Senior Motor Underwriter in Leeds

Senior Motor Underwriter in Leeds

Leeds Full-Time 43200 - 72000 £ / year (est.) No working from home possible
Direct Line Group

At a Glance

  • Tasks: Lead the Motor Underwriting Team, managing portfolios and ensuring compliance with industry standards.
  • Company: Join DLG, a forward-thinking company focused on customer-centric solutions in the insurance sector.
  • Benefits: Enjoy 50% off insurance, health perks, generous holidays, and an EV car scheme.
  • Other info: DLG values diversity and offers a flexible work-life balance to support your lifestyle.
  • 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.

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

Senior Motor Underwriter

Permanent

London

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 in Leeds 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. With a commitment to professional development and a supportive environment, you'll have the opportunity to make a meaningful impact in the Motor Insurance market while balancing your personal and professional life.

    Direct Line Group

    Contact Details:

    Direct Line Group Recruitment Team

    StudySmarter Expert Advice🤫

    We think this is how you could land Senior Motor Underwriter in Leeds

    Dive Into Industry Networking Events

    Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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    Look Out for Graduate Schemes

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    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 Direct Line 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 Senior Motor Underwriter in Leeds

    Portfolio Management
    Risk Management
    Data Analysis
    SQL
    Fraud Control
    Insurance Regulations Knowledge
    Interpersonal Skills

    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 Direct Line Group.

    Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Direct Line 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 Direct Line 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 Direct Line 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 Direct Line 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 Direct Line 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.