At a Glance
- Tasks: Manage portfolio risk and drive profitable growth through strategic underwriting.
- Company: Dynamic Managing General Agent (MGA) with a focus on superior insurance products.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Shape strategy and make a real impact in a fast-paced insurance landscape.
- Qualifications: Proven experience in portfolio risk selection and strong technical underwriting skills.
- Other info: Exciting opportunity for career growth in a supportive and innovative team.
The predicted salary is between 48000 - 72000 £ per year.
My client is a successful Managing General Agent (MGA), working with a select group of insurers to deliver a range of superior insurance products. They are seeking a Portfolio Underwriter with a proven track record in managing portfolio risk selection and underwriting performance. This role combines technical expertise in SME property liability with strategic portfolio management, using data-driven insights to drive profitable growth, align with risk appetite, and deliver excellent customer outcomes.
Key Responsibilities
- Own performance and profitability of assigned portfolios, monitoring MI to identify trends, risks, and opportunities.
- Develop and implement portfolio underwriting strategies, rules, and terms aligned with business objectives.
- Analyse quote conversion, policy retention, claims, and customer behaviour to provide actionable insights.
- Support the full product lifecycle, ensuring documentation and guides reflect portfolio strategy.
- Build relationships with stakeholders, optimise rating approaches, and influence decision-making.
- Contribute to strategic initiatives, product development, and represent the MGA in relevant market forums.
Candidate Profile
- Proven track record in portfolio risk selection and underwriting performance.
- Strong technical skills in SME property liability underwriting, pricing, and portfolio management.
- Experience with MI analysis, underwriting rules, and product development, ideally in MGA, insurer, or delegated authority environments.
- Expert knowledge of underwriting principles, risk selection, and portfolio management.
- Strong analytical, communication, and storytelling skills; strategic thinker; highly organised.
This is an exciting opportunity to apply technical expertise in a dynamic MGA environment, shaping strategy and driving profitable growth.
Senior Underwriter - - Commercial Underwriting - West Midlands in Birmingham employer: The Workplace Consultancy
Contact Detail:
The Workplace Consultancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - - Commercial Underwriting - West Midlands in Birmingham
✨Tip Number 1
Network like a pro! Reach out to industry contacts and attend events related to underwriting. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show off your expertise! Prepare to discuss your portfolio management strategies and how you've used data to drive results. Be ready to share specific examples during interviews.
✨Tip Number 3
Practice your storytelling skills. When discussing your experience, frame it in a way that highlights your strategic thinking and problem-solving abilities. Make it engaging!
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are proactive and genuinely interested in joining our team. It shows you're serious about the opportunity.
We think you need these skills to ace Senior Underwriter - - Commercial Underwriting - West Midlands in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in portfolio risk selection and underwriting performance, as well as any relevant technical skills in SME property liability. We want to see how your background aligns with what we're looking for!
Showcase Your Achievements: When writing your application, don’t just list your responsibilities. Instead, showcase your achievements! Use data-driven insights to demonstrate how you've contributed to profitable growth or improved underwriting performance in previous roles. This will help us see the impact you've made.
Be Clear and Concise: Keep your written application clear and concise. Avoid jargon unless it’s necessary, and make sure your points are easy to understand. We appreciate a straightforward approach that gets to the heart of your qualifications and experiences without fluff.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy to do – just follow the prompts and submit your application!
How to prepare for a job interview at The Workplace Consultancy
✨Know Your Numbers
Make sure you brush up on your MI analysis skills. Be ready to discuss how you've used data to identify trends and drive profitable growth in your previous roles. Having specific examples at hand will show that you can back up your claims with solid evidence.
✨Portfolio Strategies Matter
Familiarise yourself with portfolio underwriting strategies and be prepared to share your thoughts on how you would develop and implement these in line with business objectives. This shows that you’re not just technically skilled but also strategic in your thinking.
✨Build Relationships
Since this role involves building relationships with stakeholders, think about how you’ve successfully influenced decision-making in the past. Share anecdotes that highlight your communication skills and ability to optimise rating approaches.
✨Stay Current
Keep up-to-date with the latest trends in SME property liability and the MGA market. Being able to discuss recent developments or challenges in the industry will demonstrate your passion and commitment to the field, making you a more attractive candidate.