121 Senior Underwriter jobs in London

Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 52,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you'll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Pen Underwriting is one of the UK’s leading managing general agents, offering a diverse range of insurance solutions tailored to meet the needs of our clients. We pride ourselves on our innovative approach, deep industry expertise, and commitment to delivering exceptional service. As part of our continued growth, we are seeking a talented and experienced Cyber Underwriter to join our dynamic team in London.

As a Cyber Underwriter, you will play a pivotal role in managing and growing our cyber insurance portfolio. You will be responsible for underwriting both new business and renewals, ensuring profitability and compliance with underwriting guidelines. This is an exciting opportunity for a driven professional with prior experience in cyber underwriting to make a significant impact in a fast-evolving and critical area of insurance.

Key Responsibilities:

• Underwrite and manage a portfolio of cyber insurance risks, including both new business and renewals.
• Assess and evaluate risks in line with company underwriting guidelines and appetite.
• Develop and maintain strong relationships with brokers and clients to drive business growth.
• Negotiate terms, conditions, and pricing to achieve profitable outcomes.
• Monitor market trends and emerging cyber risks to ensure our products remain competitive and relevant.
• Collaborate with internal teams, including claims and risk management, to deliver tailored solutions to clients.
• Contribute to the development of underwriting strategies and product innovation.

What We’re Looking For:

• Proven experience in cyber underwriting, with a strong understanding of the cyber insurance market.
• Expertise in underwriting both new business and renewals.
• Strong analytical and decision-making skills, with the ability to assess complex risks.
• Excellent communication and negotiation skills, with the ability to build and maintain relationships with brokers and clients.
• A proactive and results-driven mindset, with a focus on delivering exceptional service.
• Knowledge of current and emerging cyber threats and trends is highly desirable.
• Relevant professional qualifications (e.g., CII) are advantageous but not essential.

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Our client, a London based MGA, are looking to recruit a Trading Underwriter to manage a book of Property and Casualty business emanating from a portfolio of brokers in London and the Southeast, focusing on service and trading.

This is a hybrid working position, working between the City based office and home.

The successful candidate will take responsibility for the underwriting of new business quotations across their Property and Liability products and dealing with queries within the SLA's of the business. You will keep regular communication with the Business Development Managers to maintain broker relationships and act as a referral point for the Underwriting Assistants.

Candidates must have experience in a commercial underwriting capacity, ideally experienced in Property and Liability along with experience in conducting onsite broker visits.

Title Underwriter

A leading, private equity–backed international and underwriting platform is looking to appoint a Title Underwriter to join its growing practice - this is a rare opportunity to work in a high-growth, entrepreneurial environment while benefiting from the backing of a well-capitalised, global business.

-Underwrite title insurance policies for complex commercial property transactions.

-Assess risk, review documentation, and ensure compliance with underwriting guidelines.

-Collaborate closely with brokers, lawyers, and clients to deliver efficient, high-quality solutions.

-Contribute to the development of new products and underwriting processes.

We are interested in speaking with an Underwriter with either proven experience in commercial title or W&I underwriting or broking and would also corporate real estate lawyers with an interest in exploring within insurance.

This is an opportunity to work with a forward-thinking, internationally active business that places product innovation high of their agenda and you’ll play a key role in building the firms presence in the title insurance market while enjoying the support and reach of a global platform.

About the Company

Our client is a leading, award-winning specialist property lender headquartered in London. Since 2008, they have provided over £3 billion in mortgages to property investors, business owners, and homeowners across the UK. Known for their dependability, fairness, and respect, they offer a dynamic and entrepreneurial environment where innovation and collaboration are at the heart of everything they do. The business is backed by institutional capital from global credit funds and investment banks, and is currently expanding its capital markets function to support continued growth.

Role Overview

We are seeking an experienced and detail-oriented Underwriter to join our dynamic team. In this role, you will assess and manage complex bridging loan applications from brokers, intermediaries, and direct applicants. You'll play a key part in ensuring that all applications align with our lending policy and risk appetite, while maintaining compliance with regulatory standards.

Key Responsibilities

Assess and underwrite bridging loan applications in line with lending policy.

