Senior Travel Underwriter

Reporting into the Head of Travel Underwriting, you will be part of a dedicated team responsible for managing the underwriting performance of one of the UK’s largest travel insurance portfolios and tasked with growing the travel insurance business globally.

The role holder is expected to collaborate and support areas across the business including Account Management, Business Development, Finance, Data and Actuarial, , to evolve our products in order to drive profitable growth.

Always with a keen eye on the balance between revenue growth and the potential for escalating claims costs, you will identify and implement controls to pricing and operational process, developing new ideas to ensure the business runs within the expected limits. You will possess a strong technical background in personal lines insurance with an intimate understanding of the travel insurance market.

• Manage the underwriting performance of travel insurance, understanding the various revenue models that drive  long-term operating income and working with Actuarial to ensure accurate IBNR and reserve calculations.
• Work in a high-performance culture delivering against goals effectively, and ensure learnings are shared and leveraged.
• Work alongside the Senior Travel Pricing Analyst to create pricing models, clearly communicating the underwriting logic and forecasted underwriting performance to relevant internal and external stakeholders and reinsurance capacity when required.
• Work with Commercial and Business Development to create and enhance products with a strong focus on customer need. Evolve policy wordings, looking to balance the needs of back-office consistency with an innovative approach to customer communication.
• Develop reporting to monitor and analyse sales and underwriting performance, proposing recommendations for product and pricing changes.
• Work with our reinsurance capacity providers to develop a mutual understanding of risk appetite and approach to underwriting decisions to aid future growth and enhanced commercial success.
• Support the business development functions by developing solid working relationships with our key distribution partners, showing a true understanding of their business need.

Work closely with our in-house and external claims and assistance teams to develop a continuous learning loop, using root-cause analysis to improve and evolve, taking loss trends into consideration.