1,469 Underwriter jobs in the United Kingdom

• Review and analyse insurance proposals to assess risk exposure.
• Determine eligibility for coverage and set appropriate terms, conditions, and premium rates.
• Utilise underwriting guidelines, data analytics, and actuarial information to make informed decisions.
• Communicate with insurance brokers and agents to gather necessary information and clarify details.
• Maintain accurate records of underwriting decisions and policy information.
• Stay up-to-date with industry trends, market developments, and regulatory changes.
• Identify opportunities to improve underwriting processes and profitability.
• Collaborate with claims departments to understand loss trends and their impact on underwriting.
• Develop and maintain strong relationships with key brokers and partners.
• Provide technical guidance and support to less experienced underwriters.
• Prepare reports on underwriting performance and portfolio analysis.
• Ensure compliance with all relevant legal and regulatory requirements.

• Assess and evaluate insurance risks for new and existing policies.
• Analyse applicant information, financial data, and other relevant factors.
• Determine appropriate premium rates and policy terms.
• Make informed decisions on accepting, declining, or modifying risks.
• Develop and implement underwriting guidelines and procedures.
• Liaise with brokers, agents, and clients to gather information and provide guidance.
• Monitor the performance of underwriting portfolios.
• Stay current with insurance industry trends, regulations, and best practices.
• Contribute to product development and strategy.
• Ensure compliance with all relevant regulations and company policies.

• Proven experience as an Insurance Underwriter.
• In-depth knowledge of insurance products, risk assessment, and pricing.
• Strong analytical, quantitative, and decision-making skills.
• Excellent attention to detail and accuracy.
• Good communication and interpersonal abilities.
• Understanding of relevant legal and regulatory frameworks.
• Ability to work independently and collaboratively in a hybrid environment.
• Relevant professional qualifications (e.g., ACII) are highly desirable.

• Review and evaluate insurance applications to assess risks and determine insurability.
• Analyse financial data, historical loss records, and other relevant information to make informed underwriting decisions.
• Determine appropriate premium rates, policy terms, and conditions based on risk assessment.
• Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
• Communicate effectively with brokers, agents, and clients to gather necessary information and explain underwriting decisions.
• Maintain accurate and detailed records of underwriting activities and decisions.
• Monitor the performance of the underwritten portfolio and identify potential areas of concern.
• Develop and maintain strong relationships with internal and external stakeholders.
• Stay updated on industry trends, market conditions, and emerging risks.
• Contribute to the development and refinement of underwriting guidelines and strategies.

• Bachelor's degree in Finance, Economics, Business, or a related field.
• Minimum of 3 years of experience in insurance underwriting, with a focus on specific lines of business (e.g., Commercial Property, Liability, Personal Lines).
• Solid understanding of insurance products, risk assessment methodologies, and underwriting principles.
• Strong analytical and quantitative skills with the ability to interpret complex data.
• Excellent decision-making abilities and attention to detail.
• Effective communication and interpersonal skills, both written and verbal.
• Proficiency in using underwriting software and Microsoft Office Suite.
• Ability to work collaboratively within a team environment.
• Professional certifications (e.g., CII) are a strong advantage.
• Commitment to upholding ethical standards and best practices in underwriting.

• Analyze insurance applications and assess risk exposure based on established guidelines and data.
• Determine the eligibility of applicants and the terms and conditions of insurance policies.
• Calculate and set premium rates, ensuring profitability and competitiveness.
• Review policy renewals and make decisions on continuation or modification.
• Communicate underwriting decisions and rationale clearly to brokers and agents.
• Liaise with claims departments to gather information and assess potential loss impacts.
• Stay updated on industry trends, regulatory changes, and market conditions.
• Develop and maintain strong relationships with external partners, such as brokers and agents.
• Identify opportunities for new product development or refinement based on market insights.
• Ensure compliance with all company policies, procedures, and regulatory requirements.
• Contribute to the development and improvement of underwriting guidelines and tools.
• Manage a designated portfolio of risks efficiently and effectively.
• Prepare reports on underwriting performance and portfolio analysis.

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Proven experience as an Insurance Underwriter, with a strong understanding of underwriting principles and practices.
• Knowledge of various insurance lines (e.g., property, casualty, life, health).
• Excellent analytical, quantitative, and problem-solving skills.
• Strong decision-making abilities with a keen eye for detail.
• Proficiency in underwriting software and standard office applications.
• Effective communication, negotiation, and interpersonal skills.
• Ability to work independently and manage workload effectively.
• Professional qualifications in insurance (e.g., CII) are highly desirable.
• A commitment to ethical conduct and customer service.
• Adaptability to changing market dynamics and business needs.

• Review and analyze insurance applications to assess risk exposure accurately.
• Determine appropriate policy terms, conditions, pricing, and coverage limits based on risk assessment.
• Develop and maintain strong relationships with brokers and agents.
• Communicate underwriting decisions and rationale clearly and professionally.
• Ensure compliance with regulatory requirements and company underwriting guidelines.
• Monitor market trends and competitor activities to inform underwriting strategies.
• Identify and assess potential fraud indicators within applications.
• Collaborate with claims departments to share risk information and insights.
• Contribute to the development and refinement of underwriting policies and procedures.
• Assist in training junior underwriters and provide guidance on complex cases.
• Utilize underwriting systems and software effectively.
• Analyze portfolio performance and provide insights for management.
• Negotiate terms and conditions with clients or intermediaries where appropriate.
• Stay updated on changes in legislation and industry best practices.
• Contribute to the overall success and profitability of the insurance portfolio.

