At a Glance
- Tasks: Lead SME underwriting strategy and drive profitable growth in a dynamic environment.
- Company: Superscript is revolutionising SME insurance with a digital-first approach.
- Benefits: Enjoy 25 days holiday, hybrid working, private health insurance, and a vibrant office culture.
- Why this job: Join a mission-driven team focused on innovation and making a real impact in the insurance sector.
- Qualifications: Experience in commercial SME underwriting and strong leadership skills are essential.
- Other info: Located in the heart of London with regular team social events.
The predicted salary is between 48000 - 84000 £ per year.
About the role
At Superscript, we’re on a mission to redefine SME insurance, leading the next generation of insurance-digitally. To help us on our exciting mission, we’re seeking an experienced and dynamic SME Portfolio Underwriting Lead to oversee and drive profitable growth within SME, including our mid-market segment!
The Portfolio Underwriting Lead will define and execute our SME underwriting strategy, lead underwriting initiatives, manage underwriting performance, develop trading relationships with insurers and partners, and support the execution of our business strategy across our Landlord, Tradespersons, Professionals, and SME products.
What you\’ll get up to:
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Technical underwriting focused on SME underwriting strategy, performance analysis, product development and oversight of delegated arrangements.
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Develop the SME underwriting strategy aligning to the wider business strategy and objectives.
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Support the management of our SME product portfolio, reviewing how we’re performing and identifying opportunities for improvement.
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Lead product simplification efforts and ensure product value and clarity for customers, aligning to Consumer Duty and other regulatory responsibilities.
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Working in collaboration with multi-disciplined trading teams, including Product, Commercial and Data Science.
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Developing and evolving market leading wordings for SME products.
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Build and maintain strong relationships with insurers and partners to promote profitable growth.
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Lead in the design and refinement of SME products and propositions.
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Provide oversight and support to a team of underwriters and SME trading teams, offering guidance, training, and development.
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Ensure underwriting practices comply with FCA requirements, internal governance, and delegated authorities.
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Participate in audits and conduct risk assessments where required.
About you:
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Proven experience in commercial SME underwriting, with a strong track record of technical underwriting and trading.
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Extensive knowledge of SME insurance products, risk evaluation, product development optimisation, and rating methodologies.
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Strong leadership, mentoring, and coaching skills.
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Excellent communication and relationship-building abilities, especially with insurers and partners.
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Strategic mindset with the ability to use data to drive decisions.
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Familiarity with FCA regulations and UK insurance compliance standards.
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Dip CII or equivalent preferred.
In return, we offer you:
- A competitive salary and the ability to grow your career
- 25 days holiday – so there’s plenty of time for work, rest and play
- Hybrid way of working for the perfect work / life balance
- Vitality private health and dental insurance
- Added benefits including competitive pension and salary sacrifice
- Access to financial wellbeing platform Mintago
- Full access toSpill , our mental health platform
- Cycle to work scheme
- Fun andmodern office environment with regular team social events
- City ofLondon location
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SME Portfolio Underwriting Lead · London · employer: Superscript
Contact Detail:
Superscript Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SME Portfolio Underwriting Lead · London ·
✨Tip Number 1
Familiarise yourself with the latest trends in SME insurance and underwriting. This will not only help you understand the market better but also allow you to engage in informed discussions during interviews, showcasing your expertise and enthusiasm for the role.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those involved in SME underwriting. Attend relevant events or webinars to build connections and gain insights that could give you an edge when applying for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully led underwriting initiatives or improved product performance in previous roles. This will demonstrate your leadership skills and strategic mindset, which are crucial for the Portfolio Underwriting Lead position.
✨Tip Number 4
Research Superscript's current SME products and their market positioning. Understanding their offerings will enable you to articulate how you can contribute to their growth and align your experience with their business strategy during the interview process.
We think you need these skills to ace SME Portfolio Underwriting Lead · London ·
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in commercial SME underwriting. Focus on your technical skills, leadership abilities, and any relevant achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of SME insurance and your strategic mindset. Mention specific examples of how you've driven profitable growth in previous roles and how you can contribute to Superscript's mission.
Highlight Relevant Experience: In your application, emphasise your familiarity with FCA regulations and UK insurance compliance standards. Discuss your experience in product development and risk evaluation, as these are key aspects of the role.
Showcase Leadership Skills: Since the role involves leading a team, make sure to include examples of your mentoring and coaching experiences. Highlight how you've built strong relationships with insurers and partners in your previous positions.
How to prepare for a job interview at Superscript
✨Showcase Your Technical Expertise
Make sure to highlight your experience in commercial SME underwriting. Be prepared to discuss specific examples of how you've developed and executed underwriting strategies, as well as any successful product development initiatives you've led.
✨Demonstrate Leadership Skills
Since the role involves overseeing a team of underwriters, it's crucial to showcase your leadership abilities. Share instances where you've mentored or coached team members, and explain how you foster collaboration within multi-disciplined teams.
✨Understand Regulatory Compliance
Familiarise yourself with FCA regulations and UK insurance compliance standards. Be ready to discuss how you've ensured compliance in previous roles, and how you would approach this aspect in the new position.
✨Build Relationships
Emphasise your communication and relationship-building skills. Prepare to talk about how you've developed strong partnerships with insurers and other stakeholders, and how these relationships have contributed to profitable growth in your past roles.