Pet Underwriter

Direct Line Group Careers; City Of London; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading insurance provider in the UK is seeking a Pet Underwriter to manage insurance portfolios and contribute to product development. In this role, you will collaborate with various teams to enhance underwriting strategies and ensure successful product migrations. Ideal candidates will have experience in personal lines insurance and a proven track record in technical underwriting. This position offers a hybrid working model and excellent benefits.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Up to 10% bonus

25 days annual leave

Employee discounts and cashback

Qualifications

• Experience of managing portfolios in a personal lines insurance product.
• Experience of working in Pet or Medical products preferable.
• Proven track record of technical underwriting expertise.
• Understanding of relevant insurance regulations & legislation.

Responsibilities

• Support on product migration to new platform.
• Oversee successful product migration & development.
• Deliver underwriting strategy in collaboration with teams.
• Manage the portfolio of Pet Products.

Skills

Portfolio management

Interpersonal skills

Stakeholder management

Technical underwriting expertise

Understanding of insurance regulations

Job description

About Us

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

Pricing and Underwriting is a complicated world, where historical data, geospatial information, and mathematical models meet talented analysts. Pricing our products is a fine line between balancing our business goals and customer needs. That’s why our Pricers and Underwriters are the best of the best. They reduce risk and predict future events ensuring our business can continue to grow whilst each and every one of our consumers gets the best price.

Join us as a Pet Underwriter in our Pet Pricing & Underwriting Team. Direct line & Churchill have a legacy of being a strong brand in the Pet market – we’re looking for an enthusiastic and self-Pricing lead to join our exciting team as we look to grow our brands and offerings.

What you’ll be doing

Working in an agile way means you’ll take charge early on, soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers lives. We’ll utilise your skills where they are most needed whilst also giving you the opportunity to build and grow the breadth of your expertise.

Reporting into the Pricing & Underwriting Portfolio & Optimisation lead, key responsibilities will include:

• Initially supporting on the migration of our existing products onto a new platform & a successful delivery of our new & updated product suite, data requirements & schema definitions working in a highly focused, cross-group environment.

• Working in a fast paced environment, you’ll oversee a successful migration & develop out future products in a new & exciting part of the group.

• Work closely with the Head of Pricing & Underwriting & Pet pricing lead, and trading team to deliver underwriting strategy

• Portfolio management of the Pet Products

• Assessing Underwriting criteria, wordings & emerging risks

• Enacting and enhancing our underwriting controls

• Liaising with our trading teams to deliver great customer and commercial outcomes

• Working closely with our claims & operation teams to manage indemnity control

• Working closely with the pricing & underwriting team to deliver great pricing & underwriting outcomes

• Dealing with underwriting referrals

What you’ll need

• Experience of managing portfolios in a personal lines insurance product

• Experience of working in Pet or Medical products preferable

• Proven track record of technical underwriting expertise

• Understanding of relevant insurance regulations & legislation

• An ability to manage multiple partner schemes/products across various sales channels

• Great interpersonal skills & stakeholder management, dealing with stakeholders of all levels, internally and externally

• Understanding of indemnity control

• Ability to innovate & work in a fast paced environment, working with a breadth of initiatives

• Experience working to budgets & developing business cases for capability enhancement

Ways of working

Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 50% of your week, and we'll consider the flexible working options that work best for you.

What we’ll give you

(Band 4) We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Our core benefits include:

• 9% employer contributed pension

• 50% off home, motor and pet insurance plus Green Flag breakdown cover

• Additional optional Health and Dental insurance

• Up to 10% bonus

• EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.

• 25 days annual leave, increasing each year up to a maximum of 28

• Buy as you earn share scheme

• Employee discounts and cashback

• Plus many more!

Being Yourself

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you. Discover more at directlinegroupcareers.com

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