Job Title: Property & Casualty Underwriting Manager

Location: London

Full/Part Time: Full Time

Salary Circa: £65,000

Insurance Industry Sectors: Underwriting, Property, Casualty, Liability 

To support the CUO and Portfolio Director with underwriting expertise to help build, analyse and review underwriting plans- liaising regularly between insurers and the MGA in the development of underwriting strategy specific to binders/insurer and in developing and monitoring best practice underwriting standards across the business.

Responsibilities:

• Attend insurer meetings -both formal and ad hoc -and produce or provide inputs to those meetings as required and work with the MGA to implement agreed underwriting and pricing strategy 
• Analyse data and provide key findings and recommendations
• Monitor loss ratio targets by binder and recommend corrective action
• Build underwriting plans for finalising and approval within the MGU and with insurers 
• Work closely with the business teams and technical managers to understand performance issues
• Provide impact analysis of proposed portfolio changes 
• Model and present adhoc data for capacity partners and support the selection and securing of new capacity partners
• Support the MGU in areas where a consistent approach to underwriting best practice needs designing and implementing  
• Liaise with technical managers to develop best practice and a systematic approach to technical underwriting eg technical peer review, licence frameworks, training and development frameworks . 
• Monitor adherence to appropriate underwriting standards 
• Support proposition development and implementation for both new and existing binders

Experience: 

The ideal candidate should possess excellent knowledge and understanding of the London Market Insurance Industry, and be enthusiastic and conscientious. The key responsibilities of the role are:

• ACII or progress towards
• Technical underwriting experience in either Property or casualty insurance 
• Experience gained form an insurance company background in an underwriting role
• Some experience of working within a portfolio team would be of benefit 
• Some knowledge of delegating underwriting would be of benefit.
• Understanding of underwriting calculations - loss ratio, ultimate loss ratios, combined ratios, accident year and underwriting year basis of calculation. 
• Ability to analyse data and trends and draw conclusions form key data sets
• Strong working knowledge of excel and powerpoint
• Solutions focused underwriter 
• Profit and growth approach

Further information:

As well as a competitive salary we offer the following benefits -

• Competitive holiday allowance with the annual option to buy additional days 
• Death in Service benefit of x4 salary
• Company pension scheme
• Enhanced maternity and paternity leave packages
• A flexible benefits package which allows you to add additional benefits to your overall package
• Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
• Discounted rates on company products

For extra information please contact:-

Email: