Home Underwriting Strategy Lead
1 month ago
At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we're a customer-obsessed market powerhouse.
Pricing and Underwriting is a complex world, where historical data, geospatial information, and mathematical models meet talented analysts. They reduce risk and predict future events ensuring our business can continue to grow whilst each and every one of our customers gets the best price.
Key Responsibilities
- Develop the underwriting strategy for our home products to help us grow profitably.
- Manage our portfolio using underwriting levers to drive value (footprint, excesses, limits and policy wordings).
- Lead and develop the underwriting function, helping us become best-in-class.
Requirements
- 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.
- An 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.
Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you.
Benefits
- 9% employer contributed pension.
- 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
- 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.
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