Job Title: Portfolio Underwriter
Company: IDEX Consulting Ltd
Location: Yorkshire - 2 Days in the office
Job Type: Full-time
We are seeking an experienced Portfolio Underwriter to manage and develop a team of underwriters, ensuring top-tier performance across our insurance business. In this role, you will be responsible for underwriting a bespoke commercial motor product, managing policy preparation, and ensuring compliance with industry standards. You will collaborate with various departments, including Actuarial, Pricing, and Claims, to optimize underwriting processes and profitability.
Key Responsibilities:
* Lead and support a team of underwriters, driving performance and maintaining high standards.
* Underwrite bespoke commercial motor products, ensuring tailored coverage and competitive pricing.
* Review pricing requests and work closely with the Pricing/Actuarial teams to ensure appropriate pricing and profitability.
* Conduct monthly performance reviews, identifying key movements and recommending actions.
* Coordinate the annual review of programs to adjust premiums and meet customer needs.
* Foster relationships with internal and external stakeholders, ensuring seamless collaboration.
* Stay updated with industry regulations and provide guidance on complex underwriting matters.
Qualifications & Experience:
* Bachelor’s Degree in business, finance, or related field (preferred).
* Minimum of 7 years in underwriting, with significant experience in personal lines or commercial motor underwriting.
* Proven ability to make complex decisions and analyze insurance trends.
* Strong financial and risk analysis skills.
* Proficiency in MS Office; experience with underwriting models is a plus.
* Excellent leadership, communication, and coaching skills.
* Deep understanding of underwriting, pricing, and reserving methodologies.
* Ability to build strong relationships with customers and internal teams.
* Strong focus on risk management and continuous improvement.
If you are a results-driven leader with a passion for bespoke commercial motor products and insurance, we’d love to hear from you!
Seniority Level:
Mid-Senior level
Job Function:
Other
Industries:
Insurance and Insurance Carriers
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