Reading
We are partnering with a well-established Insurance provider to appoint an experienced Underwriter. This role will take full responsibility for pricing and risk strategy across a portfolio of automotive-related warranty and insured products, including GAP insurance, breakdown cover, and MOT protection. This is a key position within the business, offering the opportunity to shape underwriting frameworks, manage risk exposure, and support the development of new product offerings. The ideal candidate will bring a strong mix of technical underwriting capability, commercial insight, and a sound understanding of FCA-regulated products. Key Responsibilities: • Lead the underwriting and pricing of extended warranties and ancillary insured products, • Analyse claims trends, performance data, and loss ratios to inform pricing strategies, • Conduct detailed analytics on pricing performance, identifying opportunities to optimise margins, improve competitiveness, and support commercial decision-making, • Maintain underwriting criteria, eligibility matrices, and risk tolerances, • Collaborate with cross-functional teams to ensure underwriting aligns with broader business objectives, • Liaise with insurer and reinsurance partners to monitor performance, compliance, and capacity, • Support the launch of new products through pricing model development and risk assessment, • Deliver regular reporting and performance analysis across product lines Requirements: • Minimum 2–3 years’ experience in a motor-related underwriting role, • Strong analytical skills, with advanced Excel proficiency (SQL or similar tools beneficial), • Proven experience in applying analytics to monitor, evaluate, and refine pricing strategies, • Solid understanding of FCA regulations and Treating Customers Fairly (TCF) principles, • Strong commercial acumen with the ability to apply risk-based thinking to strategy, • Comfortable working autonomously and cross-functionally, • Own vehicle and living within 40 mins’ drive of Reading for 2/3 hybrid days (not central) Benefits include: • Additional bonus scheme, • Company pension, • Employee discounts, • On-site parking, • Hybrid working