At a Glance
- Tasks: Shape and define the underwriting portfolio while driving data-led insights.
- Company: Leading Motor Insurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Join a growing team and build strong relationships with key partners.
- Why this job: Make a real impact by influencing underwriting strategy and improving portfolio performance.
- Qualifications: Experience in Motor Underwriting and a passion for data-driven decision making.
The predicted salary is between 60000 - 75000 £ per year.
I am currently partnered with a leading Motor Insurer who are seeking a Senior Portfolio Underwriter to join their growing team. This role will be NOT day-to-day Underwriting, and is much more focused on shaping and defining the portfolio, working closely with Product Managers and Head of Class. You will be driving a data-led approach to trends and insights.
My client is looking for someone ideally with an Underwriting background in Motor, who is keen to move into a portfolio/data-based role.
Key Responsibilities- Leading the development of underwriting strategy for assigned products, using market insight and product expertise, and ensuring effective execution in collaboration with product delivery teams.
- Contributing to portfolio performance management through analysis of results, implementation of selection and pricing strategies, and making recommendations to drive continuous improvement and achieve or exceed financial targets.
- Working closely with Product Performance Analysts, providing guidance and support to enhance their expertise and leveraging their capabilities to support strategic objectives.
- Continuously refining underwriting appetite to capitalise on market opportunities, improve risk selection, and actively manage the business mix.
- Acting as a technical referral point for underwriting colleagues, brokers, and internal stakeholders, applying strong risk, product, and pricing knowledge to support sound decision-making.
- Providing feedback to product leadership and pricing teams on the effectiveness of risk pricing models, helping to improve their accuracy and sophistication over time.
- Collaborating across the business to deliver clear, consistent, and seamless propositions to the market.
- Maintaining a strong understanding of the operating risk environment and contributing to the identification and mitigation of key risks affecting performance and sustainability.
- Supporting first-line assurance activities through audit, peer review, exception reporting, and performance monitoring to ensure underwriting is conducted in line with delegated authority, agreed processes, and regulatory requirements.
- Building and strengthening relationships with key partners, ensuring their needs—and those of their customers—are understood and met.
- Ensuring all activities are carried out in accordance with legal and regulatory requirements, and consistently demonstrating ethical, compliant, and professional conduct.
Senior Portfolio Underwriter - Motor/Fleet in 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/Fleet in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in underwriting or portfolio management. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your previous work and successes in underwriting. This will help you stand out during interviews and demonstrate your data-driven approach to potential employers.
✨Tip Number 3
Stay updated on market trends! Follow industry news and reports related to motor insurance and portfolio management. Being knowledgeable about current trends will impress interviewers and show you're passionate about the field.
✨Tip Number 4
Apply through our website! We’ve got a range of roles that might be perfect for you. Plus, applying directly can sometimes give you an edge over other candidates. Don’t miss out!
We think you need these skills to ace Senior Portfolio Underwriter - Motor/Fleet in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Portfolio Underwriter role. Highlight your underwriting experience in Motor and any data-driven projects you've worked on. We want to see how your skills align with shaping and defining portfolios!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about moving into a portfolio/data-based role. Share specific examples of how you've contributed to strategy development or performance management in the past.
Showcase Your Analytical Skills: Since this role is all about driving a data-led approach, make sure to highlight your analytical skills. Mention any tools or methodologies you’ve used to analyse trends and insights, and how they’ve impacted your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you one step closer to joining our team!
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 understanding of data and trends. Brush up on key metrics related to motor underwriting and be ready to discuss how you've used data to shape strategies 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 communicate effectively and drive results.
✨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 capitalise on opportunities.
✨Prepare for Technical Questions
Expect to answer questions that test your underwriting knowledge and risk assessment skills. Review common underwriting principles and be ready to explain how you would approach risk selection and pricing strategies in this new role.