Senior Underwriter

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

Job summary

A leading MGA Underwriter is seeking a Property & Casualty Underwriting Manager to drive the business strategy forward. This pivotal role involves leading the underwriting team, overseeing regulatory compliance, managing financial metrics, and enhancing customer satisfaction. The ideal candidate will have strong industry experience and leadership capabilities, ensuring the company's growth and operational excellence.

Qualifications

• Expertise in Property & Casualty commercial insurance required.
• Proven leadership record with a growth-driven mindset.
• Strong understanding of regulatory requirements and financial metrics.

Responsibilities

• Lead underwriting team to achieve performance targets.
• Manage binders, monitor underwriting performance, and maintain capacity.
• Develop growth strategies and build relationships with partners.

Skills

Technical underwriting experience

Market knowledge

Leadership

Financial acumen

Customer satisfaction focus

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:

1. Leadership: Lead the underwriting team to set and execute underwriting strategies, ensuring performance targets and KPIs are met across Property & Casualty product lines.
2. Binder Management: Day-to-day management of our binders, exercising judgment in all underwriting matters, and remaining aware of underwriting limits. Monitoring performance, including exposure monitoring, rate movement, claims trends, and regular capacity reviews.
3. Business Development: Develop growth strategies and implement action plans. Build meaningful, long-term relationships with new and existing partners.
4. Agent Development: Develop and grow the agency database, including underwriter visits, promoting product offerings, target markets, and appetite.
5. Financial Oversight: Manage budgeting, financial planning, and monitor key financial metrics like loss ratio and underwriting performance to maintain business stability and support growth.
6. Operational Excellence: Oversee day-to-day operations, ensuring efficiency, best practices, and continuous process improvements.
7. Regulatory Compliance & Risk Management: Ensure full compliance with FCA regulations and manage business risks effectively.
8. Customer-Centric Approach: Ensure the underwriting strategy meets our agents' requirements and satisfaction, driving a customer-first service experience.
9. 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

1. Expert technical underwriting experience in Property & Casualty within the commercial insurance sector.
2. Strong understanding of the property and casualty delegated authority market, proven market knowledge, and extensive broker contacts.
3. Proven leadership with a growth-driven mindset and a track record of delivering results.
4. Strong understanding of regulatory requirements and industry standards.
5. High-level financial acumen with the ability to innovate and challenge the status quo.
6. Inspirational, inclusive leader capable of making tough decisions and driving team success.
7. Focus on continuous improvement, customer satisfaction, and operational excellence.