Underwriter - UK Property

New Vacancy - Underwriter - UK Property Insurer City of London I am currently partnered with a leading London Market Insurer who are seeking a Property Underwriter to join their growing team. You will be Underwriting new and existing Property risks across the UK from a London Market view, on a direct and facultative basis. The successful candidate will have 6+ years market experience, and either be a experienced AU, or current Underwriter looking for a new challenge. Experience across UK Property, Real Estate and Property Owners is required. Key Responsibilities Deliver the underwriting strategy for the Property portfolio, supporting profitable growth in line with business objectives and underwriting appetite. Underwrite new and renewal business within delegated authority, applying sound technical judgement and strong commercial acumen. Assess complex risks by reviewing applications, financial information and supporting documentation to determine acceptability in line with underwriting guidelines and standards. Recommend appropriate pricing, terms, conditions and coverage enhancements based on detailed technical analysis and prevailing market conditions. Build, develop and maintain strong trading relationships with key brokers, acting as a trusted underwriting partner and identifying opportunities for profitable growth. Proactively develop new business opportunities while strengthening and expanding existing broker relationships across the market. Work collaboratively with the Senior Underwriting Leadership Team to deliver underwriting strategy and achieve portfolio objectives. Prepare quotations and respond to technical underwriting enquiries from brokers, internal stakeholders and business partners, escalating matters where appropriate. Clearly communicate underwriting decisions, including referrals, underwriting requirements, rate negotiations and declinatures, ensuring brokers understand the commercial rationale behind decisions. Monitor portfolio performance through analysis of quality, rate adequacy, exposure and profitability, providing insight and recommendations to support portfolio optimisation. Contribute to the ongoing development of underwriting appetite, products and trading strategy through technical expertise, market knowledge and underwriting insight. Represent the organisation within the broker community through regular broker meetings, market visits and industry networking events, promoting the company's proposition and values. Maintain a strong understanding of market trends, competitor activity, regulatory developments and emerging risks. Ensure all underwriting activity complies with regulatory, legal and governance requirements, as well as relevant policies and underwriting controls. Work closely with senior colleagues on risks exceeding delegated authority or requiring specialist technical input. Develop proficiency across all relevant underwriting systems and contribute to continuous improvement initiatives where appropriate. Undertake additional responsibilities and projects as required.

Required Skills and Qualifications

Ideally a minimum of 6+ years' commercial underwriting experience within the UK and/or London Market. Broad industry experience across Large Commercial Property, Real Estate Property Owners and P&C Mid-Market business would be advantageous. Strong technical underwriting expertise, with the ability to assess, structure and negotiate complex commercial risks. Proven experience managing and developing a profitable portfolio of business. Established broker relationships, with a demonstrable ability to build, influence and grow strong trading partnerships. Strong commercial awareness and an in-depth understanding of the UK insurance market. Experience contributing to and delivering underwriting strategy and portfolio development. Excellent negotiation, influencing and relationship management skills. Strong analytical, problem-solving and decision-making capabilities. Sound financial and commercial acumen, with a disciplined approach to underwriting profitability. Excellent written and verbal communication skills, with the ability to engage effectively with internal and external stakeholders. Ability to work independently while contributing positively to a collaborative underwriting environment. Strong organisational skills, with the ability to manage multiple priorities effectively. Proficiency in Microsoft Office applications and relevant underwriting systems. ACII qualified, or actively working towards qualification, with a commitment to continuous professional development and ongoing technical learning.

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