Motor Underwriter
up to £90Kpa

Commercial Motor Portfolio Underwriter/Director

Ref: 3874| Posted: 13th Apr 2022

COMMERCIAL MOTOR PORTFOLIO UNDERWRITER/DIRECTOR for MGA up to £90,000 wfh or office (flexible to location throughout the UK. - Must have experience of Underwriting Motor business and pricing at Senior level.

You will provide specialist technical underwriting and pricing knowledge, market insight and support our client to help deliver capacity management, binder management, and product development within a delegated authority model.

Alongside a strong technical foundation built within an insurance company or MGA environment, a growth focused mindset is an essential requirement in a highly acquisitive business.

This role requires a detailed knowledge and understanding of commercial motor-based insurance, the legal framework that operates for this product line and the long tail nature of this class of business.

The successful applicant will be highly numerate individual with a background in Motor insurance, you will have knowledge of motor pricing techniques, aggregator models. A strong technical background in both underwriting and pricing and previous binder experience would be an advantage but not essential. Ability to influence at senior level and present persuasive arguments, manage projects as leader or participant to deliver objectives within timescales. 

This role requires a detailed knowledge and understanding of commercial motor based insurance, the legal framework that operates for this product line and the long tail nature of this class of business.

Responsibilities include:

  • Take the lead on capacity relationships for a defined portfolio of business. 
  • Manage and control a portfolio of delegated authority business to a set of agreed KPI’s that includes profitability and growth
  • Engage new markets and develop new capacity relationships to support new product lines and routes to market.
  • Take a whole account view assessing claims performance alongside underwriting results to improve loss ratios and product performance
  • Oversee the governance framework for a portfolio of delegated authority business to include licence framework, alongside the appropriate regulatory framework
  • Liaise with various insurers technical and actuarial teams to ensure good outcomes for customers and company 
  • Demonstrate a deep and detailed knowledge and experience with a defined line or lines of commercial motor business

As well as a competitive salary our client 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
  • Very generous maternity and paternity leave packages
  • A flexible benefits package which allows you to add additional benefits to your overall package
  • Portal offers which include discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
  • Referral schemes 
  • Discounted rates on Insurance products 
  • First-class employee benefits and welfare package to support employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
  • The also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
  • They have a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development

Please apply to the role by submitting your most up to date CV. If your application is successful, we will be in touch within 2 working days of receiving your job application to discuss the opportunity in more detail.

Due to the overwhelming application response, should you not hear from us within 5 working days then please assume that your application has been unsuccessful.