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Senior New Products and Special Projects Underwriter, Hampshire, C£45k
My client, a large insurer with a great reputation, is looking for somebody to join their team to assist with the development of new personal lines products.
The main purpose of the role:
The profitable development of Personal Lines propositions and products.
To contribute to any strategic or special projects across the Underwriting Department as directed by the Underwriting Director or Head of Underwriting Development.
To help develop the knowledge and skills of less experienced team members.
You duties will include the following:
To research and analyse competitor's insurance propositions. Research and analysis will include; historical performance, rate structures, policy cover and underwriting rules and documentation.
To make recommendations for the proposed product structure for the new products. This will include underwriting acceptability, underwriting rules, documentation, policy wording and rating structure.
To produce and maintain documentation outlining all underwriting, rating and procedures for the new products.
To manage the relationship with key internal stakeholders outside Underwriting:
To make technical underwriting and pricing recommendations for the new Personal Lines products. This will involve working with members of the technical underwriting, pricing and actuarial teams.
To represent the company in external partner meetings, acting as the face of New Products Underwriting and sometimes the wider underwriting department, requiring reliability and a level of confidence.
The New Products Development Underwriting team works in an ever-changing environment and has a wide set of business skills.
Successful applicants will have: a desire to expand their knowledge and enjoy the challenge of working in a fast-paced environment, a strong understanding of underwriting and pricing principles and experience of dealing with technical issues.
Previous experience should include; product pricing and development within the personal lines market, assessing/developing new opportunities with key account/schemes.
For more information on this and other great opportunities in the insurance market, please contact James Rivers.
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