Property & Casualty Underwriting Manager - Portfolio Management
  • England,London
  • full-time
  • £55,000 - £65,000 per annum
Job Description:
Job Title: Property & Casualty Underwriting Manager
Location: London
Full/Part Time: Full Time
Salary Circa: £65,000
Insurance Industry Sectors: Underwriting, Property, Casualty, Liability 
To support the CUO and Portfolio Director with underwriting expertise to help build, analyse and review underwriting plans- liaising regularly between insurers and the MGA in the development of underwriting strategy specific to binders/insurer and in developing and monitoring best practice underwriting standards across the business.
Responsibilities:
*Attend insurer meetings -both formal and ad hoc -and produce or provide inputs to those meetings as required and work with the MGA to implement agreed underwriting and pricing strategy 
*Analyse data and provide key findings and recommendations
*Monitor loss ratio targets by binder and recommend corrective action
*Build underwriting plans for finalising and approval within the MGU and with insurers 
*Work closely with the business teams and technical managers to understand performance issues
*Provide impact analysis of proposed portfolio changes 
*Model and present adhoc data for capacity partners and support the selection and securing of new capacity partners
*Support the MGU in areas where a consistent approach to underwriting best practice needs designing and implementing  
*Liaise with technical managers to develop best practice and a systematic approach to technical underwriting eg technical peer review, licence frameworks, training and development frameworks . 
*Monitor adherence to appropriate underwriting standards 
*Support proposition development and implementation for both new and existing binders
Experience: 
The ideal candidate should possess excellent knowledge and understanding of the London Market Insurance Industry, and be enthusiastic and conscientious. The key responsibilities of the role are:
*ACII or progress towards
*Technical underwriting experience in either Property or casualty insurance 
*Experience gained form an insurance company background in an underwriting role
*Some experience of working within a portfolio team would be of benefit 
*Some knowledge of delegating underwriting would be of benefit.
*Understanding of underwriting calculations - loss ratio, ultimate loss ratios, combined ratios, accident year and underwriting year basis of calculation. 
*Ability to analyse data and trends and draw conclusions form key data sets
*Strong working knowledge of excel and powerpoint
*Solutions focused underwriter 
*Profit and growth approach
Further information:
As well as a competitive salary we offer the following benefits -
*Competitive holiday allowance with the annual option to buy additional days 
*Death in Service benefit of x4 salary
*Company pension scheme
*Enhanced maternity and paternity leave packages
*A flexible benefits package which allows you to add additional benefits to your overall package
*Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
*Discounted rates on company products
For extra information please contact:-
Email:
Job number 1217844
metapel
Company Details:
Lawes Insurance Recruitment
Lawes Consulting Group was founded in 2002 by Steven Lawes and Lee Spink; providing Multi award winning recruitment solutions specialising within the ...
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