Underwriting Performance Manager
- Recruiter
- Zurich Insurance
- Location
- Farnborough
- Salary
- Competitive
- Posted
- 02 Sep 2018
- Closes
- 26 Sep 2018
- Sectors
- Travel & Tourism
- Contract Type
- Permanent
- Hours
- Full Time
Location: Farnborough
The opportunity:
An excellent opportunity is available to jointly lead the Zurich Municipal Underwriting Performance Team. You will be responsible for ensuring delivery of first class governance & control, portfolio management, underwriting integrity and skill; and for ensuring the execution of underwriting strategy and achievement of our underlying performance metrics and business plans.
Key Responsibilities:
• Working side by side with Zurich Municipal Leaders and Underwriters, support the achievement of business plans by providing expert technical underwriting guidance.
• Actively manage the achievement of key Underwriting targets
• Analyse performance data/metrics, identify trends and take appropriate actions.
• Implement and actively monitor underwriting improvement initiatives (eg Tiering).
• Help handle complex queries and referrals within the MFU (within delegated authority).
• Provide coaching and training to underwriters to develop technical knowledge.
• Act as subject matter expert to develop underwriting technical training content.
• Responsible for the cascade and control of underwriting authorities for the MFU's.
• Implement the Zurich technical standards, controls, quality and governance practices and thereby improve and maintain the integrity of the underwriting function.
• Actively manage technical governance issues.
• Analyse uw quality data/metrics, identify trends, quantify underwriting leakage, and lead the development, implementation and monitoring of action plans.
• Oversee administration of and monitoring of compliance with accurate Technical pricing, underwriting rules and guidelines, and insurance laws and regulations.
• Support "Risk Based Planning" for the Quality and Governance strategy across the BU.
• Facilitate & manage the underwriting review process (TUR's, underwriting audits, MPR's and referrals, etc).
• Conduct cross-business unit or special request audits
• Taking a leading role in contributing to the underwriting strategy and developing business plans and pricing strategies for Lines of Business and ZM teams.
• Demonstrate understanding of assigned Business Unit underwriting practices, processes, and governance activities.
• Provides recommendations on aspects requiring change or remedial action to underwriting strategy, accumulations/CAT elements, data and insights as necessary.
Your skills and experience:
• The ideal candidate will have a degree level qualification and achieved or be progressing towards further professional qualifications (typically an Associate or Diploma from the CII)
• For this role the candidates will typically have 5 years' experience of underwriting management and good knowledge of legal, regulatory and compliance issues.
• Proven track record of delivery and experience in a line of business or market facing underwriting team
• Possess a high level of authority in one or more main Lines of Business
The Reward:
Zurich offer a flexible benefits package to suit your lifestyle; plus you will receive an annual company bonus subject to performance, free travel insurance for 12 months and a 12% employer contribution pension scheme. We're also happy to consider flexible working arrangements and welcome applications from everyone. As part of our commitment to charity we offer employees three volunteering days per year
Who we are:
With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best.
You'll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.
Further information:
At Zurich, we aim to have a diverse mix of employees that reflects our customers and the communities in which we live and work. Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome, regardless of age, gender, religion, ability, culture, sexual orientation or mental health status. Our approach ensures that Zurich is a place that values different opinions, respects personal needs, and provides equal opportunities for all. We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
The opportunity:
An excellent opportunity is available to jointly lead the Zurich Municipal Underwriting Performance Team. You will be responsible for ensuring delivery of first class governance & control, portfolio management, underwriting integrity and skill; and for ensuring the execution of underwriting strategy and achievement of our underlying performance metrics and business plans.
Key Responsibilities:
• Working side by side with Zurich Municipal Leaders and Underwriters, support the achievement of business plans by providing expert technical underwriting guidance.
• Actively manage the achievement of key Underwriting targets
• Analyse performance data/metrics, identify trends and take appropriate actions.
• Implement and actively monitor underwriting improvement initiatives (eg Tiering).
• Help handle complex queries and referrals within the MFU (within delegated authority).
• Provide coaching and training to underwriters to develop technical knowledge.
• Act as subject matter expert to develop underwriting technical training content.
• Responsible for the cascade and control of underwriting authorities for the MFU's.
• Implement the Zurich technical standards, controls, quality and governance practices and thereby improve and maintain the integrity of the underwriting function.
• Actively manage technical governance issues.
• Analyse uw quality data/metrics, identify trends, quantify underwriting leakage, and lead the development, implementation and monitoring of action plans.
• Oversee administration of and monitoring of compliance with accurate Technical pricing, underwriting rules and guidelines, and insurance laws and regulations.
• Support "Risk Based Planning" for the Quality and Governance strategy across the BU.
• Facilitate & manage the underwriting review process (TUR's, underwriting audits, MPR's and referrals, etc).
• Conduct cross-business unit or special request audits
• Taking a leading role in contributing to the underwriting strategy and developing business plans and pricing strategies for Lines of Business and ZM teams.
• Demonstrate understanding of assigned Business Unit underwriting practices, processes, and governance activities.
• Provides recommendations on aspects requiring change or remedial action to underwriting strategy, accumulations/CAT elements, data and insights as necessary.
Your skills and experience:
• The ideal candidate will have a degree level qualification and achieved or be progressing towards further professional qualifications (typically an Associate or Diploma from the CII)
• For this role the candidates will typically have 5 years' experience of underwriting management and good knowledge of legal, regulatory and compliance issues.
• Proven track record of delivery and experience in a line of business or market facing underwriting team
• Possess a high level of authority in one or more main Lines of Business
The Reward:
Zurich offer a flexible benefits package to suit your lifestyle; plus you will receive an annual company bonus subject to performance, free travel insurance for 12 months and a 12% employer contribution pension scheme. We're also happy to consider flexible working arrangements and welcome applications from everyone. As part of our commitment to charity we offer employees three volunteering days per year
Who we are:
With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best.
You'll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.
Further information:
At Zurich, we aim to have a diverse mix of employees that reflects our customers and the communities in which we live and work. Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome, regardless of age, gender, religion, ability, culture, sexual orientation or mental health status. Our approach ensures that Zurich is a place that values different opinions, respects personal needs, and provides equal opportunities for all. We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.