Job Description
Job title: Senior Commercial Product Development Underwriter
Salary: £80,000
Location: Essex
PURPOSE OF ROLE
We're helping a growing insurer hire a Senior Commercial Product Development Underwriter to improve and update their SME products. The role focuses on underwriting, product design, and staying in line with regulations.
RESPONSIBILITIES
* Design and refine SME commercial products to align with market needs and business goals
* Collaborate with underwriting, claims, compliance, and distribution teams to develop and implement product enhancements
* Support pricing strategies and update policy wordings and terms to improve clarity and performance
* Ensure all product developments meet regulatory standards and internal governance
* Conduct competitor and market research to identify emerging risks and opportunities
* Support product training, documentation, and go-to-market activity across internal and external teams
DAY-TO-DAY
* Work with underwriting and data teams to improve products
* Speak with brokers to gather feedback and share updates
* Ensure documentation and products meet FCA rules
* Support marketing with product info and materials
* Keep up to date with market and regulatory changes
EXPERIENCE
* Background in commercial underwriting, ideally SME
* Experience developing or improving insurance products
* Used to working with different teams across a business
* Good understanding of FCA requirements
SKILLS & REQUIRMENTS
* Strong knowledge of SME commercial products
* Confident with pricing and data analysis
* Clear communicator across teams and partners
* Interest in digital and data-led underwriting (a plus)
* Cert CII (or working towards) preferred
If you have the relevant experience or know someone that does please contact me now on or email us