Underwriter - London, United Kingdom - IQUW Group

IQUW Group

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview:

Our Underwriter's support the Senior Underwriter's in the execution of our underwriting strategy and development of our underwriting apetite, working closely with the Pricing, Technology and Operations teams.

We have an opportunity to join the team on a 6-month fixed-term contract within the Personal Lines Retail Non-Standard area, where our products are electronically distributed via Software Houses.

The main product-lines include our Car and Van propositions, where we have an emphasis on the non-standard market.

Working in a fast paced, agile environment, this role offers you the ability to influence change and opportunities to key stakeholders.

The location for this role is our London office, and we currently operate a hybrid working model. This entails 3 days per week collaborating with colleagues in the office, and 2 days working from home.

Supported by a Senior Underwriter, your main responsibilities in the role will be to:

Contribute to the management of portfolio performance through the analysis of results, supporting the execution of our selection and pricing strategies and providing recommendations that will drive continuous performance improvement, contributing to meeting or exceeding our financial plans
Work alongside the Product Performance Analysts within the team, providing them with direction and support to improve their knowledge and utilising their skills to support the delivery of our strategic goals
Provide input to the development of our underwriting appetite for our product(s) based on your market knowledge and product expertise to take advantage of market opportunities
Support the Team Leader and Operations Manager to create a highperformance culture by demonstrating rolemodel behaviours
Work with the operational leadership team & technical training team to help identify training needs and support employee development through feedback, coaching and training to improve team competency and performance
Aim to get things right first time, achieving the agreed levels of quality

We'd like to hear from you if you have:

An understanding of underwriting strategy and risk appetites and ability to operate within these
Extensive technical knowledge of the product(s), including the features of the product, factors that drive product performance, market dynamics which influence how the product is delivered and the requirements of customers using the product(s)
Underwriting, risk selection and pricing skills which will ensure that we optimise the financial performance of a range of product propositions in a complex and competitive market
Good commercial awareness that allows you to identify and take advantage of market opportunities
Possess an understanding of pricing practices and methodologies with the ability and experience to help us constantly enhance our pricing capability, providing insight and feedback on our pricing models

What you'll get in return: