At a Glance
- Tasks: Drive profitability and performance in key SME portfolios with strategic underwriting.
- Company: Fast-growing commercial MGA with a focus on innovation and growth.
- Benefits: Competitive salary, hybrid work model, and comprehensive benefits package.
- Why this job: Make a real impact on portfolio performance and shape underwriting strategies.
- Qualifications: Proven experience in portfolio underwriting and strong technical skills.
- Other info: Join a dynamic team with opportunities for career advancement.
The predicted salary is between 60000 - 70000 Β£ per year.
An established and fast-growing commercial MGA is looking to hire an experienced Portfolio Underwriter to take ownership of performance and profitability across key SME portfolios. This is a genuinely strategic underwriting role - combining hands-on technical expertise with data-driven portfolio management and real influence over underwriting strategy, pricing and product development.
The Role
- You'll be accountable for the performance of assigned product and scheme portfolios, using MI and market insight to drive profitable growth and ensure alignment with risk appetite.
Key responsibilities include:
- Owning portfolio performance against budget and profitability targets
- Analysing MI to identify trends, risks and opportunities, and implementing corrective actions
- Developing and refining underwriting strategies, rules and terms
- Leading deep-dive analysis across conversion, retention, claims and customer behaviour
- Producing regular portfolio reporting and independent monthly analysis
- Supporting the full product lifecycle, including documentation and underwriting guides
- Contributing to strategic projects focused on growth, pricing and product evolution
- Building strong relationships with internal stakeholders and senior leadership
- Representing the business in relevant market and MGA forums
Experience required
- Proven experience managing portfolio underwriting performance
- Strong technical background in SME commercial underwriting
Portfolio Underwriter in Birmingham employer: FryerMiles
Contact Detail:
FryerMiles Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Portfolio Underwriter in Birmingham
β¨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. Building relationships can open doors that job applications alone can't.
β¨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Show them you understand their business and how you can contribute to their growth and profitability.
β¨Tip Number 3
Practice your pitch! Be ready to explain your experience in managing portfolio performance and how you've used data to drive decisions. Confidence is key!
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Portfolio Underwriter in Birmingham
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Portfolio Underwriter role. Highlight your experience in managing portfolio performance and any relevant technical skills. We want to see how your background aligns with our needs!
Showcase Your Achievements: Donβt just list your responsibilities; showcase your achievements! Use metrics to demonstrate how youβve driven profitable growth or improved underwriting strategies. This helps us see the impact you've made in previous roles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about this role and how your skills can contribute to our team. We love seeing genuine enthusiasm and a clear understanding of what we do.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donβt miss out on any important updates from us!
How to prepare for a job interview at FryerMiles
β¨Know Your Numbers
As a Portfolio Underwriter, you'll need to demonstrate your ability to analyse MI and identify trends. Brush up on key metrics related to portfolio performance and profitability. Be ready to discuss how you've used data in past roles to drive decisions and improve outcomes.
β¨Showcase Your Strategic Mindset
This role is all about strategic underwriting. Prepare examples of how you've developed or refined underwriting strategies in previous positions. Highlight your experience with pricing and product development, and be prepared to discuss how you align these with risk appetite.
β¨Build Relationships
Strong relationships with internal stakeholders are crucial. Think of instances where you've successfully collaborated with teams or senior leadership. Be ready to share how youβve influenced others and contributed to strategic projects focused on growth.
β¨Prepare for Deep-Dive Discussions
Expect to dive deep into topics like conversion, retention, and claims behaviour. Prepare to discuss specific cases where you've conducted thorough analyses and implemented corrective actions. This will show your hands-on technical expertise and your proactive approach to portfolio management.