62 Underwriter jobs in London

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• Analyzing financial statements, loss history, and other relevant data to assess risk exposure.
• Developing and implementing effective underwriting guidelines and policies.
• Collaborating with brokers and agents to build strong relationships and understand client needs.
• Pricing policies accurately to ensure competitiveness and profitability.
• Monitoring market trends and competitor activities to adapt underwriting strategies.
• Mentoring and guiding junior underwriters, fostering a culture of continuous learning and improvement.
• Ensuring compliance with regulatory requirements and company standards.
• Contributing to the development of new insurance products and services.

• Developing and maintaining strong relationships with brokers and clients, providing expert advice and solutions.
• Collaborating with claims, actuarial, and legal departments to ensure comprehensive risk management strategies.
• Mentoring and guiding junior underwriters, fostering a culture of continuous learning and professional development.
• Staying abreast of industry developments, emerging risks, and regulatory changes to adapt underwriting strategies accordingly.
• Contributing to the development and refinement of underwriting guidelines and policies.
• Utilizing advanced analytical tools and data modelling to assess risk profiles and predict potential losses.
• Presenting complex underwriting findings and recommendations to senior management and stakeholders.

• Evaluating complex insurance risks and determining appropriate coverage and pricing.
• Developing and implementing underwriting policies and guidelines.
• Managing a portfolio of commercial insurance business to ensure profitability.
• Leading, mentoring, and developing a team of insurance underwriters.
• Building and maintaining strong relationships with brokers and clients.
• Analyzing market trends and competitor activities to inform underwriting strategies.
• Ensuring compliance with regulatory requirements and company standards.
• Contributing to the development of new insurance products and services.
• Collaborating with claims and actuarial departments to manage risk effectively.

• Analyze and underwrite complex insurance proposals, including property, casualty, and specialty lines, evaluating potential risks and exposures.
• Determine appropriate policy terms, conditions, pricing, and limits based on thorough risk assessment and market analysis.
• Develop and maintain strong relationships with brokers, agents, and clients, providing expert advice and support.
• Collaborate with claims departments to understand loss trends and their impact on underwriting practices.
• Stay abreast of industry developments, regulatory changes, and emerging risks to inform underwriting decisions.
• Contribute to the development and implementation of underwriting guidelines and best practices.
• Mentor and guide junior underwriters, fostering a culture of continuous learning and professional development.
• Prepare detailed reports and presentations on underwriting performance and market insights.
• Ensure all underwriting activities adhere to legal and ethical standards.

• A minimum of 5 years of progressive experience in insurance underwriting, with a proven track record in risk assessment and pricing.
• Strong understanding of insurance principles, products, and market dynamics across multiple lines of business.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in underwriting software and data analysis tools.
• Exceptional communication, negotiation, and interpersonal skills, with the ability to build rapport with diverse stakeholders.
• Relevant professional qualifications (e.g., ACII, CIP) are highly desirable.
• Bachelor's degree in Finance, Business, Risk Management, or a related field.

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.

BTL Underwriter
Our London client in the Banking sector is seeking a BTL Underwriter to join the team as soon as possible on 12 month FTC basis with a salary of 48,000 on offer. This role comes with a great perks package including generous holiday.

What does the role entail?
Working as a BTL Underwriter your main job role will be the underwriting of credit proposals, primarily of Buy to Let. You will Manage the review, assessment, investigation, and minimising of credit risks associated with loan applications in accordance with the Banks operating policies and procedures. You will also ensure the credit decisions are made within regulatory standards, credit policy and adhere to TCF principles and Customer First principles.

What skills will you have?
The ideal candidate for BTL Underwriter position will have good communication skills, both verbal and written, knowledge of Microsoft Office products, knowledge of UK regulatory framework, principles, and rules, knowledge of UK lending environment as well as having relevant experience in underwriting or assessing credit proposals in BTL.

What is on offer?
This 12 month FTC position as a BTL Underwriter, is the opportunity to join a supportive but hardworking team. The salary on offer is 48,000 per annum. A great incentive package is also available.

How to apply?
To be considered for this BTL Underwriter position please click apply now.

Experienced Regulated Bridging Underwriter

London City, Fully Office-Based

Working for a specialist Lender 

Comprehensive salary and benefits package , including health insurance and retirement savings plan.

Opportunities for career advancement and professional growth within a dynamic and supportive work environment.

Access to ongoing training and development programs to enhance skills and knowledge.

About Us :

A leading property finance lender, specializing in bridging loans and auction finance. Proud to assist numerous property professionals, business owners, and individuals with their finance requirements. Reputation in the market excels for delivering fit-for-purpose short-term loans at speed, and our approach to lending is consistently recognized within the financial services industry.

About the role :

As a Regulated Bridging Underwriter with our company, you will play a pivotal role in evaluating and determining the feasibility of loan applications.

• Underwriting and assessing loan documentation, including valuation reports, to ensure accuracy and compliance with lending policies and regulations.
li>Conducting comprehensive checks on applicants and properties to assess their suitability for the applied loan, identifying any concerns or discrepancies.
• Proactively communicating with brokers and other stakeholders to obtain additional information as needed and provide timely updates on application status.
• Collaborating with introducers, valuers, and solicitors to facilitate the smooth progression of loan applications and address any issues or inquiries.
• Providing support and guidance to colleagues on matters related to underwriting and mortgage completion, fostering a collaborative and knowledge-sharing environment.
• Managing decisions on inquiries and new applications within agreed-upon time frames, prioritizing responsiveness and customer satisfaction.
• Contributing to the continual improvement of the company's lending proposition by identifying opportunities for enhancement and implementing innovative solutions

If you are a motivated and detail-oriented professional with a passion for delivering exceptional service and driving positive outcomes, we invite you to apply for the Bridging Underwriter position.