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Example Career Paths

The Leadership Phase

Senior Underwriter

Learning, Building Expertise and Reputation

  • Possesses a comprehensive understanding of finance and business.
  • Exerts influence over a wide market / industry / client base.
  • Provides strategic direction internally and leadership externally.
  • Actively encourages knowledge and expertise sharing across the organisation.
  • Actively engenders a culture of coaching, mentoring and learning across the organisation.
  • Uses wider influence to raise profile of own team.

Underwriting

  • Accountable for the outcomes of more than one underwriting account or the whole syndicate.

Data Compilation / Analysis / Assessment / Management

  • Analyses figures in multiple accounts to look at where best / worst results are evident.
  • Conducts wide analysis of "Own Managing Agency / Own Syndicate" market / position (business planning, translation of product ideas into business).
  • High level analysis of the account to identify adjustments to achieve desired impact on bottom line.

Contribution towards the running of the accounts

  • Sets strategic direction for account.
  • Manages resources to meet the business plan.
  • Accountable for the delivery of the business plan and budgets being met.
  • Sets divisional targets and monitors and directs progress to meet them.
  • Ensures continuous improvement and quality throughout the account and also throughout the company or syndicate.
  • Maximises efficiency of distribution chain to customers.

Collaboration, Management and Leadership

  • Takes responsibility for raising issues at managing agency / group level.
  • Provides strategic direction to team/s.
  • Provides direction to managing agency / group.
  • Aligns people internally and externally to "Own Managing Agency / Own Syndicate" plans/goals.
  • Resources and retains a high quality and productive team.
  • Actively creates a culture that engenders: flexibility, focus on customer needs, continuous improvement, taking personal responsibility for the development of own team, and the sharing of knowledge and professional expertise.
  • Develops and rewards leadership skills of own team managers.
  • Actively encourages innovation and change: engenders a culture where "above-the-water" mistakes are allowed and people are accountable both for the success and failure resulting from their decisions and actions.
  • Engenders a culture where individual progress is strongly linked to developing and coaching own juniors.

Business Development

  • Exerts influence across wide market / industry / client base to increase business for "Own Managing Agency / Own Syndicate".
  • Generates the need for "Own Managing Agency / Own Syndicate" products in the industry and market and with brokers and clients.
  • Understands customers and their business and how to help them.
  • Responsible for future planning (business development, R&D, customer relations).
  • PR/sales/marketing - talks to press, brokers, industry experts regarding own account and "Own Managing Agency / Own Syndicate".

Competency Reference

Rating Level

Specialist Knowledge

Complex Judgement

Strategic Thinking

Focus

Initiative

Independence

Client Orientation

Collaboration & Influence

 Very Strong


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