• Proven experience as an Insurance Underwriter, preferably within (Specific Insurance Line, e.g., Commercial Property, Liability, Motor).
• Strong understanding of insurance principles, risk assessment, and financial analysis.
• Excellent analytical, decision-making, and problem-solving skills.
• Proficiency in using underwriting software and relevant IT systems.
• Strong communication, negotiation, and interpersonal skills.
• Ability to work independently and as part of a team.
• Relevant professional qualifications (e.g., CII) are highly desirable.
• A degree in Finance, Business, Law, or a related field is advantageous.
• Attention to detail and a high degree of accuracy.
• Ability to manage a diverse workload and meet deadlines.

• Assessing and underwriting new insurance proposals across various lines of business.
• Evaluating risks associated with insurance applications and determining appropriate terms, conditions, and pricing.
• Negotiating terms with brokers and clients to secure profitable business.
• Monitoring the performance of the underwriting portfolio and identifying potential risks or opportunities.
• Developing and implementing underwriting guidelines and best practices.
• Collaborating with claims and actuarial departments to ensure accurate risk assessment.
• Providing technical guidance and support to junior underwriters and support staff.
• Ensuring compliance with all relevant regulations and internal policies.
• Contributing to the development of new insurance products and services.

• Assess insurance applications and evaluate risks to determine insurability.
• Set appropriate premium rates and policy terms based on risk assessment.
• Approve or decline insurance applications in line with underwriting guidelines.
• Maintain strong relationships with brokers and agents to solicit new business.
• Monitor market trends and competitor activities to inform underwriting decisions.
• Review and analyze policy performance and make recommendations for adjustments.
• Ensure compliance with regulatory requirements and company policies.
• Collaborate with claims teams to understand loss trends and their impact on underwriting.
• Provide expert advice on insurance products and underwriting practices.
• Contribute to the development and refinement of underwriting tools and processes.
• Mentor junior underwriters and share expertise.

• Proven experience as an Insurance Underwriter, with a strong understanding of the insurance market.
• Excellent analytical and decision-making skills.
• In-depth knowledge of insurance products, regulations, and underwriting principles.
• Strong communication and negotiation skills.
• Ability to build and maintain effective relationships with stakeholders.
• Relevant professional qualifications (e.g., CII) are highly desirable.
• Bachelor's degree in Business, Finance, or a related field is preferred.
• Familiarity with underwriting software and systems.

About us

Avencia are partnered with a leading insurer who are looking to recruit a New Business Underwriter. They are open to location, as the team is mostly remote with occasional office visits required.

The role is based within their Care Sales team, focusing on a broad spectrum of Care and Social Welfare policies. It's an excellent opportunity to join a successful national team.

Responsibilities

• Apply and promote knowledge of company guidelines and authority levels to meet business targets.
• Deliver excellent service to brokers, ensuring deadlines are achieved.
• Underwrite varied risks within set authority.
• Contribute to underwriting meetings with insights on developments, trends and market conditions.
• Build and maintain strong relationships across the wider business.

Skills & experience

• Proven underwriting experience (ideally social welfare/care risks; commercial insurance considered).
• Strong written and verbal communication skills.
• High accuracy and attention to detail.
• Successful track record of developing broker relationships.
• Proficient in IT, including MS Office and broker e-trading platforms.
• Ability to win business while upholding underwriting discipline.

Benefits

• 25 days holiday plus Bank Holidays, with options to buy or sell extra leave.
• Excellent benefits including pension, private medical and dental cover, life assurance, travel insurance, income protection, and season ticket loan.
• Ongoing opportunities for learning, career development, and full support to help you grow.

About us

Avencia are partnered with a leading insurer who are looking to recruit a New Business Underwriter. They are open to location, as the team is mostly remote with occasional office visits required.

The role is based within their Care Sales team, focusing on a broad spectrum of Care and Social Welfare policies. It's an excellent opportunity to join a successful national team.

Responsibilities

• Apply and promote knowledge of company guidelines and authority levels to meet business targets.
• Deliver excellent service to brokers, ensuring deadlines are achieved.
• Underwrite varied risks within set authority.
• Contribute to underwriting meetings with insights on developments, trends and market conditions.
• Build and maintain strong relationships across the wider business.

Skills & experience

• Proven underwriting experience (ideally social welfare/care risks; commercial insurance considered).
• Strong written and verbal communication skills.
• High accuracy and attention to detail.
• Successful track record of developing broker relationships.
• Proficient in IT, including MS Office and broker e-trading platforms.
• Ability to win business while upholding underwriting discipline.

Benefits

• 25 days holiday plus Bank Holidays, with options to buy or sell extra leave.
• Excellent benefits including pension, private medical and dental cover, life assurance, travel insurance, income protection, and season ticket loan.
• Ongoing opportunities for learning, career development, and full support to help you grow.