At a Glance
- Tasks: Lead underwriting for innovative motor products like autonomous vehicles and embedded insurance.
- Company: Join a leading Motor Insurer in a hybrid role based in London.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with strong mentorship and career advancement opportunities.
- Why this job: Be at the forefront of motor innovation and shape the future of insurance.
- Qualifications: Experience in underwriting or broking with a focus on motor innovation.
The predicted salary is between 60000 - 80000 £ per year.
I am currently partnered with a leading Motor Insurer who are seeking a Senior Underwriter to join their growing team. This role will be Underwriting a range of Motor Innovation products including connected device vehicles, autonomous vehicles, embedded insurance and on-demand/short term insurance to meet temporary needs.
My client is looking for someone with technical Motor experience, from an Underwriting or Broking view, ideally within telematics or other Motor Innovation related products.
Key Responsibilities
- Leading the development and execution of underwriting strategy across designated product lines, leveraging market insight and technical expertise while working closely with cross-functional delivery teams.
- Contributing to portfolio performance management through detailed analysis of results, implementation of underwriting and pricing strategies, and recommendations that drive continuous improvement and achievement of financial objectives.
- Supporting and mentoring Product Performance Analysts, helping to develop technical capability and ensuring analytical insight is effectively used to support strategic goals.
- Continuously refining underwriting appetite and risk selection criteria to capitalise on market opportunities, optimise business mix, and maintain a competitive edge.
- Acting as a senior technical referral point for underwriting teams, brokers, and internal stakeholders, applying strong risk, product, and pricing knowledge to support sound underwriting decisions.
- Providing feedback to product, portfolio, and pricing teams on the effectiveness of pricing models and underwriting performance to enhance pricing sophistication, accuracy, and profitability.
- Collaborating closely with multiple business functions to ensure delivery of clear, competitive, and seamless propositions to the market.
- Maintaining awareness of the evolving risk landscape and contributing to the identification, assessment, and mitigation of key business risks.
- Supporting first-line governance and control activities through audit processes, peer reviews, exception reporting, and performance MI to ensure underwriting activity aligns with delegated authority, operational standards, and regulatory requirements.
- Building and strengthening relationships with key broker and partner networks, ensuring a strong understanding of partner and customer needs.
- Ensuring all activity is conducted in line with legal, regulatory, and compliance requirements, while maintaining high ethical and professional standards at all times.
Senior Underwriter - Futuristic Motor / Autonomous Vehicles in London employer: HFG
Join a forward-thinking motor insurer that champions innovation in the rapidly evolving landscape of autonomous and connected vehicles. With a hybrid working model based in London, we offer a dynamic work culture that fosters collaboration and continuous learning, alongside opportunities for professional growth and mentorship. Our commitment to employee development, coupled with a focus on cutting-edge insurance products, makes us an exceptional employer for those looking to make a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Futuristic Motor / Autonomous Vehicles in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in motor innovation. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your technical motor experience. Share specific examples of how you've tackled challenges in underwriting or broking, especially in telematics or innovative products.
✨Tip Number 3
Prepare for those tricky questions! Research common interview questions for senior underwriters and practice your responses. We want you to feel confident discussing your approach to risk selection and portfolio management, so rehearse until you’re ready to impress!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can give you an edge. Plus, it shows you’re genuinely interested in being part of our team. Let’s get you that dream job!
We think you need these skills to ace Senior Underwriter - Futuristic Motor / Autonomous Vehicles in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your technical Motor experience and any relevant projects you've worked on, especially those related to telematics or Motor Innovation products. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting in the motor innovation space. Share specific examples of how you've contributed to portfolio performance or developed underwriting strategies in the past. Let us know why you’re the perfect fit!
Showcase Your Analytical Skills:Since this role involves a lot of analysis and strategy, make sure to showcase your analytical skills in your application. Mention any tools or methodologies you’ve used to assess risk or improve pricing models. We love candidates who can demonstrate their ability to drive continuous improvement!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at HFG
✨Know Your Stuff
Make sure you brush up on your technical knowledge about motor innovation products, especially connected devices and autonomous vehicles. Be ready to discuss how these innovations impact underwriting strategies and risk assessment.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities. Bring examples of how you've contributed to portfolio performance management in the past, and be ready to discuss specific strategies you've implemented that drove continuous improvement.
✨Be a Team Player
Highlight your experience in collaborating with cross-functional teams. Discuss how you've worked with product, portfolio, and pricing teams to deliver competitive propositions, as this role requires strong teamwork and communication skills.
✨Stay Ahead of the Game
Familiarise yourself with the evolving risk landscape in the motor insurance sector. Be prepared to talk about current trends and how they might affect underwriting decisions, showing that you're proactive and forward-thinking.