Manage a personal pipeline of cases from application through to completion.

Evaluate risk-related issues and resolve them effectively.

Review full case documentation, including credit reports and KYC, ensuring AML compliance.

Analyse valuation reports and assess property suitability and LTV.

Approve or decline applications, escalating to Compliance or Senior Leadership when needed.

Produce high-quality loan synopses with clear rationale.

Maintain professional communication with all stakeholders throughout the loan process.

Minimum of 2 years' experience in a similar underwriting role or within the short-term lending industry.

GCSE (or equivalent) grade B or above in Maths and English Language.

Strong verbal and written communication skills.

Excellent time management and ability to work independently or collaboratively.

Proficiency in Microsoft Word, Outlook, and Excel.

Comfortable with manual calculations and CRM platform tools.

Demonstrated interest in bridging finance and market trends.

£0k - 0k dependent on experience

Company

Munich Re Specialty - North America

Location

London , United Kingdom

Bell & Clements is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd's Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.

We are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd's, London Market companies, and Munich Re owned capacity in Germany and the US.

Why join us?

We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products, risk appetite and career development opportunities of one of the largest and most successful insurance groups in the world. As our business continues to grow, we are committed to expanding our team and provide development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work-life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.

Overview

Profitable underwriting, servicing and development of Property business. To pro-actively contribute towards the smooth running of the Direct Underwriting Property Division and other divisions where appropriate.

Responsibilities

• Underwriting of new and renewal business daily within agreed authority levels and ensure completion of all post items associated with the task.
• Underwriting of new and renewal business daily for peer review where it falls outside of agreed authority levels.
• Authorise Quotes, Endorsements and other post-related issues that have been referred by other members of the Property team which fall within Authority levels.
• Work closely with capacity provides (for example Great Lakes and Lloyd's), where appropriate.
• Utilise all office and other web-based systems where appropriate to complete daily tasks.
• Review/Underwrite the daily post, as required.
• Ensure all client queries are dealt with in a timely manner.
• Submit quotes in a timely manner, liaise with customers and manage any queries they may have over the placement and/or quoting of business.
• Create new business relationships where the opportunities arise.
• Pro-actively contribute to departmental and inter-departmental group meetings as and when required.
• Travel as required and necessary.
• To provide the necessary support and assistance to the Chief Underwriting Officer, Head of Direct Underwriting and Head of Property in the management of the Property departments tasks.
• Help, assist and mentor Underwriters, Assistant Underwriters, Underwriting Assistants and Underwriting Administrators with their development within the Direct Underwriting Property.
• Awareness of FCA rules and all relevant regulatory and compliance issues as may be applicable. Assist in implementation where applicable.
• Where necessary work towards professional qualifications.
• To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.
• Take ownership of and make personal and professional development a priority as part of Continuous Conversations.
• In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).
• To abide by the policies and procedures of Bell & Clements Ltd.

Key Skills and Experience

• Commercial Property experience – preferred

• Accuracy, attention to detail and analytical skills essential

• Strong interpersonal, team working and communication skills, both written and verbal

• Negotiation skills and the ability to influence others
• The ability to absorb technical information
• Confident decision-making skills
• Numeracy and statistical skills
• Problem-solving skills and a logical approach to work
• Self-motivation
• The ability to work to tight deadlines
• US Property – Desirable

Benefits

This position is offered on a Permanent basis. Annual salary will be dependent on the skills and experience of the successful candidate. Annual leave - 25 days per year (plus bank holidays) , increases with length of service. Health & Wellbeing – our offering includes private medical insurance for employees, their partners and their families, a Digital GP service and an annual allowance (currently £550) any activities which supports health and wellbeing. Hybrid and remote working – to support your work balance we have introduced hybrid working. You will be provided with support to work from home up to a maximum of three days per week. Flexible working hours – the opportunity to flex your working hours. Generous gender-neutral family leave policy - employees with 26 weeks' continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Professional Qualification Support – (discretionary) financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses. Generous gender-neutral family leave policy - employees with 26 weeks' continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Team fun – warm and social culture with regular get togethers.

Equal Opportunities

Bell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or parental status.

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.