Drive Further is on the lookout for an Underwriting Manager to steer our motor insurance underwriting operations towards profitability and excellence. Offering a competitive salary, this role is a superb opportunity to progress in your career within a robust, family-owned collective of businesses encompassing employment law, insurance, and car leasing.
About Drive Further:
At Drive Further (www.drivefurther.co.uk), we pride ourselves on our resolve, transparency, and unwavering dedication to both our customers and team. As an independent entity that believes in moving forward together, we continuously invest in our people and processes to reach new heights in service excellence.
The Role:
This key position involves overseeing underwriting processes and ensuring profitability across our range of motor insurance products. Here’s what you will be tasked with:
* Underwriting Profitability: Ensure the business achieves an overall underwriting profit for motor products (GAP/Cosmetic/Warranty).
* Business Opportunities: Assess new business opportunities and provide timely quotations.
* Policy Management: Prepare, review, and assess policy and contractual documentation reflecting the agreed underwriting parameters.
* Business Partner Collaboration: Work closely with business partners to ensure account performance clarity.
* Business Improvement Projects: Collaborate on business improvement projects with the Managing Director.
Key Accountabilities:
* Account Underwriting: Oversee all new motor schemes and clients with the aim of achieving profitability within the risk appetite.
* Rating Models: Build, review, and refine rating models, including eligibility criteria, reflecting market intelligence, claims data, and competitor analysis.
* Complex Matters: Handle complex underwriting issues.
* Technical Advice: Provide technical advice and guidance on underwriting matters to business partners and other departments.
* Policy Wordings: Assist in the production and governance of policy wordings.
* Business Plan Input: Work with the Head of Underwriting to ensure budget and cost compliance.
* Project Undertaking: Undertake projects as agreed with the Head of Underwriting and support the group as needed.
What You Need:
* Proven Experience: Extensive experience in underwriting management.
* Analytical Skills: Ability to assess underwriting opportunities and build necessary models, including stress testing risks.
Our Offer:
* Dynamic Work Environment: Engage with diverse challenges and collaborative team efforts in our supportive atmosphere.
* Career Growth: Ample opportunities to grow professionally and expand your role within the business.
* Attractive Perks: Enjoy 25 days of holiday, plus bank holidays and your birthday off, a Colleague Assistance Programme, Perk Box benefits, and more.
* Flexible Working: A healthy work-life balance and up to two days per week working from home.
* Recognition and Reward: Participate in our bonus schemes and experience our dedication to celebrating achievements through regular team events.
Join Us:
If you’re looking for a role where your skills can directly influence the growth and success of our collective, apply to become part of the Drive Further team today.
Job Type: Full-time
Pay: £60,000.00-£65,000.00 per year
Benefits:
* Additional leave
* Company events
* Free parking
* On-site parking
* Referral programme
Schedule:
* Monday to Friday
Work Location: Hybrid remote in Cheadle, SK8 3GQ
Reference ID: LRCFA
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