Average Assistant Underwriter salary in the UK

Job title: Underwriter Location: South Coast Salary: Up to £50,000 per annum (depending on experience) Hours: Monday to Friday, 9 am to 5:30 pm Benefits: 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 daysOption to buy/sell up to 3 days' holidayDeath in Service at 4 x salary (from day one of employment)5-year, 10-year and 15-year excellent service awardsCar parking (limited onsite or, if offsite, cost of parking refunded)Employee Assistance ProgrammeActive charity support (non-mandatory)Monthly mindfulness sessionsComplimentary Christmas/summer parties/Team evenings and social events Company BBQs on HQ sun terraceDaily fruit bowl, healthy snacks, and coffee machine/teaPaddleboards for free hire/Office table tennis.Workplace pension scheme About the Role of Underwriter: Looking to break into bridging underwriting? This is your chance. Join a fast-growing team based in the south coast and learn bridging and refurbishment lending on the job, even if your background is in detailed credit underwriting. This is an office-based role with the option to work one day from home per week after probation. Ideally, you'll have around 2 years' underwriting experience, strong commercial awareness, and excellent communication skills. Responsibilities for the position of Underwriter: Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.Ensure adherence to internal policies, underwriting standards, and AML requirements.Maintain accurate and timely records within internal systems, ensuring effective audit trails.Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management. Experience required for the position of Underwriter: Candidates should have a minimum of 2 years' experience underwriting credit or lending-related products, with a strong understanding of AML, KYC, and due diligence practices.You will need solid commercial acumen to assess deals beyond standard "tick-box" underwriting and be proficient in interpreting financial statements, credit reports, and legal documentation.We can also consider Case Managers from the specialist BTL or bridging sectors who have a good grasp of valuation reports and exit strategies. For more information regarding the role of Underwriter, please contact us. Stellar Select is acting as an employment agency and is a corporate member of the REC. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

Assistant Underwriter – US PropertySalary: Up to £75,000 (depending on experience)Location: London (Hybrid – 3 days in the office, 2 from home)About the CompanyOur client is a specialist, fast-growing insurance brokerage and underwriting business with an excellent reputation across the London market. Known for their technical expertise and entrepreneurial culture, they work closely with global partners to deliver bespoke insurance solutions across multiple lines.Due to continued expansion, they are now looking for an experienced Assistant Underwriter with a background in US Property to join their highly skilled underwriting team.The RoleThis is an exciting opportunity for a technically strong insurance professional to take on a key role supporting the underwriting of US property risks. You’ll work alongside experienced underwriters, supporting both the analysis and execution of complex risks, while helping maintain strong broker relationships and ensuring operational excellence.The ideal candidate will already have experience working within the US property market (open market or binder business) and be eager to further develop their underwriting expertise in a collaborative, growth-focusedenvironment.Key ResponsibilitiesSupport underwriters in the review, analysis, and underwriting of US property accounts, ensuring adherence to risk appetite and underwriting guidelines.Prepare and manage documentation including slips, endorsements, and binders.Maintain accurate and up-to-date records in line with compliance and audit requirements.Liaise with brokers to gather risk information, respond to queries, and support the placement of business.Contribute to portfolio analysis, pricing, and renewal processes.Assist in the preparation of reports and presentations for internal and external stakeholders.Help identify opportunities to improve efficiency and strengthen client/broker relationships.About YouProven experience in an underwriting support or assistant underwriter role (essential).Strong understanding of the London insurance market, terminology, and processes.Excellent attention to detail and organisational skills.Strong communication skills, able to interact confidently with underwriters and brokers.Proactive, analytical, and eager to learn.Comfortable working in a hybrid environment (3 days in London office, 2 remote).What’s on OfferSalary up to £75,000, depending on experience.Hybrid working model (3 office days per week).Opportunity to work closely with highly experienced underwriters on a diverse portfolio of US property risks.Collaborative, ambitious, and professional working environment.Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role.Please note that our client is an equal opportunities Employer and adheres to all relevant legislation and offer services regardless of age, race, sex, disability, or religious belief.

Job title: Bridging Underwriter Location: Remote Salary: Up to £50,000 per annum (depending on experience) Hours: Monday to Friday, 9 am to 5:30 pm Benefits: 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 daysOption to buy/sell up to 3 days' holidayDeath in Service at 4 x salary (from day one of employment)5-year, 10-year and 15-year excellent service awardsCar parking (limited onsite or, if offsite, cost of parking refunded)Employee Assistance ProgrammeActive charity support (non-mandatory)Monthly mindfulness sessionsComplimentary Christmas/summer parties/Team evenings and social eventsCompany BBQs on HQ sun terraceDaily fruit bowl, healthy snacks, and coffee machine/teaPaddleboards for free hire/Office table tennis.Workplace pension scheme About the Role of Bridging Underwriter: As a Bridging and Refurbishment Underwriter, you will be responsible for assessing, structuring, and managing short-term property finance applications, underwriting bridging and refurbishment loans in line with the company's credit policy, lending criteria, and risk appetite. Candidates should have proven experience in bridging and/or refurbishment lending, with a minimum of two years' underwriting experience within specialist property finance preferred. Responsibilities for the position of Bridging Underwriter: Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.Ensure adherence to internal policies, underwriting standards, and AML requirements.Maintain accurate and timely records within internal systems, ensuring effective audit trails.Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management. Experience required for the position of Bridging Underwriter: Minimum of 2 years' experience underwriting short-term bridging loans and/or refurbishment finance.Strong understanding of property valuations, legal conveyancing, and development/refurbishment cost assessments.Good working knowledge of AML, KYC, and due diligence practices.Commercial acumen with the ability to assess deals beyond standard "tick-box" underwriting.Proficient in interpreting financial statements, credit reports, and legal documentation. For more information regarding the role of Bridging Underwriter, please contact us. Stellar Select is acting as an employment agency and is a corporate member of the REC. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.