- Posted 18 February 2025
- Salary £80000 - £120000 per annum
- LocationLondon
- Job type Permanent
- DisciplineGeneral Insurance
- Expiry 29 May 2025
- Reference43243_1739875028
Underwriting Manager P&C
Job description
The role
An outstanding opportunity for a dynamic and visionary leader to join a leading MGA Underwriter as the Property & Casualty Underwriting Manager and drive the business forwards. Reporting directly to the Board of Directors, you will play a pivotal role in defining and delivering our underwriting strategy to ensure we achieve our target loss ratios and revenue objectives, while setting the standard for excellence in the industry.
Key Responsibilities:
- Leadership: Lead the underwriting team to set and execute underwriting strategies, ensuring performance targets and KPIs are met across Property & Casualty product lines.
- Binder Management - Day-to-day management of our binders, exercising judgement in all underwriting matters, and remaining aware of underwriting limits. Monitoring performance, including exposure monitoring, rate movement, claims trends, and regular capacity reviews,
- Business Development - Develop growth strategies and implement action plan. Building meaningful, long-term relationships with new and existing partners.
- Agent Development - Develop and grow the agency database, including underwriter visits, promoting product offering, target markets and appetite.
- Financial Oversight: Manage budgeting, financial planning, and monitoring key financial metrics like loss ratio and underwriting performance to maintain business stability and support growth.
- Operational Excellence: Oversee day-to-day operations, ensuring efficiency, best practices, and continuous improvement in processes are achieved.
- Regulatory Compliance & Risk Management: Ensure full compliance with FCA regulations and manage business risks effectively.
- Customer-Centric Approach: Ensure the underwriting strategy, which meets our agents requirements and satisfaction, driving a customer first service experience.
- Team Development: Foster a culture of collaboration, accountability, and inclusivity while nurturing top talent and developing a high-performance team.
What you'll need to succeed
- Expert technical underwriting experience in Property & Casualty within the commercial insurance sector.
- You will have a strong understanding of the property and casualty delegated authority market and have proven market knowledge and strong capacity and Broker contacts.
- Proven leadership with a growth-driven mindset and a track record of delivering results.
- Strong understanding of regulatory requirements and industry standards.
- High-level financial acumen with the ability to innovate and challenge the status quo.
- Inspirational, inclusive leader who can make tough decisions and drive team success.
- A focus on continuous improvement, customer satisfaction, and operational excellence.
- A minimum cert CII is desirable.
Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.
Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
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