Motor Underwriter

Motor Underwriter

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Motor Underwriting Team to manage and improve our Core Motor product portfolio.
  • Company: Direct Line Group is a customer-focused insurance powerhouse with decades of industry experience.
  • Benefits: Enjoy flexible hybrid working, 25 days annual leave, and discounts on insurance products.
  • Why this job: Make a real impact on customers' lives while growing your expertise in a dynamic environment.
  • Qualifications: Experience in motor underwriting and fraud controls, plus strong analytical and interpersonal skills required.
  • Other info: Work from London, Bristol, Leeds, or Glasgow with a supportive and inclusive company culture.

The predicted salary is between 28800 - 43200 £ per year.

About Us

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

Underwriting is a complicated world, where risk appetite, guidelines, and mathematical models meet talented Underwriters. Setting criteria and managing our footprint is a fine line between balancing our business goals and customer needs. That’s why our Underwriters are the best of the best. They reduce risk, have their fingers on the pulse and predict future events ensuring our business can continue to grow whilst each and every one of our customers gets the right outcomes.

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

What you’ll be doing

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 the opportunity to build and grow the breadth of your expertise.

Your key responsibilities will include:

  • Support the management of our Core Motor product portfolio, reviewing how we’re performing and identifying opportunities for improvement.
  • Having a proactive focus on the development and implementation of application fraud controls identifying new rules and controls.
  • Working collaboratively with our counter fraud teams closely monitoring performance of fraud adaptations.
  • Ensuring our underwriting criteria supports the delivery of our financial targets and positive customer outcomes.
  • Enacting and enhancing our underwriting controls.
  • Working in collaboration with a multi-disciplined trading team.

What you’ll need

  • Experience of developing motor underwriting proposals in a personal lines insurance product, ideally Motor.
  • Experience of fraud controls at point of quote and post sale.
  • Proven track record of using your underwriting expertise to make a positive difference.
  • Comfortable analysing data to inform your decision-making.
  • Understanding of relevant insurance regulations & legislation.
  • Great interpersonal skills & stakeholder management.
  • Ability to innovate & work in a fast-paced environment across a breadth of initiatives.

Ways of working

Our hybrid model way of working offers a \’best of both worlds\’ approach combining the best parts of home and office-working, offering flexibility for everyone. When you\’ll be in the office depends on your role, but most colleagues are in 2 days a week, and we\’ll consider the flexible working options that work best for you.

This role is available in our London, Bristol, Leeds or Glasgow offices.

What we’ll give you

We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Our core benefits include:

  • 9% employer contributed pension.
  • 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  • Additional optional Health and Dental insurance.
  • Up to 10% bonus.
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • 25 days annual leave, increasing each year up to a maximum of 28.
  • Buy as you earn share scheme.
  • Employee discounts and cashback.
  • Plus many more!

Being Yourself

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you. Discover more at directlinegroupcareers.com

Together we’re one of a kind.

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#LI-HYBRID

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Motor Underwriter employer: Direct Line Insurance Group plc

At Direct Line Group, we pride ourselves on being a customer-obsessed market powerhouse that values the unique contributions of every team member. As a Motor Underwriter, you'll enjoy a flexible hybrid working model, excellent benefits including a generous pension scheme and discounts on insurance products, and ample opportunities for professional growth in a collaborative environment. Join us in our vibrant offices located in London, Bristol, Leeds, or Glasgow, where your expertise will directly impact our customers' lives and help shape the future of motor insurance.
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Contact Detail:

Direct Line Insurance Group plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Motor Underwriter

✨Tip Number 1

Familiarize yourself with the latest trends in motor underwriting and fraud controls. This knowledge will not only help you during interviews but also demonstrate your proactive approach to staying updated in a fast-paced environment.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in underwriting. Engaging with others can provide insights into the role and may even lead to referrals or recommendations.

✨Tip Number 3

Prepare to discuss specific examples from your past experience where you've successfully implemented fraud controls or improved underwriting processes. Concrete examples will showcase your expertise and problem-solving skills.

✨Tip Number 4

Understand the company's values and how they align with your own. Being able to articulate why you want to work at Direct Line Group and how you can contribute to their mission will set you apart from other candidates.

We think you need these skills to ace Motor Underwriter

Motor Underwriting Expertise
Fraud Control Implementation
Data Analysis
Understanding of Insurance Regulations
Stakeholder Management
Interpersonal Skills
Proactive Problem Solving
Collaboration with Multi-Disciplined Teams
Decision-Making Skills
Adaptability in Fast-Paced Environments
Portfolio Management
Performance Monitoring
Application of Underwriting Criteria

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Motor Underwriter position. Tailor your application to highlight relevant experiences and skills that align with the job description.

Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in motor underwriting and fraud controls. Provide specific examples of how you've successfully managed underwriting proposals or implemented fraud controls in previous roles.

Showcase Analytical Skills: Since the role requires data analysis for decision-making, include examples of how you've used data to inform your underwriting decisions. Mention any tools or methodologies you are familiar with that can support your analytical capabilities.

Express Enthusiasm for Collaboration: The job emphasizes teamwork and collaboration. In your application, convey your ability to work well with others and provide examples of successful collaborations in past positions, especially in multi-disciplined teams.

How to prepare for a job interview at Direct Line Insurance Group plc

✨Understand the Role

Make sure you have a clear understanding of what a Motor Underwriter does. Familiarize yourself with the key responsibilities mentioned in the job description, such as managing the Core Motor product portfolio and implementing fraud controls.

✨Showcase Your Experience

Prepare to discuss your previous experience in motor underwriting and how it relates to the role. Highlight specific examples where you've successfully developed proposals or implemented fraud controls.

✨Data Analysis Skills

Be ready to demonstrate your ability to analyze data effectively. Discuss how you've used data to inform decision-making in past roles, especially in relation to underwriting criteria and financial targets.

✨Interpersonal Skills

Since the role involves collaboration with various teams, emphasize your interpersonal skills. Share examples of how you've successfully managed stakeholder relationships and worked within a multi-disciplined team.

Motor Underwriter
Direct Line Insurance Group plc
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