Lead Underwriter, Non-Motor

Summary

Join Wakam's Underwriting team in the UK to lead Non-Motor (Home, SME & Consumer Lines) underwriting. You will report to the UK Chief Underwriting Officer and be responsible for distribution, underwriting, and product strategy. Key responsibilities include growing profitability, managing delegated authority, ensuring product governance, and acting as a product and market expert. The ideal candidate possesses deep understanding of UK property insurance underwriting principles, experience in connectivity and gig economy products, strong financial and customer service skills, and proven leadership abilities. A risk management orientation, strategic thinking, data-driven approach, and customer-centric mindset are essential. Wakam offers a unique work environment with remote work flexibility, a flat hierarchy, monthly Free.day, lunch vouchers, and a mission-driven culture.

Requirements

• Deep understanding of insurance underwriting principles, including risk assessment, pricing, and policy issuance for property insurance products in the UK
• Experience of underwriting products in connectivity and gig economy
• Deep understanding of the insurance industry, including market trends, competition, and opportunities
• Well-versed in underwriting policies and procedures, able to ensure underwriters comply with company standards and regulatory requirements and shape the company’s underwriting guidelines
• Ability to assess and mitigate risks associated with insurance underwriting decisions
• Strong financial skills – able to set business forecasts, monitor budgets and ensure profitability
• Strong customer service skills – with a focus on customer satisfaction and consumer duty
• Solid understanding of insurance regulations and compliance requirements
• Strong analytical and reporting skills, and the ability to assess and report on insurance risk effectively
• Proven leadership and stakeholder management skills
• Risk management orientation: vigilant in identifying, assessing, and mitigating risks associated with insurance underwriting decisions and market dynamics
• Strategic thinking: taking a long-term approach about the company’s goals, market opportunities and competitive positioning, aligning underwriting practices with strategic objectives
• Data driven: comfortable using data analytics and modelling to support pricing, risk assessment and performance monitoring
• Customer-centric: always keeping the customer in mind when making underwriting decisions
• Adaptability: adaptable and open to adjusting underwriting practices in response to evolving market conditions, regulatory changes and emerging risks
• Compliance consciousness: maintain a compliance-focused mindset to ensure the company operates within legal boundaries
• Results driven: motivated by achieving measurable outcomes
• Collaborative outlook: fostering a collaborative mindset, working closely with underwriting teams, senior management, risk committees and other stakeholders to achieve collective goals
• Ethical integrity: commitment to ethical conduct and integrity in all underwriting practices
• Attention to detail and accountability

Responsibilities

• Leading the distribution, underwriting and product strategy for property (Home & SME) and Consumer lines working with revenue, claims and other
• Growing property lines and consumer profitability and in-line with our financial objectives
• Accountable for the underwriting results for non-motor products
• Deliver effective portfolio management
• Management of Delegated Authority and the interactions with the market (MGAs, Brokers and Direct clients)
• Responsible for Product Governance activities
• Acting as a product and market expert across the UK and Europe

Benefits

• True remote work flexibility with our Wakam From Anywhere (WFA) program - yes, we even have a teammate working from a sailboat! ⛵
• Monthly Free.day: dedicated time for personal growth and skills development 📚
• Lunch voucher with Swile card