At a Glance
- Tasks: Lead and innovate SME underwriting strategies while managing performance and product development.
- Company: Superscript is revolutionising SME insurance with a digital-first approach.
- Benefits: Enjoy hybrid working, 25 days holiday, private health insurance, and a vibrant office culture.
- Why this job: Join a dynamic team focused on growth, innovation, and making a real impact in the insurance sector.
- Qualifications: Experience in commercial SME underwriting and strong leadership skills are essential.
- Other info: Be part of a fun, modern office environment with regular 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 toSpill, our mental health platform
- Cycle to work scheme
- Fun andmodern office environment with regular team social events
- City ofLondon location
#J-18808-Ljbffr
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. Understanding the current market dynamics will not only help you during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in SME underwriting. Attend relevant events or webinars to build connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully led underwriting initiatives or improved product performance in your previous roles. This will showcase your leadership skills and strategic mindset.
✨Tip Number 4
Research Superscript's current SME products and their unique selling points. Being able to articulate how you can contribute to their growth and align with their mission will set you apart from other candidates.
We think you need these skills to ace SME Portfolio Underwriting Lead · London ·
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the SME Portfolio Underwriting Lead position. Tailor your application to highlight relevant experience in commercial SME underwriting and technical skills.
Highlight Relevant Experience: In your CV and cover letter, emphasise your proven experience in SME underwriting, including any specific achievements in product development, risk evaluation, and trading relationships. Use quantifiable results where possible to demonstrate your impact.
Showcase Leadership Skills: Since the role requires strong leadership and mentoring abilities, include examples of how you've successfully led teams or projects in the past. This could involve training underwriters or collaborating with multi-disciplined teams.
Tailor Your Application: Make sure your application is tailored specifically for Superscript. Mention their mission to redefine SME insurance and how your strategic mindset and data-driven decision-making align with their goals. This shows genuine interest and understanding of the company.
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 initiatives you've led.
✨Demonstrate Leadership Skills
As a Portfolio Underwriting Lead, strong leadership is key. Share instances where you've mentored or coached team members, and explain how you foster collaboration within multi-disciplined teams.
✨Know the Regulatory Landscape
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 at Superscript.
✨Build Relationships
Emphasise your ability to build and maintain strong relationships with insurers and partners. Prepare to share examples of how these relationships have contributed to profitable growth in your past roles.