At a Glance
- Tasks: Shape and manage motor insurance portfolios using data-driven insights.
- Company: Leading motor insurer with a focus on innovation and growth.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: Collaborative environment with strong career advancement potential.
- Why this job: Make a real impact by influencing underwriting strategy and portfolio performance.
- Qualifications: Experience in motor underwriting and a passion for analytics.
The predicted salary is between 60000 - 80000 £ per year.
I’m working with a leading motor insurer looking to appoint a Senior Portfolio Underwriter to support the continued growth of their team. This is not a traditional, day-to-day underwriting position. Instead, the role focuses on shaping and managing the overall portfolio, working closely with Product Managers and the Head of Class. You’ll take a data-driven approach to analysing trends, generating insights, and influencing strategy.
The ideal candidate will have a background in motor underwriting and be interested in transitioning into a more portfolio- and analytics-focused role.
Key Responsibilities- Lead the development of underwriting strategy for assigned products, using market insights and technical expertise, and ensure effective delivery alongside product teams.
- Support portfolio performance management by analysing results, implementing pricing and selection strategies, and recommending improvements to meet or exceed financial goals.
- Collaborate with Product Performance Analysts, providing guidance while leveraging their expertise to support wider strategic initiatives.
- Refine underwriting appetite to take advantage of market opportunities, improve risk selection, and actively manage the portfolio mix.
- Act as a technical referral point for underwriters, brokers, and internal stakeholders, offering informed guidance on risk, pricing, and product considerations.
- Provide feedback to pricing and product teams on model performance, helping enhance accuracy and sophistication over time.
- Work cross-functionally to ensure a consistent and compelling proposition is delivered to the market.
- Maintain awareness of the risk environment, contributing to the identification and mitigation of factors impacting performance and sustainability.
- Support first-line assurance activities, including audits, peer reviews, exception reporting, and performance monitoring, ensuring adherence to underwriting authority, processes, and regulations.
- Build and maintain strong relationships with key partners, ensuring their needs—and those of their customers—are effectively met.
- Ensure all activities comply with legal and regulatory standards, consistently demonstrating professional and ethical conduct.
Senior Portfolio Underwriter - Motor in City of London employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Portfolio Underwriter - Motor in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the motor insurance industry and let them know you're on the lookout for a Senior Portfolio Underwriter role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Get your data game on! Brush up on your analytical skills and be ready to discuss how you've used data to drive decisions in your previous roles. This will show potential employers that you’re not just about traditional underwriting but are keen on shaping strategies based on insights.
✨Tip Number 3
Prepare for those interviews! Research the company’s portfolio and think about how you can contribute to their growth. Be ready to share specific examples of how you've managed portfolios and improved performance in the past.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Senior Portfolio Underwriter - Motor in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Portfolio Underwriter role. Highlight your motor underwriting experience and any analytical skills you have. We want to see how your background aligns with the portfolio management focus of the position.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about transitioning into a more analytics-focused role. Share specific examples of how you've used data to influence strategy in your previous roles.
Showcase Your Collaboration Skills: Since this role involves working closely with product teams and analysts, make sure to highlight your teamwork experience. We love candidates who can demonstrate their ability to collaborate effectively and build strong relationships.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Numbers
As a Senior Portfolio Underwriter, you'll need to demonstrate your analytical skills. Brush up on key metrics related to motor underwriting and be ready to discuss how you've used data to influence strategy in the past.
✨Showcase Your Collaboration Skills
This role involves working closely with Product Managers and Analysts. Prepare examples of how you've successfully collaborated with cross-functional teams to achieve common goals, highlighting your ability to build strong relationships.
✨Understand the Market Landscape
Familiarise yourself with current trends in the motor insurance market. Be prepared to discuss how these trends could impact portfolio management and what strategies you would implement to leverage market opportunities.
✨Prepare for Technical Questions
Expect to answer technical questions about risk assessment, pricing strategies, and regulatory compliance. Review your knowledge in these areas and think of specific instances where you've applied this expertise in your previous roles.