At a Glance
- Tasks: Lead underwriting strategy for innovative motor products like connected and autonomous vehicles.
- Company: Join a leading Motor Insurer with a focus on innovation and growth.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: Collaborative environment with strong career progression and mentorship opportunities.
- Why this job: Be at the forefront of motor innovation and make a real impact in the industry.
- Qualifications: Experience in motor underwriting or broking, especially with telematics or innovative products.
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 - Motor Innovation employer: HFG
Join a leading Motor Insurer in London, where innovation meets opportunity. As a Senior Underwriter, you'll thrive in a dynamic hybrid work environment that fosters collaboration and professional growth. With a commitment to employee development, competitive benefits, and a culture that values integrity and excellence, this role offers a unique chance to shape the future of motor insurance while working with cutting-edge products and technologies.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Motor Innovation
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your technical Motor experience and any innovative projects you've worked on. We want to see how you can bring value to their team, so don’t hold back on showcasing your expertise!
✨Prepare for the Interview
Do your homework before the interview! Understand the company’s products, especially in Motor Innovation, and think about how your background fits into their goals. We recommend practising common interview questions and preparing some insightful questions of your own to show your interest.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate individuals who are ready to make an impact in the world of Motor Insurance.
We think you need these skills to ace Senior Underwriter - Motor Innovation
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 Motor Innovation and how your skills can contribute to our team. Be sure to mention specific experiences that demonstrate your underwriting expertise and strategic thinking.
Showcase Your Analytical Skills:Since this role involves detailed analysis and performance management, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to drive decisions or improve processes in previous roles. We love numbers and insights!
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 get all the updates directly from us. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at HFG
✨Know Your Motor Innovation Inside Out
Make sure you brush up on the latest trends in motor innovation, especially around connected devices and autonomous vehicles. Being able to discuss these topics confidently will show your technical expertise and passion for the industry.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used data analysis to drive underwriting decisions in the past. Bring examples of how your insights have led to improved portfolio performance or pricing strategies, as this is crucial for the role.
✨Demonstrate Cross-Functional Collaboration
Think of instances where you've worked with different teams to achieve a common goal. Highlighting your ability to collaborate effectively will resonate well, as the role requires working closely with various business functions.
✨Build Relationships with Brokers
Be ready to talk about your experience in building and maintaining relationships with brokers and partners. Share specific examples of how you've understood their needs and adapted your approach to meet them, as this is key for success in the role.
