18 Underwriting Manager jobs in London

**Who Are We?**
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
**Job Category**
Underwriting
**Target Openings**
1
**What Is the Opportunity?**
Business Insurance helps companies in the UK and Ireland identify, prepare for and mitigate risks by offering a broad array of industry-specific, combined property and casualty insurance solutions to customers. This includes SME solutions traded directly, Commercial Accounts traded via brokers, and Corporate Solutions to FTSE 350 Risk Managed companies.
The Underwriting Manager serves as a technical leader and subject matter expert, providing specialized underwriting guidance and technical oversight for the underwriting team. This role focuses on maintaining underwriting excellence, developing technical capabilities across the team, and serving as an escalation point for complex risk decisions while ensuring portfolio profitability and growth.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company's discretion.
**What Will You Do?**
+ Serve as the primary technical referral point for complex, unusual, or high-exposure risks, providing expert guidance on policy interpretation, coverage analysis, and risk assessment.
+ Manage and develop the profitability, growth, and retention of the Technology portfolio, analyse portfolio performance metrics with focus on technical risk quality, identifying trends in loss experience and recommending appropriate underwriting adjustments, monitoring aggregate exposures and recommending portfolio balancing strategies.
+ Ensure Practice adheres to Underwriting processes and guidelines through regular review of cases and underwriting, handling and communication.
+ Identifying any necessary corrective actions and providing feedback and coaching to support teams learning and development.
+ Coach, train and lead others by example to ensure the successful execution of the sector strategy, through a focus on Technical Underwriting Knowledge, Sector Underwriting Knowledge, Sales and Business Development Skills, a Portfolio Approach, Sector Immersion, Personal Profile and Networking
+ Analyse sector and product trends to develop and optimize our proposition and deliver the best customer outcomes.
+ Cultivate and maintain relationships with internal partners within the regions and across the enterprise to support the technical underwriting, profitability and growth of the portfolio.
+ Foster and maintain relationships with external partners to market and trade Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.
+ Must be able to travel to meetings.
+ Develop and execute individual and practice new business and retention plans that align with sector and regional plans to drive team success.
+ Perform other duties as assigned.
**What Will Our Ideal Candidate Have?**
+ A Levels or similar qualification
+ Knowledge: Expert knowledge of products, the regulatory environment, and the local insurance market.
+ Portfolio Management: Ability to execute strategic direction across assigned portfolio in partnership with leadership.
+ Analytical/Critical thinking: Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite.
+ Communication/Influence: Excellent communication skills with the ability to successfully negotiate in difficult situations with brokers.
+ Inclusion: Ability to work with and lead people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives.
+ Leadership: Experience coaching and mentoring others.
+ Industry / Competitor Analysis: Review competitor press releases and industry trade press for helpful insights, linking key themes together and identifying applicability to team strategies.
+ Project Management: Participate in and/or lead projects that involves complex analysis and implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products
**What is a Must Have?**
+ Advanced experience of underwriting, product knowledge, financial analysis, or risk assessment experience within the technology industry.
+ Thorough knowledge and expertise of sectors, brokers and competitors and customers in the technology industry.
+ Significant prior experience and track record of external development activity with brokers and insureds.
**What Is in It for You?**
+ **Private Medical Insuran** **ce:** On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
+ **Retirement:** Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
+ **Holiday Entitlement:** Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
+ **Wellness Programme:** The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
+ **Volunteer Encouragement:** We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
**Employment Practices**
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ( ) so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit .

Our client, a highly reputable and established insurance provider in the heart of London, England, UK , is seeking a seasoned Senior Underwriting Manager to lead their expert underwriting team. This pivotal role is responsible for setting underwriting strategy, ensuring profitable growth, and maintaining the highest standards of risk assessment and policy issuance. The ideal candidate will possess extensive experience in the insurance industry, with a deep understanding of various insurance products, market dynamics, and regulatory requirements. You will lead, mentor, and develop a team of skilled underwriters, fostering a culture of excellence and continuous improvement. Key responsibilities include developing and implementing underwriting guidelines, managing a portfolio of risks, and collaborating with actuarial, claims, and sales departments to achieve business objectives. The ability to analyse complex financial data, assess risk appetites, and make informed underwriting decisions is paramount. This position requires exceptional leadership, strong analytical skills, and a commitment to upholding the company's reputation for integrity and financial stability. You will be instrumental in identifying emerging risks and developing strategies to mitigate them. Responsibilities include:

• Developing and implementing underwriting policies, procedures, and guidelines.
• Managing a team of underwriters, providing leadership, training, and performance management.
• Overseeing the underwriting of complex risks and ensuring adherence to profitability targets.
• Analysing market trends and competitor activity to inform underwriting strategy.
• Collaborating with actuarial and claims departments to assess risk exposure and pricing strategies.
• Ensuring compliance with all relevant insurance regulations and legal requirements.
• Developing and maintaining strong relationships with brokers and agents.
• Reviewing and approving large or complex policy submissions.
• Contributing to product development and enhancement initiatives.
• Monitoring and reporting on underwriting performance and key risk indicators.

