Open roleExternal
Underwriting Manager
- newcastle upon tyne, tyne and wear, NE27 0DR, United Kingdom
- Full time
- £55,000 - £55,000 Per Annum
Job Description
About the Role
Our client is seeking a highly skilled and experienced Underwriting Manager to lead their underwriting team based in Newcastle upon Tyne . This role is critical in assessing and managing risk, ensuring profitable growth by setting underwriting guidelines and overseeing the underwriting process for new and existing business. You will be instrumental in developing and mentoring your team, fostering a culture of sound decision-making and adherence to regulatory compliance. This is a significant opportunity to influence risk appetite and strategic direction within a leading insurance provider, working in a collaborative and dynamic office environment.
Key Responsibilities
- Develop, implement, and monitor underwriting strategies and policies to achieve profitability and growth targets.
- Lead, train, and manage a team of underwriters, providing ongoing coaching and performance feedback.
- Review and approve complex or high-risk applications that fall outside standard guidelines.
- Analyse market trends, competitor activities, and portfolio performance to identify opportunities and risks.
- Ensure compliance with all relevant regulatory requirements and internal controls.
- Build and maintain strong relationships with brokers, agents, and other external stakeholders.
Requirements
- Extensive experience in insurance underwriting, with a proven track record in a leadership or management role.
- Strong understanding of risk assessment, financial analysis, and actuarial principles.
- Excellent leadership, communication, and decision-making skills.
- Knowledge of regulatory compliance within the insurance industry.
- Bachelor's degree in Finance, Business, or a related field, or equivalent professional experience.
Benefits
- Competitive salary package with executive-level bonuses.
- Private healthcare coverage and a comprehensive benefits package.
- Opportunities for professional growth and leadership development.
- Generous holiday entitlement and a stakeholder pension scheme.
- A dynamic and supportive work environment focused on achieving collective success.