Head of Underwriting @ Simply Business

INACTIVE

Full-Time

Head of Underwriting

Posted on 4/30/2024

Simply Business

501-1,000 employees

Online insurance provider for small businesses

Financial Services

Data & Analytics

Senior, Expert

London, UK

Requirements

Insurance industry expertise
Knowledge of UK SME insurance market
Underwriting principles
Leadership skills
Quantitative and analytical skills
Regulatory knowledge (FCA, SM&CR)

Responsibilities

Drive profitable growth on the Managing General Agent (MGA)
Develop and inspire a team of underwriters
Develop new revenue through new products and distribution opportunities
Manage relationships with capacity providers and reinsurance partners
Monitor, manage, and draw insights from claims data
Maintain correct governance of the MGA and adhere to governance frameworks
Contribute to company social, environmental, and DEI goals

Here’s what you’ll be doing:

Over the last 18 years we’ve established a core book of business, but we know we have more to give, and this is where you come in. You’ll be driving our growth by using data and your knowledge to identify new areas of opportunity, and you’ll have the ability to try new things quickly.

Reporting into Sean (Managing Director - MGA), whose management approach is to start with trust from day one, leaving people to perform at their best, and offering support and feedback when you need it.

As our Head of Underwriting, you’ll:

continue the profitable growth on the Managing General Agent (MGA) through market leading risk selection and pricing capabilities
develop, and inspire a team of underwriters
develop new revenue through new products and distribution opportunities
manage our relationships with capacity providers and reinsurance partners
monitor, manage, and draw insights from our claims data to improve our product development and performance
maintain correct governance of the MGA and adhere to governance frameworks
actively contribute to company social, environmental and DEI goals

We’re looking for someone who is:

an insurance expert that can demonstrate their intimate knowledge of the industry, in particular the UK SME insurance market and underwriting principles
an inspirational leader who knows how to motivate underwriting teams
able to show excellent quantitative and analytical skills
highly-motivated and enjoys working collaboratively
able to effectively interact and influence at all levels

(We know it’s tough, but please try to avoid the confidence gap. You don’t have to match all the bullet points above to be considered for this role.)

This role is regulated by the FCA and it will have specific responsibilities under those regulations. We’ll explain these to you as part of the hiring process.

You’ll be performing Senior Management Functions under the Senior Manager and Certification Regime (SM&CR), this means you’ll also be subject to enhanced check and referencing in accordance with the FCA’s guidelines.

We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive, supportive place for you to be you and do your very best work.

Ready for your career defining moment? Apply today.

Simply Business

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Website

View Company Profile

Simply Business offers online insurance for small businesses and landlords, specializing in public liability, professional indemnity, and landlord insurance. The company leverages technology and data to streamline the insurance purchasing process for over 900,000 customers.

Company Stage

M&A

Total Funding

N/A

Headquarters

null, United Kingdom

Founded

2000

Growth & Insights

Headcount

6 month growth

↓ -2%

1 year growth

↑ 0%

2 year growth

↑ 12%

INACTIVE