A Bachelor's degree in Finance, Economics, Business, or a related field is required. A minimum of 8 years of experience in insurance underwriting, with at least 4 years in a management or supervisory role, is essential. Professional qualifications such as ACII or equivalent are highly desirable. Strong analytical, decision-making, and leadership skills are a must.

Our client, a leading entity in the Insurance sector, is seeking an experienced Senior Underwriting Manager to join their team in London, England, UK . This hybrid role offers a dynamic blend of remote flexibility and in-office collaboration, allowing you to contribute significantly to our underwriting operations while maintaining a healthy work-life balance. The Senior Underwriting Manager will be responsible for overseeing complex underwriting processes, managing a team of underwriters, and developing strategic approaches to risk assessment and pricing. You will ensure that underwriting policies and procedures are effectively implemented and adhere to regulatory requirements. This position demands a deep understanding of insurance markets, risk management, and strong leadership capabilities to guide the team towards achieving business objectives and maintaining profitability. The role requires a keen analytical mind and the ability to make sound decisions based on comprehensive risk evaluations.

Key Responsibilities:

• Lead and manage a team of underwriters, providing guidance, training, and performance management.
• Develop and implement effective underwriting strategies and guidelines to manage risk exposure.
• Review and approve complex or high-value insurance applications, ensuring adherence to company policies.
• Analyze market trends, competitor activities, and regulatory changes to adapt underwriting strategies.
• Collaborate with sales, claims, and actuarial departments to optimize underwriting performance.
• Ensure the accurate and timely assessment of risks and the appropriate pricing of insurance policies.
• Monitor underwriting results and identify areas for improvement in profitability and efficiency.
• Contribute to the development and enhancement of underwriting systems and tools.
• Foster a culture of compliance and ethical conduct within the underwriting team.
• Prepare reports on underwriting performance for senior management.

Qualifications:

• Extensive experience in insurance underwriting, with significant experience in a management or leadership role.
• Deep knowledge of various insurance products, risk assessment methodologies, and regulatory frameworks.
• Proven ability to lead, motivate, and develop a team of professionals.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication, negotiation, and interpersonal skills.
• Experience with underwriting software and data analysis tools.
• Relevant professional qualifications (e.g., ACII, LDI) are highly desirable.
• Ability to work effectively in a hybrid work environment.
• Bachelor's degree in Business, Finance, Risk Management, or a related field.

Our client, a highly respected international insurance syndicate based in the heart of London, England, UK , is seeking an accomplished Senior Underwriting Manager. This vital hybrid role requires a strategic thinker with deep expertise in underwriting complex risks, ideally within the marine or specialty lines insurance sector. You will be responsible for leading a team of talented underwriters, developing underwriting strategies, and ensuring profitable growth for the syndicate. The ideal candidate will possess a strong analytical mind, excellent decision-making skills, and a comprehensive understanding of risk assessment, pricing, and portfolio management. This position offers a dynamic working environment where you can leverage your expertise to shape the future of our underwriting operations.

Key Responsibilities:

• Lead, mentor, and develop a team of underwriters, fostering a high-performance culture and ensuring adherence to underwriting guidelines.
• Develop and execute underwriting strategies that align with the syndicate's business objectives and risk appetite.
• Underwrite complex and high-value risks, making sound judgments on terms, conditions, and pricing.
• Monitor the performance of the underwriting portfolio, identifying trends, risks, and opportunities.
• Contribute to the development and refinement of underwriting policies, procedures, and systems.
• Collaborate with claims, actuarial, and other departments to ensure a holistic approach to risk management.
• Build and maintain strong relationships with brokers and clients, representing the syndicate professionally.
• Ensure compliance with regulatory requirements and internal governance standards.
• Analyze market conditions and competitor activities to inform underwriting strategy.
• Prepare reports and presentations for senior management on underwriting performance and strategic initiatives.

Qualifications:

• Significant experience (minimum 8 years) in underwriting, with a strong focus on specialty lines, preferably marine insurance.
• Proven track record of successful team leadership and management.
• In-depth knowledge of risk assessment, pricing methodologies, and portfolio management.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent decision-making abilities and a keen eye for detail.
• Exceptional communication, negotiation, and interpersonal skills.
• Relevant professional qualifications (e.g., ACII) are highly desirable.
• Ability to work effectively in a hybrid working model, balancing office-based and remote responsibilities.
• Understanding of the Lloyd's market or equivalent insurance exchange is a plus.

