Average Commercial Underwriter salary in City of London

Job Title: Assistant Underwriter Department: Property Insurance Location: London Company Profile: Our client is one of the largest, independent Managing General Agent(MGA). Their flexible products and blend of traditional values with modern technology ensure a seamless experience that sets the benchmark for customer service in the industry. Purpose of Role/Job Overview: To provide efficient, timely and professional support to the brokers for New Business and general enquiriesMust have experience in Property for the SME package policies and at least 2 years’ experience in the SME package policies sector.To achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels.To positively reinforce and display the clients values and to actively drive the business forward in achieving its objectives. Key Accountabilities: Meeting and where possible, exceeding brokers service levels and expectations.Support wider teamIdentify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.Build and maintain strong relationships with key trading partners to maximize influence.Support the development and operation of sales campaigns to drive the acquisition of profitable business.Other Activities, Duties and ResponsibilitiesMaintain and develop market awareness.Maintain good working relationships with all internal departments.Maintain an open communication ethos with colleagues and managers.Demonstrate "model behaviours"Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.Contribute to wider business activities.Operate within individual underwriting authorities and guidelines. Knowledge: An understanding of the UK insurance marketA broad knowledge of SME Property owners and/or Commercial insuranceA thorough understanding of underwriting processes Skills/Abilities/ Competencies: Good communication and organizational skillsAbility to manage time effectively, set priorities and meet deadlinesAbility to learn and adapt to changeDesire/ability to work successfully in a small company environmentProven ability in developing key working relationships and business opportunitiesUnderstanding of good negotiation and decision- making skillsMarket knowledge of legal and regulatory requirements as well as technical proficiency on wordingsA strong level of numeracy, analytical and literacy skillsStrong organizational and prioritization skillsThe ability to influence actions and attitudes of others through leading by exampleAn understanding of the UK insurance marketA broad knowledge of SME Property owners and/or Commercial insuranceA thorough understanding of underwriting processesMinimum of 2 years relevant experience in the insurance industryA minimum of five GCSE’s (A*-C grades, to include Maths and English) or equivalentCERT CII, DIP CII or equivalent Personal Attributes A friendly professional demeanor and ability to excel in a team-oriented environmentNatural at giving direction to and mentoring less experienced colleaguesDriven to go 'above and beyond’ to provide bestin class service to insurer and broker partners Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. A copy of our D&I policy can be made available upon request.

Credit Underwriter - Asset Finance London To £75,000 plus bonus and benefits Our client is a successful, well established and substantially backed asset finance company. As they continue to enjoy sustained growth they are looking for anAsset Finance Credit Underwriter to underwrite structured finance deals. The successful candidate will evaluate, analyse and approve credit proposals and revisions. You will maintain the portfolio by retaining a consistent level of credit risk assessment and ensure all credit risk policies and procedures are adhered to. Deal sizes will be up to £5m. A background in Asset Finance, Commercial Banking or business lending credit risk experience is essential. In the first instance please send your CV in confidence

Senior Underwriter We are delighted to be working with a successful global Insurer who are looking to add to their established Real Estate Underwriting Team in London. They are looking for an experienced Real Estate Underwriter to join the regional trading team in the South based from London team as a Senior Underwriter. As a Senior Underwriter you will be: Utilising your knowledge and experience to underwrite new business opportunities aswell as retain existing clients in line with company underwriting strategyBeing the main point of contact for delegated authority cover holders with a solutions focussed approach to referralsBuilding and maintaining strong trading relationships with strategic partners to identify and convert opportunitiesWork closely with regional management to support the regional plan and have active involvement in creating and developing plans for the futureUsing your technical knowledge in the Real Estate Underwriting sector to enhance and develop the company proposition to market As a Senior Underwriter you will have: Detailed knowledge of the Real Estate broker marketAbility to negotiate and influence through effective trading skillsExcellent communication skills with the ability to positively influence key stakeholders and promote the wider propositionProactivity, innovation and drive; taking the lead & adapting to change positively with a can-do attitudeWillingness to provide help, support & to work cooperatively with othersStrong customer service skills, continuously and proactively looking to improve the quality of service provided to all customersExtensive experience in underwriting and trading complex real estate delegated authorityConfident decision-making skills, bringing a strong and decisive approach to underwriting commercial risks As a Senior Underwriter you will get: Salary circa £55,00036.25 working hours per week with flexitime, (along with a range of flexible working options)Annual pay review and performance related bonus25 days holiday + bank holidays, with the option to buy/sell holidaysContinued professional development through internal training programmes, professional qualifications and apprenticeshipsA wealth of support for your mental, financial & physical wellbeingA range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insuranceTusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.Generous pension scheme with a 7.5% minimum employer pension contribution, matched  to maximum of 9% dependant on your contribution