Job Title: Household Underwriting Manager
Target Start Date: ASAP
Contract Type: Permanent, Hybrid
Salary Range: Circa £85,000
Location: Eastleigh
Work Level: 5
Closing Date for applications: Wednesday 14th August
Household Underwriting Manager: To manage the performance and profitable development of the Ageas standard Household portfolio through the effective control of underwriting and business development activity across all distribution channels.
You will play a lead role in shaping our underwriting strategy. You will collaborate with cross-functional teams across Ageas to drive profitable growth and enhance our competitive position in the market.
Main Responsibilities as Household Underwriting Manager:
- To lead the underwriting management of the standard Household underwriting portfolio, working with external partners and Ageas teams to develop and grow profitable accounts and deliver against our strategic ambition and Plan KPIs.
- Lead a team of underwriters who will own the underwriting management of our portfolio of key accounts and products, working with external partners and Ageas Distribution teams to develop and grow profitable accounts
- To monitor and control existing schemes/key accounts, analysing performance, profile of business, underwriting rules and documentation and make underwriting changes/recommendations, as appropriate, to control areas of poor performance and optimise profitable growth.
- To manage, motivate and develop the Standard Home UW team in order to meet business objectives, ensuring that effective communication and performance management takes place.
- Develop a highly skilled and enthusiastic team of Underwriting Experts, ensuring their ongoing development is well embedded.
- Support the ongoing optimisation of our risk mitigation strategy, covering both our reinsurance programme and other mitigations such as Flood Re. Provide the Reinsurance Manager with the support required to understand the standard Home portfolio.
Skills and experience you need as Household Underwriting Manager:
- Underwriting knowledge & experience; A minimum of 5 years experience in a personal lines Head Office environment in a senior underwriting and/or pricing role is essential.
- Portfolio Management; experience in managing through the performance cycle and clear understanding of the drivers of underwriting results across all key performance indicators.
- Numeracy; excellent numeracy skills with an ability to analyse, interpret and identify trends within large volumes of data and to make and present clear and accurate recommendations.
- Results Orientation; practiced time management experience, an excellent understanding of numbers and the ability to quickly identify inconsistencies in data, an analytical thinker who is able to deduce information and who has proven decision making skills.
- Communication; effective communicator both verbally and in writing, able to communicate technical issues in a clear and helpful way, exhibits good questioning and listening skills, able to persuade and influence others and well developed negotiation skills.
- Staff Responsibility; The role will have three Senior Underwriter direct reports and will also be expected to support the development of Underwriters across the whole team.
Here are some of the benefits you can enjoy within the Household Underwriting Manager role based in Eastleigh:
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Flexible Working - Smart Working @ Ageas gives employees flexibility around location (as long as it's within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares . We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.
Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks' at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks' full pay.
Benefits for Them – Partner Life Assurance and Critical Illness cover
Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover
Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.
Supporting you back to work - Return to work programme after maternity leave
About Ageas:
We're one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We're a signatory of the Race at Work Charter and Women in Finance Charter, a Stonewall diversity champion and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information please see Ageas Everyone.
Our aim is to have great people everywhere in our business and we're always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we're open to discussing flexible working, including full-time, part-time or job share arrangements.
To find out more about Ageas, see About Us.
Want to be part of a Winning Team? Come and join Ageas.
Click on the ‘Apply button' to be considered for our Household Underwriting Manager opportunity at Ageas in Eastleigh.