Commercial Underwriter

Job description

Are you a Commercial Underwriter focussed on delivering profitable growth, maintaining underwriting discipline, and building strong broker relationships. If so, lets connect!

About the role

Our Commercial Underwriter will be responsible for managing commercial package policies, primarily across UK Property & Casualty classes, while supporting selective underwriting of Professional Indemnity risks.

The role focuses on delivering profitable growth, maintaining underwriting discipline, and building strong broker relationships.

What you'll get up to:

• Underwrite new business, renewals, and mid-term adjustments within delegated authority.
• Evaluate risk across core P&C lines including, Property (material damage, business interruption) & Liability (employers, public, and products liability).
• Support underwriting of Professional Indemnity risks with guidance where required.
• Apply technical underwriting judgement to assess exposure, coverage, and pricing adequacy.
• Manage a defined book of package business to achieve profitability and growth targets.
• Monitor portfolio performance (loss ratios, retention, rate adequacy).
• Identify trends and take corrective underwriting actions.
• Build and maintain strong relationships with UK regional brokers.
• Support new business development through broker visits and presentations.
• Apply rating tools, underwriting guidelines, and market insight to price risks appropriately.
• Ensure policy wordings, endorsements, and coverage align with risk appetite.
• Contribute to wording enhancements, especially in P&C package products.
• Ensure underwriting decisions comply with internal authority levels and regulatory requirements (Financial Conduct Authority standards).
• Maintain accurate documentation and audit trails.
• Strong grounding in UK commercial P&C underwriting.
• Working knowledge of Professional Indemnity underwriting principles.
• Ability to interpret underwriting data, claims trends, and financial metrics.
• Sound judgement in balancing risk vs reward.
• Confident communicator with brokers and internal stakeholders.
• High level of accuracy in policy construction and documentation.

About you:

• Experience in UK commercial underwriting.
• Exposure to package policies or SME/mid-market business preferred.
• Experience in Professional Indemnity is desirable.
• Progress towards or completion of a professional insurance qualification (e.g. CII).
• Experience contributing to portfolio analysis, pricing reviews, or underwriting strategy.
• Demonstrable underwriting judgement with the ability to balance risk, pricing, and commercial considerations.
• Experience working with brokers and managing broker relationships.
• Good understanding of FCA regulation and the UK insurance market.
• Strong organisational skills with the ability to manage competing priorities.

In return, we offer you:

• A competitive salary and the ability to grow your career
• 25 days holiday - so there’s plenty of time for work, rest and play
• Hybrid way of working for the perfect work / life balance
• Vitality private health and dental insurance
• Added benefits including competitive pension and salary sacrifice
• Access to financial wellbeing platform Mintago
• Full access to

  Spill

  , our mental health platform
• Cycle to work scheme
• Fun and modern office environment with regular team social events
• City of London location

Extra information

Status

Open

Education Level

Secondary School

Location

City Of London

Type of Contract

Full-time jobs

Published at

01-05-2026

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English