Our client, a prestigious insurance firm, is seeking an accomplished Senior Underwriting Manager to lead their high-performing team. This key on-site role is based in the heart of London, England, UK , and requires a strategic thinker with extensive experience in the insurance sector. You will be responsible for developing and implementing underwriting strategies, managing risk appetite, and ensuring profitable growth within your designated portfolio. This position involves significant leadership responsibilities, mentoring junior underwriters, and collaborating with various departments to achieve business objectives.
Key Responsibilities:

• Develop, implement, and refine underwriting policies and procedures to ensure profitability and risk management.
• Lead, mentor, and develop a team of underwriters, fostering a culture of excellence and continuous improvement.
• Set and manage underwriting guidelines, risk appetite, and pricing strategies for assigned product lines.
• Analyze market trends, competitor activities, and economic factors to inform underwriting decisions.
• Review complex or high-value risks, providing expert guidance and making final decisions.
• Collaborate with sales, claims, and actuarial teams to ensure cohesive business strategies.
• Monitor portfolio performance, identifying areas for improvement and implementing corrective actions.
• Ensure compliance with regulatory requirements and internal control standards.
• Contribute to the development of new insurance products and services.
• Represent the underwriting department in senior management meetings and external forums.

Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, or a related field. Advanced degree or relevant professional qualifications (e.g., ACII, FCII) are highly advantageous.
• Minimum of 10 years of progressive experience in insurance underwriting, with at least 5 years in a management or supervisory role.
• Deep understanding of insurance principles, risk assessment, and financial analysis.
• Proven track record of successfully managing an underwriting portfolio and driving profitable growth.
• Strong leadership, team management, and coaching skills.
• Excellent analytical, decision-making, and problem-solving abilities.
• Exceptional communication, negotiation, and interpersonal skills.
• Proficiency in underwriting systems and relevant software.
• Knowledge of regulatory requirements within the insurance industry.

This is a career-defining opportunity for an experienced underwriting professional to make a substantial impact within a leading insurance organization.

Our client, a leading global insurance provider, is seeking an experienced and results-oriented Senior Underwriting Manager to lead their established team in the heart of London, England, UK . This key role will be responsible for overseeing the underwriting operations, developing and implementing underwriting strategies, and ensuring profitable growth within designated lines of business. You will play a vital role in risk assessment, pricing, and portfolio management.

Key responsibilities include:

• Leading, mentoring, and developing a team of skilled underwriters.
• Developing and executing underwriting strategies and guidelines to achieve business objectives and maintain portfolio profitability.
• Reviewing and approving complex or high-value risks, ensuring appropriate pricing and terms and conditions.
• Monitoring market trends, competitor activities, and regulatory changes, and adapting underwriting strategies accordingly.
• Collaborating with the claims, actuarial, and sales departments to ensure a cohesive approach to risk management and business development.
• Identifying opportunities for new product development and process improvements within the underwriting function.
• Ensuring compliance with all relevant regulatory requirements and internal policies.
• Training and developing underwriting staff, fostering a culture of continuous learning and technical excellence.
• Analysing underwriting performance data and producing regular reports for senior management.
• Building and maintaining strong relationships with brokers and clients.
• Contributing to the overall strategic direction of the insurance division.

The ideal candidate will possess a strong background in insurance underwriting, with a minimum of 7 years of experience, including significant leadership or management experience. Professional qualifications such as ACII or equivalent are highly desirable. A deep understanding of risk management principles, financial analysis, and legal/regulatory frameworks within the insurance industry is essential. Excellent leadership, communication, analytical, and decision-making skills are required. You should be adept at strategic thinking and possess a proven ability to drive profitability and manage complex portfolios. This is an excellent opportunity to take on a leadership role within a prestigious insurance firm in a central London location.

Our client, a leading global insurer, is seeking an experienced and highly analytical Underwriting Manager to lead their complex risks division in **London, England, UK**. This pivotal role will involve overseeing a team of specialist underwriters, ensuring profitable growth by accurately assessing and pricing complex insurance risks. You will be instrumental in developing underwriting strategies, setting appetite, and managing the overall portfolio performance.

Key Responsibilities:

• Lead, mentor, and develop a team of experienced underwriters focused on complex and specialty lines of business.
• Develop and implement underwriting strategies, guidelines, and policies to align with the company's financial objectives and risk appetite.
• Analyze market trends, competitor activities, and emerging risks to identify new opportunities and potential threats.
• Set underwriting authorities and monitor compliance with established guidelines.
• Review and approve complex or high-value risks that fall outside standard underwriting parameters.
• Collaborate closely with the claims department, actuaries, and legal counsel to ensure a cohesive approach to risk management.
• Build and maintain strong relationships with key brokers and clients to foster business development and understand market needs.
• Prepare reports and presentations for senior management on portfolio performance, underwriting results, and strategic initiatives.
• Drive innovation in underwriting processes and tools to enhance efficiency and accuracy.
• Ensure adherence to regulatory requirements and internal compliance standards.

