Graduate Underwriter and Commercial Analyst

Location: We have moved to a hybrid way of working here at Domestic & General. The role will likely consist of 2-3 days per week working in the office and the rest working from home, you will need to live within a commutable distance to our Head offices in Wimbledon.

Contract Type: Permanent

Hours: Full time (35 hours per week)

Domestic & General’s purpose is to keep our customer’s world running by delivering an essential service that never lets them down. We are on an exciting journey, transforming our business in line with the Group’s Strategy outlined in an ambitious five-year plan.

We have an excellent opportunity for a newly graduated individual to join our Underwriting team, as a Graduate Underwriter and Commercial Analyst. The successful individual will report into the Underwriting & Commercial Finance Manager and will gain excellent exposure to the work that the team does. You will be responsible for ensuring the UK business is profitable, taking ownership of, and monitoring individual accounts looking for pricing and cost improvements. This role would suit someone with strong problem solving and interpersonal skills, who’s looking for their first Commercial role.

You will be responsible for:

• Managing a portfolio of warranty products and accounts.
• Setting viable pricing and commission structures for new and existing warranty business.
• Ensuring the pricing, commercial arrangements and product design of warranty business delivers against cost and target margins, through accurate costing and modelling.
• Producing long-term financial forecasts and cash flows, including investment appraisal analysis.
• Assessing and advising on warranty product risk.
• Presenting commercial propositions to senior management and external clients.
• Liaising with all commercial areas of the D&G business to deliver profitable warranty products.
• Applying appropriate regulatory requirements including GDPR.
• Developing and delivering creative solutions to complex warranty design problems.
• Analysing financial and performance data to understand issues and propose solutions to optimise performance.
• Able to solve complex warranty, system, and operational problems.

About You:

To be successful in this role, you will have:

• Strong problem solving skills.
• Excellent interpersonal skills.
• Proactive work ethic and commercial acumen.
• Confidence in liaising with stakeholders, across different levels.
• Strong communication skills.
• Excellent attention to detail.
• Ideally some experience in budgeting and forecasting, however not essential.
• Ideally experience using the following packages: MS package, Flyspeed SQL, Cognos, AS400 (however, not essential)

In return, we offer:

• Competitive salary and discretionary bonus
• Flexible working, offering a hybrid way of working
• 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave
• Training opportunities as well as clearly defined career progression
• Health cash plan – employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more. Cover also includes unlimited access to a 24/7 virtual GP service
• Attractive company pension scheme
• Life assurance – employer funded cover of 4x basic salary
• Dedicated online benefit portal offering access to saving and lending facilities, financial wellbeing and support services:
• Salary Finance – access to savings and borrowing through payroll
• Car Leasing – access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand new vehicles
• Travel Loans – interest free loans to help spread the cost of annual travel tickets
• Cycle to Work – tax efficient bike and cycling equipment worth up to £1,000
• Health & Wellbeing – discounted gym membership, online virtual workout sessions, online culinary classes
• Employee Assistance Programme – specialist advice and support on issues such as finance, relationships, illness and family issues
• Free Domestic & General protection plan – one free plan each year with access to discounted rates of up to 50% on additional plans, including referrals for family and friends
• Employee discounts – access to discounted Sky TV and broadband packages, together with a range of discounts for 100s of online and high street retailers

Domestic & General are an equal opportunities employer, which means we treat people fairly. We view all applications equally, regardless of gender, colour, ethnic background, religion, disability, age, sexual orientation, gender reassignment or marital/family status. We also have a thorough referencing process, which includes credit and criminal record checks.