Lead Underwriter Motor - Remote from UK

About the team

The Underwriting team at Wakam, is the cornerstone of risk assessment and decision-making thanks to the internal datas and industry insights to make informed decisions, ensuring Wakam provides comprehensive and competitive insurance solutions.

As experts in evaluating and pricing risk, we're dedicated to ensuring profitability while providing optimal coverage for our clients. From analyzing data to developing underwriting strategies, we're committed to delivering innovative solutions and exceptional service to our customers.

Missions

Function Overview:

You will join the Wakam Underwriting team to help us profitably grow our business on the UK market. You will report to the UK Chief Underwriting Officer.

This role will lead the Motor underwriting in the UK in conjunction with UK Chief Underwriting Officer and the UK Chief Underwriting Officer, Motor & Mobility

Responsibilities:

• Leading the distribution, underwriting and product strategy for motor portfolio, working with revenue, claims and other teams
• Growing motor portfolio and deliver financial objectives in-line with the business plan
• Accountable for the underwriting results for motor
• Deliver effective portfolio management
• Management of Delegated Authority and the interactions with the market (MGAs, Brokers and Direct clients)
• Responsible for Product Governance activities
• Acting as a product and market expert across the UK and Europe

Profile Requirements

Experience & key skills:

• Strong understanding of underwriting principles, risk assessment, and pricing, specifically for motor and mobility insurance products in the UK, both personal and commercial.
• Experience in underwriting innovative insurance products such as telematics, connectivity solutions, and services for the gig economy.
• Deep knowledge of the insurance industry landscape, including market trends, competition, and emerging opportunities.
• Proficient in developing underwriting policies and procedures, ensuring compliance with regulatory standards, and shaping the company’s underwriting guidelines.
• Ability to manage financial aspects such as business forecasting, budget monitoring, and profitability.
• Strong focus on customer satisfaction and consumer duty, coupled with the ability to assess and mitigate risks associated with underwriting decisions.
• Proven leadership skills with the capacity to manage stakeholders effectively and strong analytical skills to assess and report on insurance risks.

Your working mindset :

• Results driven, experience developing strong production relationships
• Emphasizes vigilant risk management, maintaining a compliance-conscious approach to ensure operations stay within legal and ethical boundaries.
• Utilizes strategic thinking and data analytics to align underwriting decisions with the company’s long-term goals and to support risk assessment, pricing, and performance monitoring.
• Prioritizes customer needs in decision-making processes while being driven to achieve measurable outcomes and maintain high standards of service.
• Adapts underwriting practices to changing market conditions and regulatory landscapes, fostering a collaborative environment with teams and stakeholders to achieve collective objectives.
• Upholds high ethical standards and integrity in all practices, with meticulous attention to detail and accountability in all actions.

Hiring Process

1. Screening Interview with Talent Acquisition Expert
2. Technical & fit interview with HR Manager & Chief Underwriting Motor and Mobility
3. Cross-team Interview with Head of Underwriting UK
4. VP fit interview with Chief Underwriting Officer UK
5. HR cutlure fit Interview with HR Manager UK

=> Welcome @Wakam 🙌