Head of Underwriting (Commercial Schemes)

Brown & Brown, Inc., Bromley Park, Bromley

Head of Underwriting (Commercial Schemes)

Salary not available. View on company website.

Brown & Brown, Inc., Bromley Park, Bromley

  • Full time
  • Permanent
  • Onsite working

Posted today, 23 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 7b15fb01a40e4d8cbd942d684dd33529

Full Job Description

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.,

  • 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

    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)