Job Description - Head of Underwriting Commercial Schemes
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 & 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 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.
