Controls Manager - Underwriting and Insurance

Jefferson Tiley; Greater London; Hybrid; GBP 68,000 - 83,000; Full time

Benefits offered by this job

Bonus

Benefits package

Job summary

Jefferson Tiley is seeking a risk and controls senior to shape an underwriting controls framework in a London-based role. The candidate will bring strong risk/controls expertise within underwriting and have the credibility to challenge senior underwriters.

The role emphasizes governance, oversight, and the ability to identify underlying risks beyond obvious exceptions while working 2–3 days in the office in London.

Qualifications

• Strong controls mindset with understanding of why controls exist.
• Ability to challenge underwriters with credibility and confidence.
• Experience in Lloyd's/London Market or underwriting oversight is ideal.

Responsibilities

• Design, strengthen and maintain an underwriting controls framework.
• Apply risk and controls expertise within an underwriting environment.
• Challenge experienced underwriters and assess control effectiveness beyond completion.

Skills

Underwriting

Risk & controls

Governance

Job description

Strong risk & controls experience, an understanding of underwriting – and the confidence to challenge.

My client is an established insurance business that is investing significantly in its underwriting management and controls framework — and they’re looking for someone who can help shape it.

While hands-on underwriting experience would certainly be valuable, this is first and foremost a risk and controls role.

They need someone with a strong controls mindset who understands why controls exist, what good looks like and, crucially, whether a control is actually managing the risk it was designed to address.

This is not a role for someone who simply ticks boxes, chases exceptions and produces monthly MI.

They need someone who can:

• Design, develop and strengthen an effective underwriting controls framework
• Apply strong risk and controls expertise within an underwriting environment
• Challenge experienced underwriters with confidence and credibility
• Look beyond whether a control has been completed to assess whether it is actually effective
• Identify themes, trends and underlying risks rather than simply individual exceptions
• Bring greater structure, discipline and professionalism to the function
• Influence senior stakeholders and provide meaningful insight to committees

You'll need a good understanding of underwriting, but you don't necessarily need to have been an underwriter yourself.

What is more important is a strong background in risk, controls, governance or underwriting oversight, ideally gained within the Lloyd’s/London Market, together with enough underwriting knowledge to ask the right questions and challenge effectively.

This is a genuine opportunity to build and improve rather than simply maintain an existing framework.

c£75k base + bonus and strong benefits package

London based with 2-3 days a week in the office.

Please note that applicants must have full and unrestricted right to work in the UK.