Underwriting Portfolio Manager

1 week ago


Leeds, Leeds, United Kingdom Q Underwriting Full time


The Role:
We are looking for an enthusiastic Underwriting Manager specializing in Property and Casualty to join our team. In this role, you will be supporting the Chief Underwriting Officer and Portfolio Director by providing your expertise in underwriting to assist in building, analyzing, and reviewing underwriting plans. You will be responsible for liaising between insurers and the MGA to develop underwriting strategies tailored to binders/insurers and ensuring the implementation of best practice underwriting standards throughout the organization.

Responsibilities:
- Attend insurer meetings, formal and ad hoc, and contribute to these meetings as necessary
- Collaborate with the MGA to implement agreed underwriting and pricing strategies
- Analyze data, derive key findings, and make recommendations
- Monitor loss ratio targets by binder and suggest corrective actions when needed
- Develop underwriting plans for approval within the MGU and with insurers
- Work closely with business teams and technical managers to address performance issues
- Provide impact analysis of proposed portfolio changes
- Model and present adhoc data for capacity partners and assist in securing new capacity partners
- Support the MGU in establishing consistent underwriting best practices
- Collaborate with technical managers to enhance technical underwriting practices
- Ensure adherence to underwriting standards
- Assist in proposition development and implementation for new and existing binders

Experience:
The ideal candidate should have a strong understanding of the London Market Insurance Industry and be highly dedicated. Key requirements include:
- ACII qualification or in progress
- Technical underwriting experience in Property or Casualty insurance
- Experience in underwriting within an insurance company
- Preferable experience in working within a portfolio team
- Some knowledge of delegating underwriting would be advantageous
- Proficiency in underwriting calculations such as loss ratios, combined ratios, etc.
- Ability to analyze data and trends effectively
- Strong knowledge of Excel and PowerPoint
- Solution-oriented approach to underwriting
- Focus on profitability and growth

In addition to a competitive salary, we offer a range of benefits including:
- Competitive holiday allowance with the option to buy additional days
- Death in Service benefit
- Company pension scheme
- Enhanced maternity and paternity leave
- Flexible benefits package
- Discounts on various products and services
- Referral schemes
- First-class employee benefits and welfare package
- Comprehensive learning & development opportunities

Why join us?
We take pride in our achievements and continuous growth, having received numerous industry awards. If you are looking to be part of a company that prioritizes its people, we would be delighted to hear from you. PIB is an equal opportunities employer, fostering a diverse and inclusive workforce.

We do not discriminate and are committed to creating a supportive and inclusive work environment that values individuals based on their skills and abilities.



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