
Commercial Director (CUO), Personal Lines
Date Posted
27th August 2019
Reference
VAC-7990
Sector
General Insurance
Job Type
Permanent
Location
South East + working from home
Benefits
£170,000 - £190,000 base + 75% bonus
Salary
£170,000 to £190,000 Per Annum
Job Description Apply: Commercial Director (CUO), Personal Lines
A well known personal lines client is seeking to recruit a Commercial Director for their General Insurance business.
The role will be a regulated one and you will have responsibility for the Chief Underwriting Office function with the PRA (ie you will be an SMF23 under the Senior Manager’s regime). The team will have 7 direct reports and around 50 indirect reports, and the team’s remit covers pricing (technical and street), aggregators, underwriting, commercial negotiations etc.
The client will be happy to have a mix of working from home with working on site in the UK regional market. The successful candidate will either be a qualified actuary with extensive personal lines pricing experience, or a numerically minded Director of Underwriting and/or Pricing. Strong communication skills are a given, but the most important quality is the ability to work in an environment marked by change and uncertainty.
Due to the sensitivity of the assignment (which is exclusive and retained), we cannot provide more information publicly but will be happy to do so in private.
The role comes with a range of executive benefits, including a car allowance and a high discretionary bonus target.
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