At a Glance
- Tasks: Lead a portfolio of 380,000 customers and drive strategic projects for growth.
- Company: Simply Business, a tech-driven insurance provider supporting small businesses.
- Benefits: Flexible work-life balance, generous leave, competitive salary, and personal development support.
- Why this job: Make a real impact in the insurance industry while championing small businesses.
- Qualifications: Chartered ACII or equivalent, with strong portfolio management and communication skills.
- Other info: Inclusive culture with excellent career growth opportunities and a commitment to social responsibility.
The predicted salary is between 43200 - 72000 £ per year.
Here’s what you’ll be doing:
- You will take the lead on managing a significant portfolio of 380,000 customers with £120m GWP across our landlord and SME segments.
- This is a strategic role where you won’t just maintain performance; you will define and own the portfolio strategy, ensuring we remain accountable for our processes and future success.
- We are looking for a leader to drive forward large projects that support our MGA growth strategy.
- Working with us means championing the small business cause and ensuring we are seen as an honest, inclusive, and reliable insurance provider in everything we do.
As our Underwriting Manager, you’ll:
- Define and own the portfolio strategy, taking accountability for current and future performance.
- Build strong, credible relationships with internal stakeholders and external capacity providers to ensure high underwriting quality.
- Monitor claims performance, own the large loss process, and manage the referral process from our Contact Centre Technical Team.
- Lead, train, and develop the team to drive a culture of high performance and support individual growth.
- Develop and maintain underwriting guidelines, ensuring strict adherence to regulatory, compliance, and market practices.
- Lead our audit and peer review processes to ensure our high standards are consistently maintained.
We’re looking for someone who is:
- Qualified as a chartered ACII (or holds an equivalent professional qualification).
- Experienced in portfolio management with a deep understanding of underwriting principles, ideally in commercial lines.
- A natural innovator who brings ideas to drive growth, improve efficiency, and launch products on new distribution channels.
- Excellent at problem-solving and analytics, comfortable making decisions with full underwriting authority.
- A strong communicator capable of delivering complex messages to a variety of people and cultivating strong relationships.
- Adept at staying up to date on industry trends, regulatory changes, and has exposure to the full insurance business.
We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive, supportive place for you to be you and do your very best work.
About Simply Business:
We insure small businesses and enable big dreams – not just for our customers, but for our people and communities too. With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades. We’re a technology company as well as one that sells insurance. That means we build, we fail, we learn and we improve. We’re a B Corp too, which recognises our strong track record of having a positive impact on people, society and the environment.
What are the benefits of working at Simply Business?
- We offer a great work-life balance where every team member has a manageable workload and the flexibility to work hybrid.
- On top of the 25 days annual leave (plus bank holidays), we offer leave that suits your needs.
- Plus the option to buy five more days of holiday with your flexible benefits.
- Our flexible parental leave allows you to approach an important time how you want – with six months full pay to the primary caregiver and four weeks full pay if you’re the secondary caregiver.
- Our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday.
- And as a thank you to our long-serving employees we offer a two week paid sabbatical after five years of service, then four weeks off after ten years of service.
- Our core benefits can put your mind at ease with private medical insurance through BUPA, that covers any pre-existing condition.
- And a health cash plan that covers your everyday medical expenses.
- We also make sure you’re compensated fairly with a competitive salary based on your experience and the market we’re in.
- Plus the potential to earn an annual bonus based on performance.
- There’s access to the tools to support your personal development with programmes on our dedicated learning platform.
- As well as support for your mental health with access to counselling.
- We’ll match what you put into your pension up to five per cent.
- And pass on a tax-free sum that’s four times your basic salary with our life assurance policy, with the option to increase it to ten times through our flexible benefit scheme.
- Our salary sacrifice car scheme gives you the option to buy a brand new, fully insured, and maintained car for a convenient fixed monthly amount taken from your gross salary (after 6 months service).
- And our flexible benefits scheme gives you an allocated amount to use each year on benefits like critical illness cover, dental insurance, travel insurance, or a gym membership.
Ready to join us and drive our success as a high-performing team? Apply today.
Underwriting Manager employer: Simply Business
Contact Detail:
Simply Business Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who might know someone at Simply Business. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by researching Simply Business thoroughly. Understand their values, recent projects, and how they support small businesses. This will show you're genuinely interested and ready to contribute to their mission.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the Underwriting Manager role. Highlight your portfolio management skills and any innovative ideas you have to drive growth – this is your chance to shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re tech-savvy and keen on joining a company that values innovation.
We think you need these skills to ace Underwriting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Manager role. Highlight your experience in portfolio management and any relevant qualifications like ACII. 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 passionate about the role and how you can contribute to our mission at Simply Business. Let us know what makes you the perfect fit!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven growth or improved efficiency in previous roles. We love seeing results!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s straightforward, and we’ll be able to review your application more efficiently. Let’s get started on this journey together!
How to prepare for a job interview at Simply Business
✨Know Your Portfolio Inside Out
Before the interview, make sure you thoroughly understand the portfolio you'll be managing. Familiarise yourself with the key metrics, customer segments, and any recent performance trends. This will not only show your preparedness but also allow you to discuss how you can enhance the portfolio strategy effectively.
✨Showcase Your Leadership Skills
As an Underwriting Manager, you'll need to lead a team and drive projects. Prepare examples of how you've successfully led teams in the past, focusing on your ability to develop talent and foster a high-performance culture. Be ready to discuss specific challenges you faced and how you overcame them.
✨Build Relationships with Stakeholders
Highlight your experience in building strong relationships with both internal and external stakeholders. Think of examples where your communication skills made a difference in achieving underwriting quality or resolving issues. This will demonstrate your capability to collaborate effectively in a strategic role.
✨Stay Updated on Industry Trends
Make sure you're up to date with the latest trends and regulatory changes in the insurance industry. Bring insights to the interview about how these trends could impact Simply Business and discuss how you would adapt the portfolio strategy accordingly. This shows your proactive approach and commitment to continuous learning.