Head Office Underwriting Manager – Casualty

Job Title – Underwriting Manager – Casualty Schemes
Contract – Permanent
Salary – Up to GBP80,000
Location – London
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Our Client has an opportunity for a highly motivated and experienced Technical Centre Schemes Manager (Casualty) to manage the performance of the companys schemes business which is crucial to the ongoing success of our Commercial Strategic Business Unit.
Reporting to the Head of Central Commercial Underwriting, you will help lead the performance of the Schemes Account through analysis, control, monitoring, reporting, renewal and acceptance of New and Existing Casualty Commercial Schemes and Delegated Authority Arrangements as well as analysis, control, monitoring, reporting and obtaining sign off for Motor, Financial Lines and some Property Schemes as required.
Working closely alongside the Technical Centre Schemes Manager (Property), you will sign off and monitor performance against action plans influencing the profitability of individual arrangements.

Responsibilities:
– Consistently improving and driving results from the schemes network through undertaking reviews of all relevant new and existing schemes arrangements to ensure compliance with Underwriting Guidelines and underwriting profitability including review and ensuring monitoring of schemes signed off within Local Trading, Own or TC Product Team approvals. (Co-ordination of Motor, Financial Lines and Property Schemes by agreement within Objectives and as and when required)
– Assess the expected and actual loss ratio performance of proposed & existing schemes
– Assess and sign off standard wordings (including review and recommendations for Product area sign off for non-standard schemes)
– Sign off standard acceptance and pricing parameters (and make recommendations for sign off by the Technical Teams (for non-standard Pricing or Underwriting Guides) to ensure suitable return on equity
– Ensure expected and actual Underwriting MI meets requirements
– Negotiate with stakeholders (Schemes Units, Branches, TC Product Teams and where necessary Brokers
– Ensure Annual Reporting and Periodic Audits are conducted within agreed parameters
– Attend New Business and Existing Business Scheme reviews contributing to prioritisation of opportunities and workloads
– Review, approve where required and circulate new Schemes Submissions and Reviews ensuring awareness of schemes performance and new opportunities
– Communicate performance against plan, risks and issues to ensure stakeholder awareness and engagement
– Participate in individual scheme audits when appropriate and subsequent action planning to increase and improve profitability
– Production and dissemination of Best Practice to create improved reputation and capability in the commercial schemes arena
– Ensure where appropriate that all schemes and arrangements are compliant from an underwriting perspective in order to remove risk of penalty from the FSA

Skills & Experience:

– ACII qualification desirable
– Degree level or other equivalent qualification preferred
– 5-10 years minimum Underwriting experience
– Knowledge of the Commercial Casualty Insurance Market and underwriting practices
– Strong PC Skills Word, Excel, PowerPoint
– Experience of scheme / account / blocks of business reviews
– Experience of producing reports and action plans
– Effective decision maker as well as able to communicate recommendations and requirements
you have the relevant experience or know someone that does please contact us now on 0203 411 8430 or email us at admin@lawesgroup.co.uk
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Please Note: Due to the sheer volume of applications we receive, we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful