We have been made aware of a number of scams where fraudsters are claiming to represent our organisation or organisations we work with. Please click here to find out more details and what to do if you are contacted.

menu

Accessibility tools

Head of Underwriting

Cardiff

  1. Full time

About the job

"

This vacancy has now expired. Please see similar roles below...

"

As Admiral Business seeks to drive growth in the SME business marketplace, we have an opportunity for an experienced Head of Underwriting to shape our Underwriting approach and

As a proven Underwriting SME in the Business Insurance/Commercial Business space you will be part of a team that will operate as a start-up with appropriate specialists across all functions.

Reporting directly to the Admiral Business CEO you will be responsible for leading the Underwriting function of the Admiral Business focused on SME customers, establishing Underwriting policies, Process and Procedures that drive exceptional outcomes for our future customers.

Given the importance of the role within the regulatory context you will have significant input into the Regulated Business Plan alongside other senior individuals within the team.

You will need to build and nurture a best-in-class team, setting our Underwriting Risk Appetite, identify opportunities for profitable growth and delivering underwriting guidelines for our cross functional and frontline teams. Continuing Admirals reputation for growing internal talent you will use your proven leadership skills to develop those around you, so they are able to seize growth opportunities that further their careers.

A bit about Admiral Business

Admiral Business is an exciting, new business within the Admiral Pioneer part of the Admiral Group. We have the freedom and innovation of a small start up with the security of a large parent company, Admiral. 

We are keen to grow the SME business significantly over coming years with new exciting propositions for micro and small businesses. We’re looking for people who are keen to learn, excited about getting stuck in and are ready for a challenge to help us to achieve our aim of creating a special customer centred SME insurance business.

What You’ll be Doing

  • Leading the Underwriting portfolio management of the Admiral Business P&L navigating performance to Financial Plan goals and realising the business growth of this start-up business
  • Lead the Underwriting Strategy, Guidelines and setting of Risk Appetite to drive risk selection and business expansion in target market segments
  • Develop and maintain strategic relationships with Intermediary Partners, Technology Partners and Re-insurers to underpin business growth and performance
  • Ensuring that the expectations of the Regulator are reflected in our SME business
  • Providing a point of Underwriting Escalation for your team and the wider business in relation to technical referrals and interpretation of Underwriting strategy.
  • Alongside Credit Risk and Pricing Lead set our Risk Appetite for Exceptions to policy and matters of Underwriter discretion
  • Work in collaboration with the Data team to build and utilise an MI Suite to help in the effective management of both the tactical and strategic goals of the Admiral Business Team
  • Assist with input into the Regulated Business Plan with specific input into the underpinning Policies and Procedures.
  • Working alongside the Product and Proposition team you will add SME input into requirements and support change development and delivery through robust UAT
  • Utilise your knowledge of SME Underwriting to shape our processes, procedures and associated risk framework
  • You will own 1LOD for mandated underwriting ensuring robust controls and reporting are firstly developed and then adhered to
  • Anticipate the needs of the business and ensure that optionality is maintained when considered against cost/benefit/schedule

About You

  • As part of the initial Admiral Business team you will need to be super flexible, proactive and a team player
  • You will be analytical and comfortable in taking decisions and committing to action
  • An ability to mediate between conflicting views whilst considering the interests of the wider business  
  • You will be comfortable in articulating our Underwriting approach with wider internal and external stakeholders
  • You will constantly look for ways to do things better, innovate and lead and inspire the team to do the same
  • You will use your technical knowledge and industry experience of SME insurance, to understand what works well but how you could do things differently to drive great customer experience
  • You will be excited about being part of team that is building brand new proposition to customer audiences in SME insurance across distribution channels.
  • You will be a natural relationship builder, working cross-functionally with a wide range of people.

Salary, Benefits and Work-Life Balance

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration.

