Head of Underwriting Strategy & Excellence - Open to internal applicants only

Head of Underwriting Strategy & Excellence - Open to internal applicants only Job Ref: 2343 Job Title: Head of Underwriting Strategy & Excellence - Open to internal applicants only Location: Dundrum - Dublin 16 05-04-2024 Vacancy Description Join RSA and make a difference every day. Whether you are just beginning your career or looking to take the next progressive step in your journey, RSA Insurance Ireland is an organization where you can be yourself, learn and develop and a place where your ideas and contributions matter. With offices in Belfast, Galway, and Dublin , we have embraced hybrid work empowering our people to work flexibly and to suit their individual needs, which enables them to deliver great service to the customers we look after every day. Our Dublin office is also home to our sister-company 123.ie. At RSA and 123.ie we empower our customers to make a difference in their lives. And the same goes for our employees. We are proud to have 32 different nationalities represented in our workforce. Our diverse customer base benefits from the diverse perspectives of our teams that serve them, solving complex problems with creative ideas. As proud member of the Intact family , we’re part of something bigger with a presence in North America, the UK, and Europe. Our business has grown organically and through acquisitions to over $21 billion of total annual premiums. We want you to thrive and grow with us – and we’ll give you all the tools, flexibility and learning opportunities you need to do it. And, if you bring your best, then we promise to give you, our best. Culture and Community RSA is a purpose-driven business – our purpose is to ‘help people, businesses, and society prosper in good times, and be resilient in bad times’ . We do that by living our values – Integrity , Respect , Customer-driven, Excellence , and Generosity – in everything that we do. We provide an open and honest workplace – where everybody contributes, and every view is listened-to and respected. Generosity is in our DNA and is the value that guides and enables our people to help others, protect the environment and make our communities more resilient. It drives our efforts to care for people and to give our time, financial resources and talent. We’re also committed to helping society adapt to a changing climate taking reasonable care to ensure that our business activities are conducted in an environmentally sustainable manner. Our stats don’t lie… in our annual engagement survey 87% of our people celebrate the diversity in their teams and the wider company 90% of our people feel safe to speak up and share if they’ve made a mistake 91% of our people feel valued and respected by leadership 89% of our people are benefiting and thriving through our hybrid working model So if you want to make a difference every day, we’d love to have you. Head of Underwriting Strategy and Excellence - Open to internal applicants only Oversight of the effective management of underwriting risk, and supporting reduction in underwriting leakage, by driving up underwriting quality, and technical capability and standards which are key to help drive outperformance. The role will require that business teams are adhering to the requirements within the Underwriting Policy and associated frameworks, and that the right capability, processes, and controls are in place to effectively manage our portfolios within RSA’s risk appetite. As part of the underwriting function, the Line1 defence team are required to support the growth strategy of the Underwriting function whilst maintaining controls at a reasonable level appropriate to our size. You will work closely with UKI Colleagues, the CUO, Portfolio & Pricing Leaders, and other key Senior Leaders to manage the effective and efficient delivery of Policy and framework requirements. You will provide leadership to a small technically experienced team, ensuring the necessary levels of performance. You will need a knowledge of Commercial and Personal Underwriting, business knowledge and experience Key Responsibilities: Developing with UKI Colleagues a Validation and Control Framework to deliver quality Underwriting across the Underwriting function Managing the control validation Framework to independently review and validate the controls within the Underwriting Functions across Personal and Commercial Lines in RSAII and RSANI Preparing high quality reports detailing the findings from validation reviews and assessments of Portfolio Risk Appetite and Strategy reviews for Group and local Board Committees Influencing Portfolio Managers and other key stakeholders of the benefits of maintaining and improving Risk Management standards and Underwriting and Portfolio controls Providing expert advice to Senior leaders on effective solutions for emerging underwriting issues Designing an Annual Underwriting Validation plan and ensuring it is delivered effectively and efficiently in line with timelines reported to Senior Management Acting as Secretary to various RSA fora such as Product Oversight and Governance, Accumulation and Exposure Management and Wordings Committee Ongoing management of the POG and Wording sign off processes. Management and oversight of the Executive and case underwriting licence process Operational Efficiencies: Supporting the identification, development, and delivery of process improvements to drive operational benefits To support Personal and Commercial Portfolio and Pricing in the development of the Business and supporting strategies Building and maintaining effective relationships with internal stakeholders to ensure services meet the needs of the business Leading and motivating your team to fully exploit their capabilities and RSA’s investment in training and development to ensure delivery of the required standards of excellence and performance. Dealing with external auditors on Underwriting and Pricing matters Requirements: 5 years experiences within Insurance Good Underwriting Technical Capability across Personal and Commercial Lines to enable effective challenge of Underwriting controls and control validation. Good written and verbal communication skills Strong organizational skills Regulatory Requirements: If this role is defined as a "controlled function" by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be conditional on the company being satisfied that you meet the requirements as set out in the Fitness & Probity standards issued in this Act. RSA Insurance Ireland DAC and its affiliate companies consider applicants on the basis of qualifications and without regard to race, colour, religion, sex, national origin, age, marital or veteran status, sexual orientation, disability or any other legally protected status #J-18808-Ljbffr