At a Glance
- Tasks: Lead the underwriting division and shape the future of motor insurance.
- Company: Join a UK-wide award-winning motor insurer with a focus on innovation.
- Benefits: Enjoy flexible remote work options and a chance to influence company strategy.
- Why this job: Make a significant impact in a new role at board level with a dynamic team.
- Qualifications: Proven strategic underwriting experience and strong business planning skills required.
- Other info: Opportunity to work closely with senior management and enhance your career.
The predicted salary is between 72000 - 108000 £ per year.
Opportunity to join a UK wide Motor Insurer. The opportunity is open to a candidate based anywhere in the UK, with the requirement to be onsite only a couple of times a month (more if it’s your preference). You will join the management division of this business, providing expertise and key insight to the commercial motor underwriting specialty.
This is a completely new role and offers someone a fantastic opportunity to really make a significant contribution to developing and growing this business of the future. This insurance group are keen to speak to strong pricing specialists who understand aggregator systems, reinsurance programmes, management and facilitation of relationships with outsourced service providers and regulatory bodies.
You should have a proven strategic underwriting management background, with strong business planning and risk management understanding and having had complete oversight of the management of the P&L of a motor book of business.
Working closely with the board and governance, underwriting and pricing committees, your market expertise will facilitate the shaping and development of the wider business, contributing to the continued and enhanced success of an already award winning motor insurer platform.
If you feel you have the relevant background and would be keen to move into a role offering an opportunity to sit at board level, get in touch to find out more!
Chief Underwriting Officer employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Underwriting Officer
✨Tip Number 1
Network with professionals in the insurance industry, especially those who have experience in underwriting and pricing. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in motor insurance.
✨Tip Number 2
Research the company thoroughly, including its history, values, and recent developments. Understanding their business model and how they position themselves in the market will help you articulate how your skills align with their goals during discussions.
✨Tip Number 3
Prepare to discuss your strategic underwriting management experience in detail. Be ready to share specific examples of how you've successfully managed P&L and developed relationships with service providers and regulatory bodies.
✨Tip Number 4
Showcase your understanding of aggregator systems and reinsurance programmes. Being able to speak confidently about these topics will demonstrate your expertise and make you a more attractive candidate for this role.
We think you need these skills to ace Chief Underwriting Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your strategic underwriting management experience and expertise in pricing. Emphasise your understanding of aggregator systems and reinsurance programmes, as these are key aspects of the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the opportunity to contribute to the development of the business. Mention specific examples from your past experience that demonstrate your ability to manage P&L and build relationships with service providers and regulatory bodies.
Showcase Your Leadership Skills: Since this role involves working closely with the board and governance committees, highlight any previous leadership roles or experiences where you successfully influenced decision-making processes or contributed to strategic planning.
Research the Company: Familiarise yourself with the insurance group's history, values, and recent achievements. This knowledge will help you tailor your application and demonstrate your genuine interest in joining their team.
How to prepare for a job interview at IPS Group
✨Showcase Your Strategic Insight
As a Chief Underwriting Officer, your ability to think strategically is crucial. Prepare examples of how you've successfully managed underwriting strategies in the past, particularly in relation to pricing and risk management.
✨Demonstrate Your Industry Knowledge
Familiarise yourself with current trends in the motor insurance market, especially regarding aggregator systems and reinsurance programmes. Being able to discuss these topics confidently will show your expertise and commitment to the role.
✨Highlight Relationship Management Skills
This role involves working closely with various stakeholders, including outsourced service providers and regulatory bodies. Be ready to share experiences where you've effectively managed relationships and facilitated collaboration.
✨Prepare for Board-Level Discussions
Since this position involves sitting at board level, practice articulating your vision for the business and how you plan to contribute to its growth. Think about how you can align your goals with the company's objectives.