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 trainingJob Knowledge, Skills & Experience Required:
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 strategiesAdvantageous:
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
