Job Description Senior Underwriter (Deputy Head of Underwriting – Designate) Location: Flexible / Hybrid – Some business travel required. Reporting to: Head of Underwriting Business: Moralis Limited Overview Moralis is launching a specialist Commercial Property Owners and Commercial Unoccupied MGA focused on disciplined underwriting, service-led distribution, and a sub-30% loss ratio across all product lines. We are seeking a Senior Underwriter who will initially support the Head of Underwriting and transition into a Deputy Head of Underwriting role within 12–18 months as the business scales. This is not a traditional underwriting role. The position is designed for a commercially astute relationship builder who understands property underwriting deeply and can represent the business externally with credibility and authority. Role Purpose • Act as a senior representative of the MGA to brokers and capacity partners. • Develop and manage strategic broker relationships. • Support performance reporting and capacity dialogue. • Oversee referral decisions, particularly around claims. • Deputise for the Head of Underwriting when required. The role is weighted towards relationship management and commercial oversight rather than day-to-day transactional underwriting. Role Split (Indicative) • 90% Broker & Market Relationship Development • 5% Reporting & MI Review • 5% Technical Underwriting / Claims Referral Oversight Key Responsibilities 1. Broker Relationship Management (Primary Focus) • Build and maintain strong relationships with key regional and independent commercial brokers. • Identify profitable books suitable for transfer. • Support onboarding of new broker partners. • Conduct broker visits. • Ensure appetite clarity and consistent underwriting message. • Monitor broker-level and whole-account profitability and performance. • Proactively manage underperforming relationships. 2. Market & Capacity Engagement • Attend monthly capacity meetings. • Present underwriting performance summaries. • Support discussion around loss ratio trends, RBR movement, aggregation monitoring, and referral trends. • Represent the MGA professionally in capacity discussions. • Assist in strategic planning discussions. 3. Technical Oversight & Referral Management • Review claims referrals outside TPA authority limits. • Ensure underwriting discipline and pricing integrity. • Support maintenance of rating tables and appetite controls. • Aiding Moralis Limited in obtaining full FCA authorization. 4. Reporting & MI Oversight • Review system-generated underwriting and claims performance reports. • Identify early warning trends. • Support quarterly pricing adequacy reviews. • Contribute to annual product review. Future Development (12–18 Months) • Formal appointment as Deputy Head of Underwriting (subject to performance). • Increased involvement in capacity negotiations. • Participation in recruitment decisions and product development. • Broader strategic leadership responsibilities. • Equity proposition possible once the business is operating sustainably. Candidate Profile Essential Experience • Minimum 5 years property underwriting experience. • Strong knowledge of Commercial Property Owners and Unoccupied Property. • Demonstrated broker relationship management capability. • Experience handling referrals and complex risk decisions. Desirable Experience • Exposure to delegated authority / MGA structures. • Involvement in capacity reporting. • Understanding of loss ratio management and RBR concepts. • Experience with performance-led portfolio management. • Experience operating on Acturis or equivalent software house. • Knowledge of Residential Property to support future product expansion. Personal Attributes • Commercially confident and credible. • Relationship-led but disciplined in underwriting approach. • Comfortable presenting to brokers, insurers and senior stakeholders. • Strategic thinker with long-term mindset. • Data-aware and comfortable interpreting MI. • Calm and measured decision-maker. • Able to work with autonomy and coordinate own diary.