Premium Finance Underwriter

Ready to join a team that's leading the way in reshaping the future of insurance? Here at esure Group, we are on a mission to revolutionise insurance for good!

We’ve been providing Home and Motor Insurance since 2000, with over 2 million customers trusting us to keep them covered through our esure and Sheilas’ Wheels brands. With a bold commitment for digital innovation, we're transforming the way the industry operates and putting customers at the heart of everything we do.Having completed our recent multi-year digital transformation, we’re now leveraging advanced technology and data-driven insights alongside exceptional service, to deliver personalised experiences that meet our customers ever-changing needs today and in the future.

Job Description

We are recruiting for a Premium Finance Underwriter to join our wider Underwriting team. You will provide support on implementing esure’s strategy to optimise customer outcomes and profit for the premium finance product. If you have experience in an Underwriting role and knowledge of  Insurance or wider Financial Services products this could be a great role for you.

What you’ll do:

• Input into our projects / programmes related to Premium Finance product whilst also providing input to the development and delivery of our product roadmaps.
• Maintain and grow your understanding of the current and emerging opportunities and risks of Premium Finance products. 
• Build strong relationships with departments across the business (especially with our claims department) to enable provision of effective repair/replace and claim defence strategies. 
• Work with Pricing to assess and gain an understanding of the impact, risks and opportunities presented by developments within Premium Finance and our other key insurance products.
• Maintain an appropriate underwriting footprint via appropriate pricing, aggregator filters, underwriting rules. 
• Devise rules and analyse output of underwriting tools to detect and remove unwanted, suspicious and potentially fraudulent business at the ‘front door’.   
• Use data/technology to deliver intelligence throughout customer lifetime to become a market leader and drive exponential growth 

Qualifications

What we’d love you to bring:

• Great underwriting experience with knowledge of either insurance or wider financial services products.
• Any experience with premium finance products or a credit type background would be advantageous but not essential.
• Experience of using products and propositions to drive customer appeal and loyalty.  
• Ability to identify and anticipate potential business opportunities, risks and threats. 
• You will be inquisitive and strive to understand what data is telling us to in order for our business to make informed decisions.
• Someone who can successfully build strong relationships and partnerships with other business areas.

Additional Information

The Interview Process (subject to change):

• You’ll start with an introductory call with one of our Recruitment Partners. This is a ‘get to know you session’ and for you to explore the position in more detail.
• 1st stage interview: 1 hour with our Portfolio Underwriting Lead and another senior member of the Underwriting function

What’s in it for you?:

• Competitive salary that reflects your skills, experience and potential.
• Discretionary bonus scheme that recognises your hard work and contributions to esure’s success.
• 25 days annual leave, plus 8 flexible days and the ability to buy and sell further holiday.
• Our flexible benefits platform is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
• Company funded private medical insurance for qualifying colleagues.
• Fantastic discounts on our insurance products! 50% off for yourself and spouse/partner and 10% off for direct family members.
• We’ll elevate your career with hands-on training, mentoring, access to our exclusive academies, regular career conversations, and expert partner resources.
• Driving good in the world couldn’t be more important to us. Our colleagues can use 2 volunteering days per year to support their local communities.
• Join our internal networks and communities to connect, learn, and share ideas with likeminded colleagues.
• We’re a proud supporter of the ABI’s ‘Make Flexible Work’ campaign and welcome you to ask about the flexibility you need. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.
• And much more; See a full overview of our benefits here Reward and benefits | Esure Group PLC

We are committed to creating an inclusive and diverse workplace where everyone feels valued, respected, and empowered. We celebrate individuality and create spaces where unique backgrounds and experiences can come together. We believe that diverse perspectives drive innovation, in turn enabling us to better serve our customers, community and build a stronger organisation. Our commitment to inclusion extends to every part of our business, from hiring practices to professional growth opportunities, ensuring equal access and support for all.