At a Glance
- Tasks: Manage motor insurance portfolios and influence customer outcomes positively.
- Company: Direct Line Group is a customer-focused insurance powerhouse with decades of industry experience.
- Benefits: Enjoy flexible hybrid working, generous leave, and discounts on insurance products.
- Why this job: Make a real impact in a dynamic team while growing your expertise in the insurance sector.
- Qualifications: Experience in personal lines insurance, strong data analysis skills, and excellent stakeholder management required.
- Other info: Join us in London, Bristol, Leeds, or Glasgow and be part of a diverse and inclusive workplace.
The predicted salary is between 43200 - 72000 £ 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. 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 Senior Underwriter in our Motor Underwriting Team - we’re looking for an enthusiastic and self-motivated people leader 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:
- Portfolio management of our Core Motor products, reviewing how we’re performing and proposing action for continuous improvement.
- 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.
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.
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.
Senior Motor Underwriter employer: Direct Line Insurance Group plc
Contact Detail:
Direct Line Insurance Group plc 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 with tools like SQL. Being able to demonstrate your ability to analyse data effectively will show that you can make informed decisions in your role as a Senior Motor Underwriter.
✨Tip Number 3
Highlight your experience in managing portfolios and implementing fraud controls. Be prepared to discuss specific examples of how you've positively impacted previous roles, as this will resonate well with the hiring team.
✨Tip Number 4
Showcase your interpersonal skills by preparing for potential stakeholder management scenarios. Think of ways you’ve successfully collaborated with different teams in the past, as this is crucial for the role.
We think you need these skills to ace Senior Motor Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Motor Underwriter position. Tailor your application to highlight relevant experience in managing portfolios and your understanding of risk management.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with personal lines insurance, particularly in motor products. Provide specific examples of how you've successfully managed portfolios and implemented fraud controls.
Showcase Analytical Skills: Since the role requires data analysis, mention any experience you have with data analysis tools, especially SQL. Include examples of how you've used data to inform decision-making in previous roles.
Demonstrate Interpersonal Skills: The job involves stakeholder management, so be sure to illustrate your interpersonal skills in your application. Share instances where you've effectively communicated with various stakeholders and contributed to team success.
How to prepare for a job interview at Direct Line Insurance Group plc
✨Showcase Your Underwriting Expertise
Be prepared to discuss your experience in managing portfolios, particularly in personal lines insurance like Motor. Highlight specific examples where your underwriting decisions positively impacted outcomes.
✨Demonstrate Data Analysis Skills
Since the role requires comfort with data analysis tools, come ready to discuss how you've used data to inform your decision-making. If you have experience with SQL, make sure to mention it and provide examples of how you've applied it in your previous roles.
✨Understand Industry Trends
Research current trends in the motor insurance market and be prepared to discuss how these might affect underwriting practices. Showing that you stay updated on industry changes will demonstrate your commitment to continuous improvement.
✨Exhibit Strong Interpersonal Skills
As stakeholder management is crucial for this role, prepare to share examples of how you've successfully collaborated with various teams. Emphasise your ability to communicate effectively with stakeholders at all levels.