Senior Underwriting Manager

1 week ago


London, Greater London, United Kingdom Direct Line Insurance Group plc Full time
About the Role

We are seeking a highly skilled and experienced Senior Underwriting Manager to lead our Home Pricing strategy team. As a key member of our leadership team, you will be responsible for developing and implementing underwriting strategies to drive growth and profitability.

The successful candidate will have a strong understanding of underwriting principles, risk assessment, and pricing strategies, specifically across Personal Lines (ideally Home Insurance). They will also have experience of managing multiple products across different brands in a large organisation.

Key responsibilities will include developing the underwriting strategy for our home products, managing our portfolio using underwriting levers to drive value, leading and developing the underwriting function, and adhering to and embedding our Governance and Control framework.

The estimated salary for this role is £120,000 - £150,000 per annum, depending on experience. In addition to a competitive salary, we offer a range of benefits, including 9% employer contributed pension, 50% off home, motor and pet insurance, private medical cover, up to 20% bonus, and many more.

What You'll Need
  • A strong understanding of underwriting principles, risk assessment, and pricing strategies, specifically across Personal Lines (ideally Home Insurance).
  • Experience of managing multiple products across different brands in a large organisation.
  • Understanding of Personal Lines distribution channels, including phone, digital and price comparison websites.
  • Proficient in developing underwriting policies and procedures, ensuring compliance with regulatory regulations.
  • Ability to assess and mitigate risks associated with underwriting decisions.
  • Proven leadership and people management skills with the capacity to manage stakeholders effectively.
  • Strong problem-solving skills & a keen eye for attention to detail.
  • Excellent communication and a team player.
  • Good knowledge of IT principles and processes.
  • Creativity, Passionate, Inquisitiveness nature & Innovative.
  • Analytical mindset.
Our Benefits
  • 9% employer contributed pension.
  • 50% off home, motor and pet insurance.
  • Private medical cover.
  • Up to 20% bonus.
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • Health Insurance.
  • 30 days annual leave plus the option to buy/sell up to 5 days per year.
  • Buy as you earn share scheme.
  • Employee discounts and cashback.
  • Plus many more #LI-HYBRID #LI-AW1#


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