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We are partnering with a well-established Insurance provider to appoint an experienced Underwriter. This role will take full responsibility for pricing and risk strategy across a portfolio of automotive-related warranty and insured products, including GAP insurance, breakdown cover, and MOT protection. This is a key position within the business, offering the opportunity to shape underwriting frameworks, manage risk exposure, and support the development of new product offerings. The ideal candidate will bring a strong mix of technical underwriting capability, commercial insight, and a sound understanding of FCA-regulated products.
Key Responsibilities:
- Lead the underwriting and pricing of extended warranties and ancillary insured products
- Analyse claims trends, performance data, and loss ratios to inform pricing strategies
- Conduct detailed analytics on pricing performance, identifying opportunities to optimise margins, improve competitiveness, and support commercial decision-making
- Maintain underwriting criteria, eligibility matrices, and risk tolerances
- Collaborate with cross-functional teams to ensure underwriting aligns with broader business objectives
- Liaise with insurer and reinsurance partners to monitor performance, compliance, and capacity
- Support the launch of new products through pricing model development and risk assessment
- Deliver regular reporting and performance analysis across product lines
Requirements:
- Minimum 2–3 years’ experience in a motor-related underwriting role
- Strong analytical skills, with advanced Excel proficiency (SQL or similar tools beneficial)
- Proven experience in applying analytics to monitor, evaluate, and refine pricing strategies
- Solid understanding of FCA regulations and Treating Customers Fairly (TCF) principles
- Strong commercial acumen with the ability to apply risk-based thinking to strategy
- Comfortable working autonomously and cross-functionally
- Own vehicle and living within 40 mins’ drive of Reading for 2/3 hybrid days (not central)
Benefits include:
- Company pension
- On-site parking
Seniority level
Seniority level
Mid-Senior level
Employment type
Job function
Job function
Analyst, Strategy/Planning, and General BusinessIndustries
Insurance and Motor Vehicle Parts Manufacturing
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