At a Glance
- Tasks: Lead strategic initiatives and drive innovation in global underwriting operations.
- Company: Join Canopius, a top player in the Lloyd’s of London insurance market.
- Benefits: Enjoy hybrid working, competitive salary, and comprehensive health benefits.
- Why this job: Shape the future of underwriting and make a real impact in a dynamic environment.
- Qualifications: Proven leadership in strategic roles, preferably in the insurance sector.
- Other info: Be part of a diverse team that values collaboration and continuous improvement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
This newly created senior leadership position offers a unique opportunity to build from the ground up – designing structures, processes, and capabilities. It will require a high degree of creativity, initiative, and problem-solving to shape and embed new ways of working across a complex, global environment. Sitting at the heart of the Global Underwriting function, acting as the engine behind strategic execution, transformation, and operational excellence. This role combines execution leadership, strategic delivery, and cultural influence. You will partner closely with the Group Chief Underwriting Officer (GCUO) to support defining and delivery of the group underwriting strategy.
The Group Underwriting COO will be a strategic operator and strategic lead across a range of initiatives designed to enable core underwriting priorities, ensure strategic alignment, enhance performance and drive long‑term efficiency, ensuring the GCUO’s agenda is delivered with rigour and impact. The role will be responsible for building and leading a cross‑functional team across four core pillars: Strategic Planning & Execution, Advanced Analytics, Optimisation Initiatives, and Performance Support Capabilities. The position will also act as the primary interface between Global Underwriting and functions such as Operations (incl. Technology & Change), Claims, Actuarial and Finance, ensuring alignment across the business to deliver underwriting objectives, operational excellence and efficiency.
Responsibilities will include:
- Strategic Execution & GCUO Support: Serve as a strategic advisor and operator to the GCUO, playing a key role in supporting the definition, delivery, and communication of underwriting strategy to relevant audiences. Drive and oversee the generation, prioritisation, and governance of a portfolio of underwriting initiatives via Canopius’s Operational Planning process. Cultivate a strong feedback loop between the GCUO and key stakeholders across the business, enabling effective information flow and decision‑making. Provide timely counsel and key updates on critical items requiring the GCUO’s attention. Participate in key underwriting forums and other meetings as required by the GCUO.
- Strategic Projects & Transformation: Build and lead the Optimisation initiatives team to develop and execute underwriting projects and ensure follow‑through on key initiatives. Collaborate on the development, standardisation, and continual improvement of underwriting operating models and processes to ensure consistent, scalable, and efficient operations. Take ownership of and help design, coordinate, and track underwriting and cross‑functional high priority initiatives which may be operational, transformational, cultural or strategic in nature. Act as a focal point within Underwriting for innovation and sustainability agendas; promoting product and process innovation aligned to business goals. Partnering with the business to further the creation of next‑generation insurance products, which cater for emerging risks and opportunities.
- Cross‑Functional Engagement: Act as the underwriting conduit to functional partners, eg: Operations (inc. Technology, Data & Change), Claims, Actuarial, and Finance. Managing underwriting interdependencies and driving cross‑functional collaboration to ensure alignment of priorities and help facilitate delivery. Represent underwriting priorities in enterprise‑wide programmes, ensuring needs are understood, resources are aligned, and value is delivered.
- Analytics & Underwriting Performance Improvement Support: Build and oversee the underwriting analytics team spanning data scientists, modelers and BI/analytic deployment staff to deliver actionable insights that inform strategy, support decision‑making, and enhance underwriting performance. Leverage third party resources to ensure timely and sustained execution. Embed data‑driven thinking through the underwriting organisation to help drive underwriting insights and competitive advantage. Establish and monitor key metrics to evaluate strategy, innovation, and underwriting productivity; executing in line with Group Data governance and policies. Collaborate with underwriting leadership peers to assess and establish relevant, timely, and cost‑effective analytic support to improve underwriting production. Support performance oversight and product deep dives, leveraging analytics to support pricing‑effectiveness, risk selection, and portfolio optimisation. Manage the centralised underwriting support capabilities team providing policy wordings and digital product capabilities to ensure efficient and effective use of these resources globally.
- Leadership & Culture: Demonstrate leadership, direction, advice, and coaching to your peers on the global underwriting leadership team, maintaining high levels of integrity to establish an environment that promotes Canopius’ values. Support the development of a high‑performance underwriting culture that values collaboration, accountability, and continuous improvement. Act as a visible leader for transformation and innovation, promoting experimentation and agility.
Skills and experience:
- Highly experienced in global senior strategic, operational, or underwriting leadership roles.
- Experience within the London, Lloyd’s or Specialty insurance market particularly beneficial.
- Strong understanding of commercial insurance operating models.
- Significant experience, or detailed knowledge of, insurance operations.
- Track record developing and leading strategic initiatives that drive sustained business growth, transformation, and efficiency improvements.
- Seasoned leader, with experience working across geographies and with diverse teams.
- Excellent communication, relationship building, and influencing skills; adept at engaging with senior leaders, cross‑functional teams, and technical experts.
- Data driven, with the ability to manage analytics teams and leveraging data for strategic insight and performance enhancement.
- Deep familiarity with insurance performance levers (e.g., loss ratios, underwriting expense, efficiency) and transformation drivers.
- Experience in corporate governance, controls management, and knowledge of ESG considerations in underwriting.
About Us
Our benefits We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non‑contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected. We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio‑economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
Group Underwriting COO in London employer: vavemga
Contact Detail:
vavemga Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Underwriting COO in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Canopius. A friendly chat can open doors and give you insights that might just set you apart from the crowd.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s culture and values. Show us how your experience aligns with our mission and how you can contribute to building a high-performance underwriting culture.
✨Tip Number 3
Don’t just talk about your skills; demonstrate them! Bring examples of past projects where you’ve driven transformation or improved efficiency. We love seeing real-world applications of your expertise.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the latest opportunities right there, tailored for you.
We think you need these skills to ace Group Underwriting COO in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in strategic leadership and operational excellence. We want to see how your skills align with the Group Underwriting COO role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Creativity: This role is all about building from the ground up, so let your creativity shine! Share examples of how you've designed processes or led initiatives that transformed operations in your previous roles. We love innovative thinkers!
Highlight Cross-Functional Collaboration: Since this position involves working closely with various teams, emphasise your experience in cross-functional collaboration. Tell us about times you’ve successfully partnered with different departments to achieve common goals – it’s a big plus for us!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at vavemga
✨Understand the Role Inside Out
Before your interview, make sure you thoroughly understand the Group Underwriting COO role. Familiarise yourself with the key responsibilities and how they align with the company's strategic goals. This will help you articulate how your experience and skills can contribute to building structures and processes from the ground up.
✨Showcase Your Strategic Thinking
Prepare examples that demonstrate your ability to think strategically and lead initiatives. Discuss past experiences where you've successfully driven transformation or operational excellence. Highlight your problem-solving skills and creativity, as these are crucial for shaping new ways of working in a complex environment.
✨Engage with Cross-Functional Collaboration
Since this role involves significant cross-functional engagement, be ready to discuss how you've worked with diverse teams in the past. Share specific instances where you facilitated collaboration between different departments, such as Operations, Claims, or Finance, to achieve common goals.
✨Emphasise Data-Driven Decision Making
Given the importance of analytics in this position, prepare to talk about your experience with data-driven decision-making. Be ready to explain how you've leveraged analytics to enhance performance and inform strategy. This will show your potential employer that you can manage analytics teams effectively and drive insights that lead to competitive advantage.