Senior Underwriter

JR United Kingdom; Coventry; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading MGA Underwriter is seeking a dynamic Property & Casualty Underwriting Manager to lead their underwriting team and drive business strategy. This pivotal role includes responsibilities such as managing binders, developing growth strategies, and ensuring regulatory compliance. The candidate will need expert underwriting experience, strong market knowledge, and a proven track record in leadership and financial management.

Qualifications

• Expert technical underwriting experience in Property & Casualty.
• Strong understanding of market and proven broker contacts.
• Leadership with a growth-driven mindset and track record.

Responsibilities

• Lead the underwriting team to execute strategies and meet KPIs.
• Manage budgeting and monitor financial metrics.
• Ensure compliance with FCA regulations and manage risks.

Skills

Leadership

Financial Acumen

Customer Satisfaction

Operational Excellence

Regulatory Understanding

Job description

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An outstanding opportunity for a dynamic and visionary leader to join a leading MGA Underwriter as the Property & Casualty Underwriting Manager and drive the business forwards. Reporting directly to the Board of Directors, you will play a pivotal role in defining and delivering our underwriting strategy.

Key Responsibilities:

• Leadership: Lead the underwriting team to set and execute underwriting strategies, ensuring performance targets and KPIs are met across Property & Casualty product lines.
• Binder Management - Day-to-day management of our binders, exercising judgement in all underwriting matters, and remaining aware of underwriting limits. Monitoring performance, including exposure monitoring, rate movement, claims trends, and regular capacity reviews,
• Business Development – Develop growth strategies and implement action plan. Building meaningful, long-term relationships with new and existing partners.
• Agent Development – Develop and grow the agency database, including underwriter visits, promoting product offering, target markets and appetite.
• Financial Oversight: Manage budgeting, financial planning, and monitoring key financial metrics like loss ratio and underwriting performance to maintain business stability and support growth.
• Operational Excellence: Oversee day-to-day operations, ensuring efficiency, best practices, and continuous improvement in processes are achieved.
• Regulatory Compliance & Risk Management: Ensure full compliance with FCA regulations and manage business risks effectively.
• Customer-Centric Approach: Ensure the underwriting strategy, which meets our agents requirements and satisfaction, driving a customer first service experience.
• Team Development: Foster a culture of collaboration, accountability, and inclusivity while nurturing top talent and developing a high-performance team.

What you'll need to succeed

• Expert technical underwriting experience in Property & Casualty within the commercial insurance sector.
• You will have a strong understanding of the property and casualty delegated authority market and have proven market knowledge and strong capacity and Broker contacts.
• Proven leadership with a growth-driven mindset and a track record of delivering results.
• Strong understanding of regulatory requirements and industry standards.
• High-level financial acumen with the ability to innovate and challenge the status quo.
• Inspirational, inclusive leader who can make tough decisions and drive team success.
• A focus on continuous improvement, customer satisfaction, and operational excellence.