SME Portfolio Underwriting Lead
SME Portfolio Underwriting Lead

SME Portfolio Underwriting Lead

Full-Time 43200 - 72000 £ / year (est.) No home office possible
S

At a Glance

  • Tasks: Lead and innovate SME underwriting strategies while managing performance and relationships.
  • 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 redefining insurance and making a real impact.
  • Qualifications: Proven experience in commercial SME underwriting and strong leadership skills required.
  • Other info: Located in the City of London with regular team social events.

The predicted salary is between 43200 - 72000 £ 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:

  • Technical underwriting focused on SME underwriting strategy, performance analysis, product development and oversight of delegated arrangements.
  • Develop the SME underwriting strategy aligning to the wider business strategy and objectives.
  • Support the management of our SME product portfolio, reviewing how we’re performing and identifying opportunities for improvement.
  • Lead product simplification efforts and ensure product value and clarity for customers, aligning to Consumer Duty and other regulatory responsibilities.
  • Working in collaboration with multi-disciplined trading teams, including Product, Commercial and Data Science.
  • Developing and evolving market leading wordings for SME products.
  • Build and maintain strong relationships with insurers and partners to promote profitable growth.
  • Lead in the design and refinement of SME products and propositions.
  • Provide oversight and support to a team of underwriters and SME trading teams, offering guidance, training, and development.
  • Ensure underwriting practices comply with FCA requirements, internal governance, and delegated authorities.
  • Participate in audits and conduct risk assessments where required.

About you:

  • Proven experience in commercial SME underwriting, with a strong track record of technical underwriting and trading.
  • Extensive knowledge of SME insurance products, risk evaluation, product development optimisation, and rating methodologies.
  • Strong leadership, mentoring, and coaching skills.
  • Excellent communication and relationship-building abilities, especially with insurers and partners.
  • Strategic mindset with the ability to use data to drive decisions.
  • Familiarity with FCA regulations and UK insurance compliance standards.
  • 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 to Spill , our mental health platform
  • Cycle to work scheme
  • Fun and modern office environment with regular team social events
  • City of London location

If you're an experienced and dynamic Portfolio Underwriting Lead who's overseen and driven profitable growth within the commercial SME sector, we'd like to hear from you!!

SME Portfolio Underwriting Lead employer: Superscript

At Superscript, we pride ourselves on being an innovative employer that champions the next generation of SME insurance. Our dynamic work culture fosters collaboration and growth, offering employees a competitive salary, generous holiday allowance, and a hybrid working model to ensure a healthy work-life balance. With access to comprehensive health benefits, professional development opportunities, and a vibrant office environment in the heart of London, we are committed to supporting our team members in achieving their career aspirations while making a meaningful impact in the industry.
S

Contact Detail:

Superscript Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land SME Portfolio Underwriting Lead

✨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 speak confidently about how you can contribute to our mission at StudySmarter.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who have experience in SME underwriting. Building relationships can provide you with valuable insights and potentially lead to referrals that could strengthen your application.

✨Tip Number 3

Prepare to discuss specific examples of how you've driven profitable growth in previous roles. Highlighting your achievements in technical underwriting and product development will demonstrate your capability to excel in this position.

✨Tip Number 4

Stay updated on FCA regulations and compliance standards relevant to SME insurance. Showing your knowledge in this area during discussions will reflect your commitment to maintaining high standards in underwriting practices.

We think you need these skills to ace SME Portfolio Underwriting Lead

Commercial SME Underwriting Experience
Technical Underwriting Skills
Performance Analysis
Product Development
Risk Evaluation
Rating Methodologies
Leadership and Mentoring
Excellent Communication Skills
Relationship-Building with Insurers and Partners
Strategic Mindset
Data-Driven Decision Making
FCA Regulations Knowledge
UK Insurance Compliance Standards
Dip CII or Equivalent

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in commercial SME underwriting. Focus on your technical underwriting skills, leadership experience, 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 and developed trading relationships in previous roles.

Highlight Relevant Skills: Emphasise your knowledge of FCA regulations and UK insurance compliance standards. Include any qualifications like Dip CII that are relevant to the role, as well as your ability to use data for decision-making.

Showcase Leadership Abilities: Discuss your experience in mentoring and coaching teams. Provide examples of how you've led initiatives or projects that resulted in improved underwriting performance or product development.

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 performance analysis you've conducted.

✨Demonstrate Leadership Skills

Since the role involves leading a team of underwriters, it's crucial to showcase your leadership, mentoring, and coaching abilities. Share instances where you've successfully guided a team or improved their performance.

✨Understand Regulatory Requirements

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 in the new position.

✨Build Relationships

Emphasise your communication and relationship-building skills, especially with insurers and partners. Prepare to share examples of how you've developed strong trading relationships that have led to profitable growth.

SME Portfolio Underwriting Lead
Superscript
S
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>