Head of Underwriting Commercial Schemes - Brown & Brown (Europe) : Job Details

Head of Underwriting Commercial Schemes

Brown & Brown (Europe)

Job Location : Bromley, UK

Posted on : 22/11/2024 - Valid Till : 03/01/2025

Job Description :

Head of Underwriting (Commercial Schemes)

Location: Bromley / hybrid

Salary: £negotiable

Camberford Underwriting, a valued & rapidly growing part of the Brown & Brown Group, are looking to recruit a Head of Underwriting to join our business. As a key member of the leadership team, you will be responsible for the account management for the Commercial products delivering the underwriting and pricing strategy in the UK . You will provide oversight and ensure best practice is achieved through embedded technical standards & controls.

This is a fantastic opportunity for an experienced underwriter to further develop their career in a senior position, with further opportunities for career advancement on offer as the business continues to evolve.

Responsibilities will include:

  • Responsibility for and oversight of underwriting, pricing and loss ratio performance
  • Ensure loss ratio performance is within agreed targets for all Commercial products and schemes
  • Deal with referrals from the trading team to ensure they win and retain business whilst delivering sustainable results
  • Support the Underwriting Director by providing information and data for our carrier partners for monthly meetings and QBR's
  • Proactively support defining, implementing and overseeing our underwriting and pricing strategy
  • Work with actuaries to monitor the development of open and closed underwriting years
  • Oversight and involvement of all products from a technical underwriting perspective ensuring they meet their target market and deliver fair value
  • Develop and manage technical and pricing controls
  • Support the Governance team with internal/external audits and product governance
  • Support the production of Board and ExCo packs as required including presenting when requested
  • Adhere to all regulatory requirements and SMCR regime
  • Provide learning material and take part in delivery of technical underwriting training

Job Knowledge, Skills & ExperienceRequired:

  • Proven track record in underwriting leadership within an MGA, insurer or Lloyd's environment
  • 10 + years of UK commercial liability underwriting experience
  • In depth knowledge and understanding of commercial lines underwriting
  • Niche Scheme experience
  • Policy wording drafting
  • Experience of managing stakeholder relationships (i.e. insurer partners and 3rd party suppliers)
  • Experience of implementing underwriting and pricing strategies

Advantageous:

  • Previous experience in the MGA market
  • Understanding of the Commercial Scheme market
  • Experience of contract negotiations
  • Creation and delivery of underwriting training
  • Data & Analytics skills
  • ACII qualified (or working towards)

For more information please apply online or contact Dan Hurley.

Salary : -

Apply Now!

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