Senior Underwriting and Commercial Finance Analyst

17 Apr 2018
09 May 2018
Contract Type
Full Time
We are Domestic & General??? a dynamic and growing company with a great heritage that brings peace of mind to over 16 million customers worldwide. We are market leader in our field striving towards a vision of delivering a best in class customer service in a connected world. Our growth and success has been largely due to the value we place on putting the customer at the heart of everything we do. Today we are a thriving and transforming business which in turn has an impact on our Underwriting & Commercial Finance team.

So with your experience in Underwriting/Pricing or Commercial Finance why would you not want to be part of our success?

As Senior Underwriting & Commercial Finance Analyst, you will be responsible for maximising profitability, exceeding internal budgets for our warranty business across several major International accounts. You will forecast and manage the profitability of new and existing lines of warranty business across corporate and consumer products Your involvement will have a direct impact on the profitable growth of our organisation as you work across a diverse array of business sectors.

On a day to day basis your role will involve:

* Responsible for a varied portfolio of warranty products, to a combined value up to GBP75m
* Set viable pricing and commission structures for new/existing warranty business
* Ensure the pricing, commercial arrangements and product design of warranty business delivers against cost and target margins, through accurate costing and modeling
* Produce long-term financial forecasts including investment appraisal analysis
* Assess and advise on warranty product risk
* Present commercial propositions to senior management
* Liaise with all commercial areas of the D&G business to deliver profitable warranty products
* Have worked with and presented proposals to internal and external stake holders
* Apply appropriate regulatory requirements
* Develop and deliver creative solutions to complex warranty design problems
* Work with large sets of data relating to sales and claims to provide actuarial analysis

What we expect from you:

* Experience in underwriting and/or commercial finance function where you were targeted to achieve profitability, produce financial projections and budgets.
* You'll need excellent numeracy skills to be successful in this role - your degree will probably be in maths or an engineering, science or business-related subject.
* Will be driven and want to work in a team where your contribution matters applying your commercial knowledge when you engage with your marketing and sales stakeholders.
* Strong stakeholder management skills with the ability to adapt your style to suit
* Experience in developing, training or managing other individuals would be beneficial

In return we offer:

* Competitive salary
* 25 days holiday allowance, plus bank holidays
* Free life assurance
* Pension
* The opportunity to study for CIMA/ ACII/ Actuary
* Discounts on Domestic and General products and services
* Great local employee discounts at shops, restaurants and gym

Why join Domestic and General?

Domestic and General are the UK's leading specialist warranty provider and have been in business for over 100 years, with a proud history of looking after people and their products when things go wrong. That could mean anything from making laundry happen again for one customer to getting the central heating back on for another. But there's more to us than that.

Major manufacturing, retail and financial services brands choose to work closely with us. Many independent vendors do too. Whoever we're working with, we tailor our approach to get the best results, while keeping our customers' interests at heart. We manage the whole warranty process, including appliance registration, mailing, contact centres, repair networks, in-house administration and claims handling.

Domestic & General are an equal opportunities employer, which means we treat people fairly. We view all applications equally, regardless of gender, colour, ethnic background, religion, disability, age, sexual orientation, gender reassignment or marital/family status

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