Head of Underwriting Management

From day one, our mission has been to create an independent business with a unique culture – one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.

People come to Howden Group Holdings for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities – work/life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden Group.

Head of Underwriting Management

Highlights:

A great opportunity for an experienced governance professional looking to further their career within a corporate working environment.
Working within a small, fast paced and collaborative team in London.
Full time position: working 5 days a week, on a hybrid basis with at least 3 days in the office

Role overview

We are looking for an experienced governance professional to enhance the underwriting management function within this busy and fast-paced MGA.

The successful candidate will report to the Director of Underwriting Performance and Governance, working closely with the Chief Underwriting Office, the Underwriting Senior Leaders and managing a small team.

The role requires experience of operating a first line of defence model and the requirements of delegated binding authority agreements.

The individual will join our energetic, fast paced, dynamic company on a full time, permanent basis.

The role may at times require the individual to be in office 5 days a week.

Role responsibilities

Responsible for driving and enhancing the first line of defence underwriting controls as they pertain to an MGA.
Responsible for the management of the effectiveness of the underwriting processes, ensuring appropriate governance and controls are in place, whilst providing challenge to ensure continuous improvements are made.
Ensuring peer review takes place in line with policies and procedures.
Review of binding authority contracts.
Ensuring that underwriting processes are robust with appropriate training identified, to ensure high underwriting standards and performance, within agreed authority,
Ensuring compliance with respective delegated authority parameters.
Supporting the Director of Underwriting Performance and Management.
Prepare monthly control reports for the Board across all DUAL UK entities.
Liaise with carriers /underwriting teams and external auditors.
Assist / Manage portfolio run off duties.
Monitoring premium income utilisation per contract
Attend the DUAL UK Product Oversight Group as a member
Coordination with DUAL data and operational teams as required to assist in the understanding of business performance and operational resilience.

Key Skills

Ability to work quickly, efficiently and methodically
In depth knowledge of underwriting practices,7+ years’ experience in underwriting operations / underwriting management.
Detailed knowledge of the insurance sector.
Knowledge of working within the Lloyd’s trading environment
Excellent communication skills both written and verbal.
Ability to influence effectively
Ability to problem solve and react within a fast moving environment; juggling priorities.
Experience with MGA oversight / delegated authority management.
Experience working with offshore teams (desirable)
Knowledge of consumer duty

What do we offer in return?

A career that you define.

Yes, we offer all the usual rewards and benefits – including great healthcare provision, a wide variety of wellbeing offers, competitive salary, generous pensions and more – but we know you expect all that.

What you might not expect is a job where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference – not just in the workplace, but in the industry and in the wider community.

Our Culture: People First

We are proud to be at the global table, but we are most proud of our culture. It has been built on a single and constant set of principles over more than 25 years, and it has helped us become:

An international group with independence and people at its heart

A home for talent with a unique culture: the biggest small company in the world

The focus on being a People First business has always been at the very heart of the Group. David’s vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

Diversity & Inclusion

At Howden Group Holdings we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

Additional Job Details

Worker Type:

Permanent