Commercial Underwriter

About the Role

Our client is seeking a highly analytical and proactive Commercial Underwriter to join their established team in Birmingham . This role is crucial for assessing and managing the risks associated with commercial insurance policies, ensuring the profitability and stability of the company's underwriting portfolio. You will work closely with brokers and agents to understand client needs and provide tailored insurance solutions. This is an excellent opportunity for an experienced underwriter to contribute to strategic decision-making and growth within a reputable insurance provider known for its commitment to excellence and its supportive team environment.

Key Responsibilities

• Assess and underwrite new and renewal commercial insurance business, ensuring adherence to underwriting guidelines and appetite.
• Analyze financial statements, risk exposures, and loss histories to determine appropriate pricing and terms.
• Build and maintain strong relationships with brokers and clients, providing expert advice and service.
• Develop and implement underwriting strategies to achieve profitable growth targets.
• Stay abreast of market trends, regulatory changes, and industry best practices.
• Collaborate with claims and actuarial departments to share insights and improve underwriting accuracy.

Requirements

• Significant experience as a Commercial Underwriter , preferably with expertise in specific lines of business (e.g., property, casualty, cyber).
• Strong understanding of risk assessment principles, financial analysis, and insurance products.
• Excellent negotiation and communication skills, with the ability to build rapport with external partners.
• Proven track record of meeting or exceeding underwriting profit and growth objectives.
• Bachelor's degree in Business, Finance, Risk Management, or a related field is preferred.

Benefits

• An attractive annual salary with a discretionary bonus structure.
• On-site working environment ensuring full team collaboration and access to resources.
• Comprehensive health and wellness programs, including private medical cover.
• Generous holiday allowance and company-matched pension contributions.
• Opportunities for professional development, including ACII qualifications and specialized training.