At a Glance
- Tasks: Lead performance oversight for Lloyd’s syndicates and drive business planning.
- Company: Dynamic Lloyd’s managing agency with a focus on innovation.
- Benefits: Competitive salary, career development, and a collaborative work environment.
- Other info: Opportunity to develop a high-performing team and enhance your career.
- Why this job: Make a significant impact in a high-stakes leadership role.
- Qualifications: 5+ years in (re)insurance with strong analytical and communication skills.
The predicted salary is between 48000 - 72000 £ per year.
My client is seeking an experienced Underwriting Performance Manager to support the Underwriting Portfolio Director in leading a portfolio within the Underwriting Management function of a Lloyd’s managing agency environment. This is a high-impact leadership role responsible for performance oversight across a subset of managed Lloyd’s syndicates, driving business planning, and developing a high-performing team of analysts and assistants.
What you’ll do:
- Drive performance oversight for a portfolio of Lloyd’s syndicates—monitor results vs. plan, diagnose deviations, and implement corrective actions.
- Lead the business planning cycle end-to-end, coordinating submissions with syndicate stakeholders, internal functions, and Lloyd’s to ensure accuracy, timeliness, and validation.
- Act as the key interface between the managing agency, managed clients, and Lloyd’s on planning, strategy, and underwriting performance.
- Provide strategic portfolio insights that influence planning and decision-making at senior levels.
- Enhance MI and reporting—partner with MI & Analytics to evolve underwriting reporting, dashboards, and performance packs.
- Oversee regulatory deliverables—ensure accurate, relevant data for underwriting-related Lloyd’s returns within deadlines.
- Represent underwriting at relevant boards and committees; brief the Underwriting Portfolio Director and CUO as required.
- Act as SME on underwriting performance for business projects and cross-functional initiatives.
- Lead and develop the team—coach analysts/assistants, build capability, and drive a culture of high standards and continuous improvement.
- Support new syndicate onboarding with a focus on underwriting strategy, performance, and planning.
- Step in for the Underwriting Portfolio Director when required and manage key Lloyd’s and client relationships.
What you’ll bring:
- 5+ years’ experience in (re)insurance—ideally within underwriting, actuarial, finance, operations, or related disciplines.
- Strong understanding of Lloyd’s—how syndicates operate within the market and managing agency framework.
- Highly numerate & precise—able to produce accurate work to tight deadlines with strong attention to detail.
- Confident communicator—credible with senior stakeholders, comfortable presenting to management, clients, and regulators.
- Organised & proactive—able to prioritise, manage competing deadlines, and progress issues independently while knowing when to elevate.
- Collaborative relationship-builder with strong commercial awareness and the ability to see the bigger picture.
- Tech-fluent—advanced Excel skills with the aptitude to learn new systems quickly.
- Qualifications: ACII (or equivalent) preferred.
Underwriting Performance Manager in City of London employer: Davies Group
As a leading Lloyd’s managing agency, we pride ourselves on fostering a dynamic and inclusive work environment that champions professional growth and development. Our Underwriting Performance Manager role offers the opportunity to lead a high-performing team while engaging with senior stakeholders and influencing strategic decisions within the industry. With a commitment to excellence and continuous improvement, we provide our employees with the tools and support needed to thrive in their careers, all within the vibrant and historic setting of London.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Performance Manager in City of London
✨Dive Into Industry Networking Events
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✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Davies Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Davies Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriting Performance Manager in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Davies Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Davies Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Davies Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Davies Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Davies Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Davies Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
