Design And Engineering Practitioners Pi Underwriting Manager

Your Purpose:The Design and Engineering Practitioners Professional Indemnity (DEP PI) Underwriting Manager is responsible for the development, execution, and financial performance of the DEP product.
This role involves building the product and executing strategies, managing an underwriting team, and driving profitable growth within the DEP PI market.
The position requires close collaboration with various internal teams and external vendors to ensure the product is competitive, profitable, and meets market needs.
This role involves two distinct phases: Phase 1 focuses on building the product and channel from the ground up, including activities such as influencing the strategy, target market, appetite and coverage, working with pricing to build the algorithm, collaborating with the project squad (including technology build), driving promotional efforts, and recruiting underwriters.
Phase 2 transitions to managing and scaling the product post-launch, overseeing underwriters, and driving ongoing product management and growth.
What you'll do: Deliver, and continually improve, the DEP product strategies (including but not limited to, target markets/key brokers, product differentiation, appetite, UW execution strategy, risk engineering, technology, etc)
Define and execute a cohesive underwriting plan and value proposition for intermediaries, aligned with the overall product strategy
Execute on the go-to-market proposition and distribution strategy for DEP focusing on partners with the highest growth potential
Work closely with Vero Specialty Lines (VSL) and the broader team to ensure strategic alignment across underwriting, distribution, and product management
Provide expertise into the technology build in collaboration with the technology team and external vendors, ensuring the infrastructure supports product growth, market fit and scalability.
What you will bring: At least 10 years commercial experience in Design and Engineering Practitioners PI (or equivalent Construction PI)
Proven experience in leading and developing teams in the insurance, with a focus on product development, strategy, underwriting and financial performance
Strong understanding of intermediary markets, underwriting principles, and insurance products, particularly in DEP PI
Experience in building and implementing underwriting guidelines, delegated authorities, and profit and loss management processes
Demonstrated ability to collaborate with technology vendors and internal teams to define and build technology solutions that support business goals
Knowledge of reinsurance strategy and pricing algorithms.
What's in it for you: Competitive salary package
Discounts of up to 25% on our various Insurance
Flexible working environment and arrangements; genuine focus on work-life balance
Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
We offer support and various programs for our people: (Employee Assistance Program (EAP), Health & Wellbeing, Study Support, Employee Referral Program, Facilities for nursing mothers, Company share options, Social club, Years of Service Recognition).
What you will love about working with us:
We believe we are at our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected.
We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.