Senior Underwriting Strategist for Home Insurance

7 days ago


London, Greater London, United Kingdom Direct Line Group Careers Full time
Overview

We are seeking a highly experienced Senior Underwriting Strategist to join our Home Pricing & Underwriting leadership team at Direct Line Group Careers. This is an exciting opportunity for someone who can develop and implement underwriting strategies that drive growth while ensuring customer value.

Salary

The estimated annual salary for this role is £80,000 - £110,000 depending on experience, with a potential bonus of up to 20%.

About the Role

This key position involves leading underwriting strategy development, managing the home products portfolio, and delivering real value for customers and business. You will work closely with stakeholders to ensure alignment and effective decision-making.

  • Develop and implement underwriting strategies to drive growth while maintaining profitability.
  • Manage the home products portfolio using underwriting levers to drive value.
  • Lead and develop the underwriting function to achieve best-in-class performance.
Requirements

To be successful in this role, you will 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.
Benefits

You will enjoy a range of benefits, including:

  • 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 allowing 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.
Working Arrangements

We offer a flexible working model that combines the best aspects of home and office-working, allowing for a better work-life balance. Our team works from home 3 days a week, and we consider flexible working options that suit individual needs.



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