At a Glance
- Tasks: Lead automated underwriting processes and enhance decision-making frameworks.
- Company: Join Marsh Risk, a global leader in risk management and consulting.
- Benefits: Enjoy professional development, flexible hybrid work, and a vibrant culture.
- Other info: Diverse and inclusive workplace with numerous career opportunities.
- Why this job: Make a real impact in a fast-paced environment with innovative solutions.
- Qualifications: Experience in underwriting automation and strong analytical skills required.
The predicted salary is between 60750 - 74250 £ per year.
Company:
Marsh Risk
Description
R_358403 – Automated Underwriting Lead
We are seeking a talented individual to join our Portfolio Solutions – Fast Track team at Marsh Risk.
This role will be based in London, Norwich or Birmingham.
This is a hybrid role that has a requirement of working at least three days a week in the office.
The
Automated Underwriting Lead is responsible for managing the rules engine that drives underwriting decisioning across Fast Track.
This includes decisions made with no human referral, underwriting recommendations provided to Account Managers, decisioning for the initial in-scoping process, and the automated bind process.
The role ensures that decisioning operates within the limits of the
Underwriting Framework and delivers accurate, reliable, and commercially appropriate outcomes.
Where outcomes are not binary, the rules engine should support Account Managers to make sound value judgments on the risk in question.
- Working closely with the
- Chief Underwriting Officer (CUO) ,
- Technical Underwriting Managers , and the
Underwriting Oversight & Controls Manager , the Automated Underwriting Lead will continuously improve the performance, reliability, and sophistication of the rules engine.
The role will also identify opportunities to enhance the Underwriting Framework itself to enable greater automation, while maintaining underwriting accuracy and positive outcomes for clients and insurers.
We will count on you to
- Own and manage the rules engine that underpins automated underwriting decisioning for Fast Track.
• Ensure the engine supports
- automated underwriting decisions with no human referral
- underwriting recommendations for Account Managers
- initial in-scope / out-of-scope decisioning
- automated bind processing
- Ensure all decisions made by the rules engine remain within the boundaries of the Underwriting Framework.
- Ensure the rules engine provides support to Account Managers when outcomes require judgment rather than a binary automated decision.
- Partner with the
- CUO , Technical Underwriting Managers , and
Underwriting Oversight & Controls Manager to identify opportunities for improvement.
- Identify opportunities to improve the underlying Underwriting Framework to enable greater automation.
- Monitor system performance, decision outcomes, and exception trends to identify issues in the decisioning logic.
- Investigate and correct defects, inconsistencies, or gaps in the rules engine.
- Coordinate with relevant stakeholders to resolve logic issues quickly and effectively.
- Work closely with underwriting leadership, controls, and technical underwriting specialists to ensure the rules engine supports business goals.
- Act as a key bridge between underwriting strategy, framework design, and automation delivery.
What you need to have
- Experience in underwriting automation, pricing model development, decision engines, or rules management.
- Strong understanding of underwriting frameworks, referrals, and decision support processes.
- Ability to translate underwriting rules and commercial intent into operational logic.
- Analytical and detail-oriented
- Innovative, but disciplined
- Strong technical and commercial judgment
What makes you stand out?
- Strong analytical and problem-solving skills.
- Experience working collaboratively with underwriting, controls, technical, and operational stakeholders.
- Familiarity with automation governance, testing, and continuous improvement is highly desirable.
- Collaborative and influential
- Comfortable operating in a fast-moving, evolving environment
- Focused on accuracy, reliability, and scalable automation
Why join our team
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.
With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective.
For more information about Marsh Risk, visit marsh. com, or follow us on Linked In and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment.
We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
We are an equal opportunities employer.
We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process.
If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh. com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office.
All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
Automated Underwriting Lead in London employer: Marsh McLennan
Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and development. As a Pensions Risk Transfer Consultant in Greater London, you will have the opportunity to make a meaningful impact on clients and communities while managing diverse portfolios and leading projects. With a commitment to employee well-being and continuous learning, Marsh McLennan stands out as a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Automated Underwriting Lead in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Marsh McLennan). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Marsh McLennan. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Automated Underwriting Lead in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Marsh McLennan.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Marsh McLennan. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Marsh McLennan
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Marsh McLennan to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Marsh McLennan, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Marsh McLennan's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.