Portfolio Underwriting Manager

Our client, a specialty insurance group, is looking for an experienced Portfolio Underwriting Manager to take ownership of the underwriting profitability of its portfolio. Working closely with the CUO, you will lead the selection, monitoring and performance management of the MGAs and classes of business the company underwrites.The RoleConduct technical due diligence on around 20 MGAs, including evaluation of product design and distribution, underwriting risks and controls, historical performance, and the technical capability of MGA underwriting teamsReview and approve underwriting guidelines, pricing models, underwriting authority structures, and parameters for Binding Authority AgreementsOwn monthly, quarterly and annual performance monitoring across the portfolioOversee MGA performance and KPIs, including pricing adequacy, adherence to Binding Authority Agreements, ultimate loss ratio and performance mixPartner with MGAs and reinsurers on portfolio enhancements covering mix, pricing, product and terms and conditionsLead technical audits across all classes of businessManage exposure at class, product, geography, risk and peril level, coordinating with third-party catastrophe modellers on 1-in-250 and 1-in-500 year PML assessments as requiredReview reinsurance arrangements alongside the Reinsurance Placement Officer and liaise with reinsurers on performance and MGA managementRun quarterly performance reviews with the actuarial and finance teamsWork with Program Managers on underwriting requirementsAbout YouEssential:Proven class underwriting experience (e.g. Property, Casualty, Financial Lines, Aviation, Marine)Extensive underwriting and performance management experienceStrong portfolio management and analytical capabilityExperience with reinsurance structures and arrangementsCurrent, actively maintained knowledge of underwriting best practice in pricing and risk selectionDesirable:Underwriting experience gained at an insurer and/or an MGADepth of knowledge across multiple classes of businessPrior experience in a Portfolio Management or Underwriting Management roleFamiliarity with, or exposure to, reinsuranceFor more information contact Ian at IDEXVisit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.Discipline(s): General InsuranceJob type: Permanent