Head of Underwriting

Recruiting for a dynamic and experienced Head of Underwriting to join a progressive International Insurtech company with a base in Gibraltar. As the Head of Underwriting, you will lead the execution of the underwriting strategy, underwriting analysis and insights for clients’ portfolios. This appointment is another key hire for the senior management team in Gibraltar and will cover two of their entities.

What’s on offer to you?

• £6 figure salary package plus benefits
• Relocation support for candidates from the UK or EU with relevant experience
• Opportunity to be part of a Company at the forefront of Insurance technology
• Be a key member of the decision-making team

What You Will Be Doing

• Set and execute the underwriting strategy, including underwriting risk appetite, underwriting governance and oversight, and underwriting guidelines
• Manage our clients’ portfolios alongside the Head of Actuarial and Portfolio Management, including weekly and monthly analysis, development of pricing and underwriting actions to increase GWP, and initiating remediation action where required
• Lead and manage product simplification projects, ensuring the clients’ insurance products offer fair value to customers, ensuring that customer documentation is simple to understand
• Manage the underwriting referral process
• Lead and manage the underwriting and peer review process, engaging with external audit partners where relevant
• Contribute to the business planning, ORSA and risk management processes
• Lead and support technical underwriting discussions with key partners including quota share reinsurers, excess of loss reinsurers and co-insurance partners
• As a member of the clients decision-making committees, you will be discussing Pricing and Underwriting, Claims, Audit Risk and Reserving, Product Oversight and Governance

What You Will Need to Succeed in This Role

• 8 to 10 years or more experience in UK personal lines motor underwriting
• Have a customer-centric, dynamic, innovative approach to product and underwriting
• Have experience of writing and drafting policy wordings, ensuring these are fair and easy for customers to understand
• Comfortable navigating shifting priorities
• An excellent communicator, confident articulating your ideas and perspectives individually and across the organisation
• You are analytical and able to draw extensive insights from qualitative and quantitative data
• Commercially savvy and enjoy the challenge of adapting to the evolving needs of an ambitious, high-growth international business

Head of Underwriting | Gibraltar | Personal Lines Motor Insurance | Underwriting Claims | Audit Risk | Product Oversight | Risk management |ORSA