At a Glance
- Tasks: Shape and define underwriting strategy using data insights and market trends.
- Company: Leading Motor Insurer with a focus on innovation and collaboration.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Join a dynamic team with a commitment to ethical and compliant practices.
- Why this job: Make a real impact by driving portfolio performance and shaping the future of motor insurance.
- 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 be 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 - HFG in London employer: HFG
As a leading Motor Insurer based in London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our hybrid working model offers flexibility while our commitment to data-driven decision-making empowers you to shape the future of our portfolio. Join us to collaborate with talented professionals and make a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Underwriter - Motor/Fleet - HFG in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in portfolio underwriting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your past work and achievements that highlight your underwriting expertise and data-driven decision-making. This will help you stand out during interviews.
✨Tip Number 3
Stay updated on market trends! Follow industry news and reports related to motor insurance and portfolio management. This knowledge will not only impress interviewers but also help you contribute meaningfully to discussions.
✨Tip Number 4
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 navigate!
We think you need these skills to ace Senior Portfolio Underwriter - Motor/Fleet - HFG 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 our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this portfolio-focused role and how your background can help us shape our underwriting strategy. Keep it engaging and relevant!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific tools or methodologies you’ve used to drive insights and improve performance. We love a data-led approach!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at HFG
✨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 in this new role.
