Senior Motor Underwriter

Senior Motor Underwriter

Manchester Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the Motor Underwriting Team, managing portfolios and ensuring compliance with industry standards.
  • Company: Join Direct Line Group, a top inclusive employer focused on customer-centric solutions.
  • Benefits: Enjoy 50% off insurance, health options, generous holidays, and an EV car scheme.
  • Why this job: Make a real impact on customers' lives while growing your skills in a dynamic environment.
  • Qualifications: Experience in personal lines insurance, strong data analysis skills, and excellent interpersonal abilities required.
  • Other info: Hybrid work model with flexibility to balance work and life.

The predicted salary is between 43200 - 72000 £ per year.

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you’ll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.

Pricing and Underwriting is a complicated world, where historical data, geospatial information, and mathematical models meet talented analysts. Pricing our products is a fine line between balancing our business goals and customer needs. That’s why our Pricers and Underwriters are the best of the best. They reduce risk and predict future events ensuring our business can continue to grow whilst each and every one of our consumers gets the best price.

What you’ll be doing

Join us as a Senior Underwriter in our Motor Underwriting Team – we’re looking for an enthusiastic and self-motivated people to join our exciting team as we look to grow our brands and strengthen our presence in the Motor Insurance market.

You’ll get stuck in straight away, soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers lives. We’ll utilise your skills where they are most needed whilst also giving you to opportunity to build and grow the breadth of your expertise.

Your key responsibilities will include:

  • Portfolio management of our Core Motor products, reviewing how we’re performing and proposing action for continuous improvement

  • Using your analytical skills to identify ways to profitably broaden our reach to more customers

  • Ensure that a strong risk management culture, and appropriate risk management and controls processes are actively maintained

  • Monitor industry underwriting trends and regulatory changes to ensure that our motor insurance products remain relevant, competitive and compliant

  • Participate in industry events and conferences to stay up to date on industry trends and best practices

  • Working collaboratively with our counter fraud teams

  • Ensuring our underwriting criteria supports the delivery of our financial targets and positive customer outcomes

  • Enacting and enhancing our underwriting controls

  • Working together with a multi-disciplined trading team

  • Our hybrid model offers a \’best of both worlds\’ approach. When you\’ll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office

    What you’ll need

  • Experience of managing portfolios in a personal lines insurance product, ideally Motor

  • Experience of fraud controls at point of quote

  • Proven track record of using your underwriting expertise to make a positive difference

  • Comfortable analysing data to inform your decision-making – experience using data analysis tools a must, SQL experience desirable

  • Understanding of relevant insurance regulations & legislation

  • Great interpersonal skills & stakeholder management, dealing with stakeholders of all levels

  • Ability to innovate & work in a fast-paced environment across a breadth of initiatives

  • Benefits

    We recognise we wouldn\’t be where we are today without our colleagues, that\’s why we offer excellent benefits designed to suit your lifestyle:

  • 9% employer contributed pension

  • 50% off home, motor and pet insurance plus Green Flag breakdown cover

  • Additional optional Health and Dental insurance

  • Up to 10% AIP Bonus

  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.

  • Generous holidays

  • Buy as you earn share scheme

  • Employee discounts and cashback

  • Plus, many more

  • We want everyone to get the most out of their time at DLG. Which is why we’ve looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They’re about recognising who you are and the life you live.

    Be yourself

    Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We\’re delighted to feature as one of the UK\’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

    We know you\’re more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

    #LI-AW1 #LI-HYBRID

    Senior Motor Underwriter employer: Direct Line Group

    At DLG, we pride ourselves on being an exceptional employer that values the growth and well-being of our employees. Our inclusive work culture fosters collaboration and innovation, allowing you to thrive in your role as a Senior Motor Underwriter while enjoying a range of benefits including generous holidays, flexible working arrangements, and significant discounts on insurance products. Join us in our vibrant office environment where your contributions will directly impact our customers and the future of motor insurance.
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    Contact Detail:

    Direct Line Group Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Motor Underwriter

    ✨Tip Number 1

    Familiarise yourself with the latest trends in motor insurance and underwriting. Attend industry events or webinars to network with professionals and gain insights that can set you apart during interviews.

    ✨Tip Number 2

    Brush up on your data analysis skills, especially SQL. Being able to demonstrate your ability to analyse data effectively will show that you can make informed decisions, which is crucial for a Senior Motor Underwriter.

    ✨Tip Number 3

    Highlight your experience in managing portfolios and implementing fraud controls. Be ready to discuss specific examples of how you've positively impacted previous roles, as this will resonate well with the hiring team.

    ✨Tip Number 4

    Prepare to showcase your interpersonal skills and stakeholder management experience. Think of scenarios where you've successfully collaborated with different teams, as this role requires working closely with various departments.

    We think you need these skills to ace Senior Motor Underwriter

    Portfolio Management
    Risk Management
    Data Analysis
    SQL
    Fraud Control
    Insurance Regulations Knowledge
    Interpersonal Skills
    Stakeholder Management
    Analytical Thinking
    Problem-Solving Skills
    Ability to Innovate
    Adaptability in Fast-Paced Environments
    Collaboration Skills
    Attention to Detail

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in managing portfolios, particularly in personal lines insurance and motor underwriting. Use specific examples to demonstrate your expertise in fraud controls and data analysis.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, such as portfolio management and risk assessment.

    Highlight Relevant Skills: In your application, emphasise your analytical skills and experience with data analysis tools, including SQL. Discuss your understanding of insurance regulations and your ability to innovate in a fast-paced environment.

    Showcase Interpersonal Skills: Since the role involves stakeholder management, provide examples of how you've successfully collaborated with teams or influenced decision-making in previous positions. This will demonstrate your capability to work effectively within a multi-disciplined trading team.

    How to prepare for a job interview at Direct Line Group

    ✨Showcase Your Portfolio Management Experience

    Be prepared to discuss your experience managing portfolios in personal lines insurance, particularly in motor. Highlight specific examples where you've successfully improved performance or implemented changes that positively impacted customer outcomes.

    ✨Demonstrate Data Analysis Skills

    Since data analysis is crucial for this role, come equipped with examples of how you've used data analysis tools to inform your underwriting decisions. If you have experience with SQL, make sure to mention it and be ready to discuss how you've applied it in past roles.

    ✨Understand Industry Trends and Regulations

    Research current industry trends and regulatory changes in motor insurance. Be ready to discuss how these factors influence underwriting practices and how you can contribute to keeping the company's products competitive and compliant.

    ✨Highlight Interpersonal and Stakeholder Management Skills

    This role requires strong interpersonal skills. Prepare to share examples of how you've effectively managed relationships with stakeholders at various levels. Emphasise your ability to collaborate with cross-functional teams, especially in a fast-paced environment.

    Senior Motor Underwriter
    Direct Line Group
    Location: Manchester
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