Qualifications:

• Extensive experience in underwriting, with a significant focus on complex commercial or specialty lines (e.g., Property, Liability, Marine, Energy).
• Proven track record of successful team leadership and development.
• Deep understanding of insurance principles, risk assessment, financial analysis, and regulatory frameworks.
• Strong negotiation and influencing skills, with the ability to build consensus among stakeholders.
• Excellent analytical and problem-solving abilities, with meticulous attention to detail.
• Demonstrated ability to develop and execute strategic business plans.
• Professional qualifications such as ACII or equivalent are highly desirable.
• Proficiency in underwriting software and data analysis tools.
• Bachelor's degree in Finance, Economics, Business, or a related field.
• Excellent communication and interpersonal skills, capable of engaging with diverse audiences.

This is an exciting opportunity to shape the future of complex risk underwriting within a prestigious organization. You will have the autonomy to influence strategy and drive profitable outcomes in a challenging and rewarding environment. The successful candidate will be based in **London, England, UK**, with a hybrid working model.

Our client, a leading provider of specialty insurance solutions, is seeking a talented and experienced Remote Insurance Underwriting Manager to lead their dynamic underwriting team. This is a fully remote position, offering the flexibility to work from anywhere within the UK. You will be responsible for overseeing the underwriting operations, setting strategic direction, and ensuring profitable growth across a diverse portfolio of insurance products. Your role will involve developing and implementing underwriting policies and procedures, managing risk appetite, and fostering strong relationships with brokers and partners. The ideal candidate will possess a deep understanding of insurance markets, risk assessment methodologies, and regulatory requirements. You will lead, mentor, and develop a team of underwriters, driving performance, and ensuring high standards of service delivery. Key responsibilities include analyzing underwriting performance data, identifying trends, and recommending strategies for improvement. You will also play a vital role in product development and innovation, ensuring our client remains competitive in a rapidly evolving market. This position requires exceptional leadership, analytical, and communication skills, with a proven ability to make sound underwriting decisions in a remote setting.
Qualifications:

• Extensive experience in insurance underwriting, with a minimum of 8 years in a management or senior leadership role.
• Proven expertise in commercial lines or specialty insurance products.
• Strong understanding of risk management, financial analysis, and regulatory compliance.
• Demonstrated ability to lead and motivate remote teams effectively.
• Excellent analytical and decision-making skills, with a keen eye for detail.
• Exceptional communication and negotiation skills.
• Chartered Insurance Institute (CII) qualifications or equivalent are highly desirable.
• Ability to work independently and manage time effectively in a remote work environment.
• A dedicated home office setup with reliable high-speed internet access.

Our client, a highly reputable international insurer with a commitment to innovation and client satisfaction, is seeking an experienced Senior Underwriting Manager to join their distinguished team in a fully remote capacity. This pivotal role is central to the company's strategic growth and risk management objectives. You will be responsible for leading and developing a team of underwriters, overseeing the underwriting process for complex risks, and ensuring the profitable growth of the portfolio. This is a remote-first position, offering unparalleled flexibility and the chance to influence underwriting strategy from anywhere.

Key Responsibilities:

• Lead, mentor, and develop a team of professional underwriters, setting performance goals and conducting regular reviews.
• Oversee the underwriting of complex and high-value risks across multiple lines of business.
• Develop and implement underwriting strategies, policies, and guidelines to ensure profitable growth and portfolio balance.
• Analyze market trends, competitor activities, and emerging risks to inform underwriting decisions.
• Build and maintain strong relationships with brokers and clients, acting as a key point of contact for major accounts.
• Ensure compliance with regulatory requirements and internal control standards.
• Monitor underwriting performance metrics, identifying areas for improvement and implementing corrective actions.
• Contribute to product development and pricing strategies.
• Foster a culture of continuous learning and professional development within the underwriting team.
• Represent the company at industry events and forums.

The ideal candidate will possess extensive experience in insurance underwriting, with a strong track record in managing underwriting teams and portfolios. A deep understanding of risk assessment, pricing methodologies, and regulatory frameworks within the insurance industry is essential. Excellent leadership, communication, and negotiation skills are required. The ability to analyze complex data, make sound judgments, and drive business results is paramount. Professional qualifications such as ACII or equivalent are highly regarded. This is an exceptional remote opportunity for a seasoned insurance professional looking to take on greater responsibility and impact within a globally recognized organization. While the role is fully remote, our client's primary operations are in London, England, UK .