Our leading Douglas-based Finance Sector Client is expanding its Insurance Division and are now seeking a Chief Underwriter to join and play a leading role.
Here you will lead teams of technical underwriters and senior claims assessors. This is a senior position responsible for setting underwriting strategy, ensuring technical excellence and overseeing complex claims decisions. You will work closely with senior management, product development, compliance and customer services to ensure alignment with the company's risk appetite and business objectives.
Specifically, the Chief Underwriter will:
* Lead, mentor and develop a team of technical underwriters and senior claims assessors
* Define and implement underwriting and claims strategy aligned with business goals
* Oversee and approve complex, high value life cases and claims
* Ensure compliance with internal policies, regulatory frameworks and industry best practices
* Collaborate with actuaries, legal and product development teams on case design and risk assessment
* Provide training and technical support to brokers, clients, Third Party Agencies
* Ownership of Reinsurance relationships and treaty documents
* Drive innovation and efficiency in underwriting and claims operations
* Represent the underwriting and claims function at management level meetings and strategic discussions
The ideal candidate for the role of Chief Underwriter will have:
* A minimum of 10 years' experience of Life & Disability underwriting, with at least 5 years in senior leadership role covering international markets
* Strong technical knowledge of international life products and high-net-worth underwriting
* Experience managing claims assessment processes and resolving complex claims
* Proven leadership and team development skills
* Strong communication and interpersonal skills with an ability to have detailed technical conversations with key internal and external stakeholders
* Familiarity with offshore regulatory environments and cross-border insurance solutions is a strong advantage
* Relevant underwriting and/or medical qualifications