Role Summary
A Commercial Underwriter assesses and manages risks for business insurance policies, working closely with brokers and clients to develop profitable portfolios. This role often focuses on mid-market property and casualty (P&C) underwriting.
Key Responsibilities
• Underwriting New and Existing Business: Evaluate and price commercial insurance risks, particularly in property, liability, motor trade, and fleet.
• Broker Relationship Management: Build and maintain strong partnerships with brokers to understand client needs and deliver tailored insurance solutions.
• Portfolio Development: Grow and manage a book of business, ensuring profitability and compliance.
• Decision-Making: Use data insights and mobile decision-support tools to make informed underwriting choices.
• Collaboration: Work within a regional underwriting team, supporting senior underwriters and managers to meet financial targets.
Skills & Experience Required
• Proven experience in commercial underwriting, ideally in property, liability, or motor fleet.
• Strong analytical and negotiation skills.
• Excellent interpersonal and communication abilities.
• Familiarity with FCA regulations and industry standards.
• Ability to work independently and manage a dynamic workload.
Qualifications
• Working towards or holding FIT / Cert / Dip CII qualifications is often encouraged.
• Continuous professional development is supported.
Work Environment
• Hybrid working model: typically 60% office-based or visiting clients.
• Flexible arrangements may be available.
Compensation & Benefits
• Competitive salary based on experience.
• Bonus opportunities.
• Generous pension contributions.
• Career development programs and training support.