At a Glance
- Tasks: Enhance underwriting processes and systems to improve efficiency and effectiveness.
- Company: Reputable London Market Insurer with a focus on innovation.
- Benefits: Competitive salary up to £100k, bonus, and hybrid working.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real impact by transforming underwriting operations and workflows.
- Qualifications: Strong underwriting background and interest in operational improvement.
The predicted salary is between 63000 - 77000 £ per year.
Underwriting Operations & Transformation - London Insurance Market
Location: London
Contract: Permanent
Working pattern: Hybrid
Salary: Up to £100k + Bonus
We are looking for an underwriting professional who wants to use their market knowledge to improve how an underwriting function operates within a reputable London Market Insurer. This is an excellent opportunity for someone from an underwriting background who is naturally interested in systems, processes and the wider operating model. You may currently be working as an underwriter but find yourself drawn to improving workflows, solving operational problems and helping colleagues work more effectively.
This role offers the opportunity to build on your underwriting experience while moving into a broader, change-focused position. You will remain close to the underwriting function, but will have the scope to influence its operating model, improve the tools and processes underwriters rely on, and help shape how the function works in the future.
Responsibilities:
- Reviewing the underwriting operating model and identifying opportunities for improvement
- Assessing existing underwriting processes, systems and workflows
- Leading process-improvement initiatives across the underwriting lifecycle
- Working closely with underwriters to understand pain points and business requirements
- Acting as a bridge between underwriting, operations, technology and change teams
- Supporting the design and implementation of new systems, tools and ways of working
- Simplifying processes, reducing manual activity and improving the quality and consistency of data
- Helping ensure that changes are practical, adopted by the business and deliver measurable benefits
- Supporting broader transformation initiatives across the underwriting function
- Developing process documentation, operating procedures and performance measures
Key Requirements:
- A strong underwriting background within the London insurance market
- A good understanding of the end-to-end underwriting lifecycle
- A genuine interest in systems, operational improvement and transformation
- Experience of improving processes, workflows or ways of working within an underwriting environment
- The ability to communicate credibly with underwriters and understand their priorities
- Strong analytical and problem-solving skills
- The ability to translate underwriting requirements into clear operational or system solutions
- Confidence working across business, operations and technology teams
- A collaborative approach and the ability to influence stakeholders at different levels
If you understand underwriting, enjoy solving operational problems and want to make a wider impact across the business, we would be keen to hear from you.
Business Product Manager - Underwriting in Slough employer: Hanson Lee
Hanson Lee offers a dynamic and supportive work environment in the heart of London, making it an excellent employer for those looking to grow in the customer success field. With a strong emphasis on employee development, you will have access to mentorship from experienced leaders and opportunities to influence product direction while working with a diverse portfolio of clients. The hybrid work model promotes a healthy work-life balance, ensuring that you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Business Product Manager - Underwriting in Slough
✨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.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hanson Lee). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨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 Hanson Lee. 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 Business Product Manager - Underwriting in Slough
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 Hanson Lee.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hanson Lee. 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 Hanson Lee
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hanson Lee 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 Hanson Lee, 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 Hanson Lee'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.
