At a Glance
- Tasks: Lead underwriting strategy and collaborate with teams to enhance portfolio performance.
- 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 supportive team focused on innovation and excellence.
- Why this job: Make a real impact in the motor insurance sector while developing your career.
- Qualifications: Experience in underwriting and strong analytical skills required.
The predicted salary is between 60000 - 75000 € 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
Senior Underwriter - Motor Innovations employer: HFG Insurance Recruitment
As a Senior Underwriter at our City of London office, you will thrive in a dynamic and collaborative work culture that prioritises innovation and professional growth. We offer competitive salaries, comprehensive benefits, and opportunities for continuous learning, ensuring that you can develop your skills while contributing to impactful underwriting strategies. Join us to be part of a forward-thinking team that values your expertise and fosters strong relationships with key stakeholders in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Motor Innovations
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local 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 those interviews by brushing up on your technical knowledge and understanding of underwriting strategies. We recommend practising common interview questions and scenarios related to risk selection and portfolio management to show you’re the right fit.
✨Tip Number 3
Don’t forget to showcase your collaborative skills! Highlight experiences where you’ve worked with product delivery teams or analysts. We want to see how you can contribute to seamless market propositions and strengthen relationships with brokers.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets noticed. We’re always looking for talented individuals who can drive continuous improvement and profitability in our underwriting strategies.
We think you need these skills to ace Senior Underwriter - Motor Innovations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in underwriting strategy and risk selection, as these are key for us. Use specific examples that showcase your skills and achievements in similar positions.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention how your background aligns with our goals, especially in portfolio performance management and collaboration with product teams.
Showcase Your Technical Expertise:We love candidates who can demonstrate their technical knowledge. Be sure to mention any relevant certifications or experiences that highlight your expertise in underwriting and pricing strategies. This will set you apart from the crowd!
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, 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 Strategies
Make sure you brush up on the latest underwriting strategies, especially in motor innovations. Be ready to discuss how you've developed and executed these strategies in your previous roles. This shows that you’re not just familiar with the concepts but can also apply them effectively.
✨Showcase Your Analytical Skills
Prepare to talk about your experience with portfolio performance management. Bring examples of how you've used analysis and pricing execution to drive profitability. This will demonstrate your ability to support continuous improvement and make data-driven decisions.
✨Collaboration is Key
Since this role involves working closely with various teams, think of specific instances where you've collaborated successfully. Highlight how you’ve provided direction and support to analysts or worked with product managers to achieve strategic objectives. This will show that you’re a team player who values collaboration.
✨Understand Risk Management
Be prepared to discuss how you've identified and mitigated underwriting risks in the past. Share your approach to refining underwriting appetite and capitalising on market opportunities. This will illustrate your proactive mindset and commitment to maintaining high standards in risk selection.