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Senior Underwriting Manager

Job Description

Senior Underwriting Manager - Motor Insurance - UK or Gibraltar Based

Salary £DOE plus relocation assistance if required

SRGEurope are actively searching for a UK experienced senior level experienced Insurance Underwriting Manager to join an Insurance Company with offices in the UK and Gibraltar. The Underwriting Manager will be fully responsible for all aspects of the Insurance business based out of the UK and will report directly to other Directors based in the UK as well as Gibraltar.

The Underwriting Manager will have direct responsibility for the office in Gibraltar and will need to be capable of working autonomously, develop client relations and manage all dealings with the Gibraltar FSC. This is a progressive business and you will need to demonstrate a good knowledge of Motor Insurance. What the company is looking for is an individual with a strong under-writing background, someone who is self-motivated and able to demonstrate that they can actively contribute to building a profitable business. The company is young and is continuing to develop the particular market segments in which it wants to trade. The business model is for distribution to be on-line through aggregators, therefore it is a quick-moving and a rapidly changing environment. The current team is small, so the Underwriting Manager would need to get involved in all areas of the business, from analysing data, through pricing decisions, monitoring the claims department, advising on customer issues, dealing with aggregators direct and being a point of contact in the Gibraltar office.

The Senior Underwriting Manager Role and Responsibilities are:

  • Lead and develop the company's Private Motor Pricing, Product and Underwriting Strategy
  • Utilize management information to achieve portfolio objectives including profitability and premium growth and identify/execute relevant actions to address under-performing areas of the account
  • Provide an analysis of account to support required changes for New Business and Renewals
  • Communicate strategic direction, operational decisions and underwriting perspective to key internal and external partners
  • Accountable for reporting to the Board on the performance of the account
  • Deliver on ad-hoc proposals to key internal and external stakeholders
  • Liaise with Reinsurance brokers and market to ensure successful placement of reinsurance program and/or other portfolio de-risking programs
  • Contribute to the development of strategic business plans and annual budgets
  • Ensure company integrity and principles are upheld on critical matters such as financial reporting accuracy, legal and regulatory requirements
  • Provide influence and impact to functional areas not under direct management
  • Lead and participate in various Board sub-committees
  • Proactively support development of self and others

The Senior Underwriting Manager Requirements are:

  • Third level degree or appropriate professional qualification
  • Minimum of 7 years proven track record in a senior underwriting role
  • Ability to operate at Board Level
  • Knowledge and experience of the UK Private Motor market
  • A demonstrable record of thinking strategically, underwriting for stability and growth
  • Extensive knowledge of underwriting methods and procedures
  • Excellent analytical and numerical ability
  • Ability to evaluate and recommend solutions relating to management of the portfolio and/or other business initiatives
  • Excellent communication (oral and written), interpersonal & negotiation skills
  • Proactive, focused and structured attitude to work and an ability to constantly meet deadlines
  • Comfortable challenging the ideas of others and presenting reasoned alternatives
  • Ability to prioritise and multi-task
  • Occasional overseas travel required

If this sounds like the career progression you are looking for in your Insurance Management career, please send your CV without delay. The client is interviewing now.

Skills: CII , Dip CII , Senior Underwriter , Manager , Insurance , Motor Insurance

Ref: 12635/001