motor underwriter

Job Title: Motor Underwriter
Contract Type: Permanent, Full time, Part time flexible options available
Salary range: £30,400 - £45,600
Location: Eastleigh or Bournemouth #smartworking Hybrid
Closing Date for applications: Sunday 26th March 2023

Motor Underwriter: We have an exciting opportunity for a Motor Underwriter to join our Underwriting team at Ageas. Reporting to the Senior Underwriter, the successful candidate will deliver profitable performance from the Direct and Broker Standard Motor accounts through pro-active account management, manage each allocated account within acceptable KPI's and ensure we stay at the forefront of underwriting developments and develop strong working relationships.

As a Motor Underwriter, responsibilities included working with senior underwriters and regularly review trading performance and risk mix to ensure it is in line with risk appetites. In order to maintain profitability Ageas relies on our ability to quickly identify areas of extreme performance, analyse trends and to react rapidly by adjusting rates and underwriting rules.

There will be an expectation to visit the Eastleigh office up to three days per month.

Main Responsibilities as Motor Underwriter:

• Monitor Direct and Standard Motor existing schemes and accounts, analysing their performance, profile of business, underwriting rules and documentation to achieve budgeted performance.
• Evaluate new product propositions in order to identify potentially profitable business and decide / recommend (as appropriate) pricing, underwriting rules, product covers and documentation to achieve profitable growth.
• Review the underwriting acceptance rules and documentation and make underwriting changes/recommendations, as appropriate.
• Produce and maintain scheme documentation outlining all underwriting, rating and procedural differences between Direct and other Standard Motor Ageas products.
• Recommend new underwriting concepts, product covers and documentation by utilising market / legal / competitor analysis.
• Support the Underwriting and Pricing teams by recommending new enhancements or alterations to pricing or underwriting.
• Ensure that the business written by Ageas is processed by our operational teams in the correct manner.
• Key Liaison point with external service providers and internal Sales, Claims and other management teams

Skills and experience you need as Motor Underwriter

• A good degree of numeracy with a strong ability to analyse and interpret data.
• Previous experience in an underwriting and/or pricing environment is essential.
• A sound understanding of underwriting and pricing principles and experience of a wide range of technical issues
• Proficient in using excel
• Project management experience
• Proactive and innovative.
• Confident decision-maker who exhibits a willingness to take responsibility.
• Ability to prioritise work to meet deadlines
• Ability to work and communicate confidently with people at all levels, internally and externally.
• A good working knowledge of the motor market.
• Educated to 'A' level standard or very good GCSE grades/CII equivalent.

Here are some of the benefits you can enjoy within the Motor Underwriter 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 Motor Underwriter opportunity at Ageas in Eastleigh.