Underwriter - UK Property (Commercial Combined)

New Vacancy: Underwriter - Property (UK & Multinational)
London Market Insurer
City of London

I am currently partnered with a London Market Insurer who are seeking an Underwriter to join their growing UK Property division.

This role will be Underwriting Property related risks, with a focus on UK Multinational business for a range of occupancies. You will be writing packaged Casualty risks in this role too.

My client is looking for an experienced UK Property or P&C/Commercial Combined Underwriter, with strong Broking contacts either in London or regionally, and the desire to write new business.

Key Responsibilities

• Deliver the underwriting strategy for the Property portfolio, supporting profitable growth in line with business objectives and underwriting appetite.
• Underwrite new and renewal business within delegated authority, applying sound technical judgement and strong commercial acumen.
• Assess complex risks by reviewing applications, financial information and supporting documentation to determine acceptability in line with underwriting guidelines and standards.
• Recommend appropriate pricing, terms, conditions and coverage enhancements based on detailed technical analysis and prevailing market conditions.
• Build, develop and maintain strong trading relationships with key brokers, acting as a trusted underwriting partner and identifying opportunities for profitable growth.
• Proactively develop new business opportunities while strengthening and expanding existing broker relationships across the market.
• Work collaboratively with the Senior Underwriting Leadership Team to deliver underwriting strategy and achieve portfolio objectives.
• Prepare quotations and respond to technical underwriting enquiries from brokers, internal stakeholders and business partners, escalating matters where appropriate.
• Clearly communicate underwriting decisions, including referrals, underwriting requirements, rate negotiations and declinatures, ensuring brokers understand the commercial rationale behind decisions.
• Monitor portfolio performance through analysis of quality, rate adequacy, exposure and profitability, providing insight and recommendations to support portfolio optimisation.
• Contribute to the ongoing development of underwriting appetite, products and trading strategy through technical expertise, market knowledge and underwriting insight.
• Represent the organisation within the broker community through regular broker meetings, market visits and industry networking events, promoting the company's proposition and values.
• Maintain a strong understanding of market trends, competitor activity, regulatory developments and emerging risks.
• Ensure all underwriting activity complies with regulatory, legal and governance requirements, as well as relevant policies and underwriting controls.
• Work closely with senior colleagues on risks exceeding delegated authority or requiring specialist technical input.
• Develop proficiency across all relevant underwriting systems and contribute to continuous improvement initiatives where appropriate.
• Undertake additional responsibilities and projects as required.

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