ARAG UK is looking to bring on board an experienced and proficient Product Underwriting Manager to join our high performing and friendly BTE Product and Portfolio Underwriting team. The Product Underwriting Manager will be responsible for the strategic direction, design and oversight of allocated products and their technical performance. As a product owner you will be responsible for ensuring product offerings meet all legal and regulatory requirements and align with company's strategic and financial goals. This role involves leading the development and management of market-leading products and policy wording.
Key responsibilities will include:
Product Underwriting Management: Design and implement product underwriting plans that are aligned to wider underwriting strategy, business objectives and risk appetite. Monitoring product performance and pricing adequacy.
Product Development and Management: Lead the development and management of market leading products and policy wordings.
This is an important and influential role, and is a great opportunity to liaise with key stakeholders across the business. You will take ownership for sharing information regarding the allocated products and their performance, making the business aware of trends and acting as a referral point, providing technical guidance and leadership.
About You
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We are keen to hear from candidates with established underwriting and product development expertise gained through experience of working within an underwriting and product development or management environment. It is essential that you are confident analysing and preparing underwriting data and ideally will have experience presenting to senior business leaders. You should have excellent communication, interpersonal, and stakeholder management skills, with comfortability presenting to large groups. Ideally you'll be an experienced people manager (not essential) with the ability to demonstrate an enthusiasm for coaching and developing your team.
You'll have a strong awareness of consumer duty, and an understanding of the UK insurance market, including products, regulations, and distribution channels. In addition, you will be able to demonstrate an innovative approach and ability to develop meaningful long term strategic and operational plans (including driving continuous improvement), whilst working at pace and maintaining an accurate, high quality output.
Ideally, you will hold relevant professional qualifications, typically ACII (Associateship Chartered Insurance Institute), however this is not essential and we are also really keen to hear from candidates who are qualified by experience.
As a team we are passionate and enthusiastic about what we do. Our people are encouraged to think independently and to take ownership of their work. In return for your commitment we will offer you generous remuneration and an attractive benefits package, including:
+ 27 days holiday with the option to buy up to a further 5 days
+ Private Medical Insurance
+ Company pension scheme with the option to increase contributions
+ Group Income Protection for all employees
+ Group legal protection for all levels
+ Motor and Home Emergency Assistance
+ Inclusion in our Health cash plan
+ Salary sacrifice benefits including cycle to work scheme
+ Membership of our Sports and Social club which includes discounted events such as theatre, wine tasting or shopping trips!
If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you meet all the criteria listed above.
About The Company
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ARAG UK has been helping businesses and individuals gain access to justice for over 40 years. It's our founding principle to enable everybody, not just those who can afford it, to assert their legal rights.
Thousands of businesses and individuals defend or pursue legal action each year safe in the knowledge that ARAG are paying their legal bills. Our businesses include a legal expenses insurance company and a law firm with many opportunities in both areas.
We have always been aware that it's the people that really make it happen; the quality of our people defines the quality of the company, the service we offer and the good outcomes for our customers, so we're committed to creating a great place to work for our employees.
We believe it is an exciting time to join ARAG. You can expect an organisation that will challenge and develop you to progress your career.
By giving you every opportunity to develop yourself professionally and personally, we also pride ourselves on having an open, inclusive and high energy culture that encourages a fun working environment and places our customers at the very heart of everything we do.
If you are keen to become part of our exciting future then we would love to hear from you. In addition to the very genuine development opportunities we provide we also offer a generous reward and benefits package.
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