Technical Schemes Manager (Casualty) (Flexible Location)
Posted: 16 November 2020
Job description
This is a great opportunity for someone looking to join one of the UK’s leading insurers as their Schemes Manager (Property).
Roles like this are very rare due to senior level of the position, and the opportunity has arisen as due to an internal promotion and someone retiring.
Reporting to the Head of Central Commercial Underwriting, you will help lead the performance of the Schemes Account through analysis, control, monitoring, reporting, renewal and acceptance of New and Existing Casualty Commercial Schemes and Delegated Authority Arrangements as well as analysis, control, monitoring, reporting and obtaining sign off for Motor, Financial Lines and some Property Schemes as required.
Working closely alongside the Technical Centre Schemes Manager (Property), you will sign off and monitor performance against action plans influencing the profitability of individual arrangements.
THE ROLE
- Consistently improving and driving results from the schemes network through undertaking reviews of all relevant new and existing schemes arrangements to ensure compliance with Underwriting Guidelines and underwriting profitability including review and ensuring monitoring of schemes signed off within Local Trading, Own or TC Product Team approvals. (Co-ordination of Motor, Financial Lines and Property Schemes by agreement within Objectives and as and when required)
- Assess the expected and actual loss ratio performance of proposed & existing schemes
- Assess and sign off standard wordings (including review and recommendations for Product area sign off for non-standard schemes)
- Sign off standard acceptance and pricing parameters (and make recommendations for sign off by the Technical Teams (for non-standard Pricing or Underwriting Guides) to ensure suitable return on equity
- Ensure expected and actual Underwriting MI meets requirements
- Negotiate with stakeholders (Schemes Units, Branches, TC Product Teams and where necessary Brokers
- Attend New Business and Existing Business Scheme reviews contributing to prioritisation of opportunities and workloads.
- Review, approve where required and circulate new Schemes Submissions and Reviews ensuring awareness of schemes performance and new opportunities
- Participate in individual scheme audits when appropriate and subsequent action planning to increase and improve profitability.
KEY SKILLS & EXPERIENCE
- 5-10 years minimum Underwriting experience.
- Knowledge of the Commercial Casualty Insurance Market and underwriting practices.
- Strong PC Skills Word, Excel, PowerPoint.
- Experience of scheme / account / blocks of business reviews.
- Experience of producing reports and action plans.
- Effective decision maker as well as able to communicate recommendations and requirements.
This will be a predominately home based remote working role, and in an ideal world then the successful candidate would be located in and around the South East being able to be in their London office on occasions, however due to the nature of the role and working throughout the various regions within the UK, they could accommodate someone being based in a number of areas within the country provided they are able be in London as and when required, and the other schemes offices.
If you are currently working in a similar Senior Schemes role, or you are looking for the next step up, this company/role could be a great career move and one that can offer real development and progression within.
In addition to a very attractive basic salary up to £80k, there would be a company car or car allowance, decent bonus structure which is achievable, pension, PMI, 28 days holiday, and many other staff benefits in addition.
For further information please contact Andy Baker on 07834 596414 or email andy@cryerbaker.co.uk
