Underwriter - Property

Job Description

Underwriter, Property 

Reporting to: Lead Underwriter, Property 

Location: London 

Salary: to £60,000 + Benefits Package 



We are looking for a Property Underwriter, where the focus will be Direct & Facultative (D&F) International or North American business.

Lloyds experience is preferable but our client are happy to consider company market.

As well as experienced Underwriters, this role could also potentially suite an ambitious person ready to step up from an Assistant Underwriting role. 


This role offers the opportunity to become a key member of a high-paced underwriting team within an exciting P&C operation.

Applicants should possess a highly detailed and analytical underwriting approach, strong relationship management and sales skills, organised, and possess the ability to think ahead and use initiative. You will be experienced in developing business and relationships with senior brokers/clients and be comfortable taking ownership of relationships. 

Key Responsibilities:

Work closely with the Lead Underwriter to deliver the underwriting strategy for your class of business.

Underwrite all elements of the Property portfolio.

Drive underwriting excellence across the Property book by ensuring adherence to risk appetite, lines setting, standards and guidelines, rating and pricing adequacy.

Ensure high quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.

Assist with the development of the pricing models to support the underwriting/pricing of the portfolio

Lead and develop close relationships with partner brokers.

Own the development of underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.

Develop business development initiatives to grow the portfolio profitably, where desired.

Provide a compelling and knowledgeable service offering to brokers and clients, making our client a go-to Market for Property business.

Help more junior members of the team to develop and hone their industry knowledge and underwriting acumen.

Take responsibility for improving underwriting efficiency, particularly in terms of digitising placement process for homogenous risk groups. 

Qualifications, Skills and Experience:

A proven track record of strong underwriting performance.

An excellent Market reputation across Property.

An insatiable appetite to increase the profitability of the portfolio.

Excellent communication skills, and the ability to deal comfortably with different types of people at all levels of seniority.

Demonstrable experience of managing risks appropriately, applying judgement and being prepared to own and take responsibility for their decisions.

Excellent Broker and Client relationships and the ability to develop business from a variety of sources.

Experience in the use (and ideally the development) of online trading portals and/or other automated placement systems.