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.