At a Glance
- Tasks: Lead underwriting strategy and collaborate with teams to drive profitability.
- Company: Dynamic insurance firm in the heart of London with a hybrid work model.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Join a team that values collaboration and innovation in a fast-paced environment.
- Why this job: Make a real impact in motor insurance while developing your leadership skills.
- Qualifications: Strong motor insurance knowledge and excellent analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
City of London - Hybrid
Competitive Salary
Key Responsibilities
- Lead the development and execution of underwriting strategy across relevant product lines, working closely with product delivery teams.
- Support portfolio performance management through analysis, pricing execution, and risk selection strategies that drive continuous improvement and profitability.
- Work collaboratively with Product Performance Analysts, providing direction, support, and technical expertise to achieve strategic objectives.
- Continuously refine underwriting appetite to capitalise on market opportunities and strengthen competitive positioning through superior risk selection.
- Act as a senior technical referral point for underwriting teams, brokers, and internal stakeholders.
- Provide feedback to Product Managers, Heads of Class, and Pricing teams to improve pricing sophistication, model accuracy, and underwriting effectiveness.
- Collaborate across departments to ensure the company delivers clear, consistent, and seamless market propositions.
- Contribute to identifying, managing, and mitigating key business and underwriting risks.
- Support first-line underwriting governance activities through audit, peer review, exception reporting, and performance monitoring.
- Build and strengthen strategic relationships with key broker partners and stakeholders.
- Ensure all activities are conducted in line with legal, regulatory, compliance, and ethical standards.
Essential Skills & Experience
- The role carries significant strategic influence and financial responsibility and requires an individual recognised for strong technical expertise within specialist motor underwriting.
- The successful candidate will demonstrate:
- Strong knowledge of UK motor insurance legal, regulatory, and compliance requirements.
- Strong collaboration and leadership skills with the ability to contribute toward challenging financial objectives.
- Extensive technical knowledge of specialist motor insurance products, market dynamics, customer requirements, and portfolio performance drivers.
- Strong analytical capability with advanced Microsoft Excel skills.
- Excellent communication and presentation skills, including the ability to present confidently to senior internal and external stakeholders.
- Commercial awareness with the ability to identify growth opportunities and improve financial performance.
- Strong understanding of pricing methodologies and underwriting controls.
- Excellent interpersonal and relationship management skills with the confidence to manage complex stakeholder discussions.
- Experience operating within a sophisticated underwriting governance and control environment.
Senior Underwriter - Motor Innovations in London employer: HFG Insurance Recruitment
As a Senior Underwriter in Motor Innovations based in the vibrant City of London, you will thrive in a dynamic and collaborative work culture that prioritises innovation and professional growth. Our commitment to employee development is reflected in our comprehensive training programmes and mentorship opportunities, ensuring you can enhance your skills while contributing to strategic initiatives that drive profitability and market leadership. Enjoy the unique advantage of a hybrid working model that promotes work-life balance, alongside competitive remuneration and the chance to build meaningful relationships with key industry stakeholders.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Motor Innovations in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss UK motor insurance regulations and pricing methodologies. We want you to shine when you talk about your expertise!
✨Tip Number 3
Showcase your collaboration skills! Be ready to share examples of how you've worked with product delivery teams or managed complex stakeholder discussions. We love seeing candidates who can work well with others.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals who can contribute to our underwriting strategy.
We think you need these skills to ace Senior Underwriter - Motor Innovations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in motor insurance and any relevant achievements that showcase your technical expertise. We want to see how you can contribute to our underwriting strategy!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that illustrate your analytical capabilities, leadership skills, and collaboration with stakeholders. This will help us see how you fit into our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about motor innovations and how your background aligns with our goals. We love seeing genuine enthusiasm for the role and the company!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of UK motor insurance legal, regulatory, and compliance requirements. Be ready to discuss how your technical expertise can influence underwriting strategies and improve portfolio performance.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities, especially with advanced Microsoft Excel. Think of examples where you've used data to drive decisions or improve processes, as this will resonate well with the interviewers.
✨Communicate with Confidence
Practice your communication skills, especially when it comes to presenting complex information to senior stakeholders. Use clear, concise language and be prepared to explain your thought process behind underwriting decisions.
✨Build Relationships in the Room
Highlight your interpersonal skills by discussing past experiences where you've successfully managed complex stakeholder discussions. Show that you understand the importance of collaboration and relationship management in achieving strategic objectives.
