proven track record in developing insurance products and ongoing product/portfolio management.

Benefits

• Flexible Work Environment – hybrid schedule with office days, flexible start/finish times.
• Employee Stock Options – share in our success and growth.
• CG Gives program – enable employees to give back through peer recognition and rewards.
• Social Initiatives and community engagement.

Cover Genius promotes diversity and inclusivity. We don\’t tolerate discrimination, demeaning treatment of anyone, or harassment based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.

By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes. To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated. We will keep your information on file for three years from the date of your application. For detailed information about how we handle your data and our use of AI, please review our full Privacy Policy.

Seniority Level

Director

Employment Type

Full‑time

Job Function

Finance and Sales

Industries

Technology, Information and Internet

Location

London, England, United Kingdom

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