#LI-HJ1 #LI-AdmiralPioneer

  1. Full time
  2. Admiral Pioneer

__jobinformationwidget.freetext.LocationText__

Cardiff

jobs

Related jobs

Pricing Manager

Salary

Location

Cardiff

Job Type

Full time

Location

Cardiff

Brand

Pioneer

Department

Admiral Pioneer

Office address

Capital Tower, Greyfriars Road, Cardiff, CF10 3AZ

Description

We're looking for a Pricing Manager – Commercial Motor Insurance to join our newly formed team at Admiral Pioneer!  About Pioneer Disruptive. Customer Centered. Transformational. Admiral Pion

Reference

10160

Expiry Date

01 Jan 0001

Eden Davies

Vacancy managed by

Eden Davies
Eden Davies

Vacancy managed by

Eden Davies
View Shortlist
Engineering Manager

Salary

Location

Cardiff

Job Type

Full time

Location

Cardiff

Brand

Admiral Money

Department

Finance Services

Office address

Tŷ Admiral, David Street, Cardiff, CF10 2EH

Description

Engineering Manager Admiral Money are looking for an Engineering Manager to join their growing Specialist Mortgages team! About Admiral Money Admiral Money is an exciting, new division of Adm

Reference

10485

Expiry Date

01 Jan 0001

Eden Davies

Vacancy managed by

Eden Davies
Eden Davies

Vacancy managed by

Eden Davies
View Shortlist
Talent Acquisition Resourcer

Salary

Location

Cardiff

Job Type

Full time

Location

Cardiff

Brand

Admiral Group

Department

HR

Office address

Tŷ Admiral, David Street, Cardiff, CF10 2EH

Description

Are you passionate about attracting and retaining top digital talent? Have you got either Agency or In-House Recruitment experience? Are you creative with using different sourcing techniques to attrac

Reference

10506

Expiry Date

01 Jan 0001

Abi Taylor

Vacancy managed by

Abi Taylor
Abi Taylor

Vacancy managed by

Abi Taylor
View Shortlist

Our Benefits

Admiral employees work hard to keep us at the top of our industry, and are rewarded for it—with competitive pay, a share package, career growth and development opportunities and some other great benefits, too!

People who like what they do, do it better.

Be You

Financial & Mortgage Advice

Financial & Mortgage
Advice

Ecare

24-Hour
Ecare

Cycle to Work Scheme

Cycle to Work
Scheme

Annual Holiday Allowance

Annual Holiday
Allowance

Flexible Working

Flexible
Working

Simply Health

Simply
Health

Private Health Cover

Private Health
Cover

Critical Illness Cover

Critical Illness
Cover

Grow & Progress

Learning and Development

Learning and
Development

Educational Sponsorship

Educational
Sponsorship

Accredited Qualifications ILM

Accredited
Qualifications ILM

iLearn

iLearn
Online Learning

Buy a Book Scheme

Buy a Book
Scheme

Developmental Coaching

Developmental
Coaching

Port of Calls

Port of
Calls

Internal Mobility

Internal
Mobility

Make a Difference

Groups & Societies

Groups and
Societies

Socials & Team Days Out

Socials and Team
Days Out

Multi Faith / Quiet Rooms

Multi Faith / Quiet
Rooms

Admiral Community Fund

Admiral Community
Fund

Give as You Earn

Give as You
Earn

Awards & Star Lunches

Awards and Star
Lunches

Corporate Social Responsibility

Corporate Social
Responsibility

Impact Hours

Impact
Hours

Share In Our Future

Share Schemes

Share
Schemes

Refer a Friend Bonus

Refer a Friend
Bonus

Colleague and Family Discount

Colleague and Family
Insurance Discount

Group Life Assurance

Group Life
Assurance

Pension

Pension
Scheme

Life Event Loan

Life Event
Loan

Tickets to Sponsored Events

Tickets to Sponsored
Events

Tusker

Tusker Salary
Sacrifice

Click here to download our full benefits brochure