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.