Chief Underwriting Officer
Posted 16 days 2 hours ago by Lawes Insurance Recruitment
Permanent
Not Specified
Other
London, United Kingdom
Job Description
We are seeking a dynamic and experienced Chief Underwriting Officer (CUO). The role is working for an established global insurer in our clients London underwriting team. The ideal candidate will be a strategic thinker with a strong background in underwriting, operations and commercial insurance.
RESPONSIBILITIES
- Develop and execute the underwriting strategy to achieve company goals and objectives
- Lead and mentor a team of underwriters, providing guidance and support in complex risk assessment and pricing decisions
- Collaborate with other departments to ensure seamless integration of underwriting processes with overall business operations
- Oversee the development and implementation of underwriting guidelines, policies, and procedures
- Monitor underwriting performance metrics and identify opportunities for improvement
- Stay updated on industry trends, regulations, and best practices to ensure compliance and innovation in underwriting practices
QUALIFICATIONS
- Bachelor's degree in business, finance, or related field; Master's degree preferred
- 10+ years of experience in underwriting and commercial insurance, with at least 5 years in a leadership role
- Proven track record of developing and implementing successful underwriting strategies
- Strong knowledge of underwriting operations, risk assessment, and pricing models
- Excellent leadership, communication, and decision-making skills
- Understanding of industry regulations and compliance requirements
DAY-TO-DAY
- Collaborate with senior leadership to set underwriting strategy and goals
- Provide leadership and guidance to underwriting team members
- Review and approve complex underwriting decisions
- Analyse underwriting performance metrics and develop action plans for improvement
- Stay updated on industry developments and best practices in underwriting