Average Development Underwriter salary in London

Commercial Underwriter Purpose of Role/Job Overview: Commercial Combined/SME Underwriter business on a presentation basis Underwriting a high volume of Commerical Combined / SME enquiries, average premium is circa £3,000 with a potential to write up to a premium of £100,000. As a Commercial Underwriter, you will possess the ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings. Once trained it is expected that the position of Commercial Underwriter will be fairly autonomous, working to achieve personal underwriting targets. Commercial Underwriter Requirements: Must have a Minimum of 3 years’ Commercial Undewriting experience. Preferable Cert CII or part qualified. As a Commecial Underwriter, you must have experience of determining policy terms and calculate premiums in line with both in-house authority limits and insurer binding authority agreements. Demonstrate your contribution to loss ratio control by effectively adhering to Company's underwriting controls. To positively reinforce and display company values and to actively drive the business forward in achieving its objectives. Experience in writing high risk and hard to place business is desired but not necessary. Existing broker relationships that would support in this role is desired, but again not necessary. Commercial Underwriter Key Accountabilities Meeting and where possible, exceeding brokers service levels and expectations. Identifies 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 Responsibilities for Commerical / SME Underwriter: Maintain 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. 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.

Purpose of Role/Job Overview Construction / Liability Underwriter writing wages and turnover business on a presentation basis Underwriting a high volume of wages and turnover business, average premium is circa £3,000 with a potential to write up to a premium of £100,000 Ability to interpret policy / endorsement wordings and have experience in writing own or modifying existing wordings Once trained it is expected that the individual will be autonomous, working to achieve personal new business targets Minimum of 3 years’ experience in a construction / liability underwriting role Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements Cert CII qualified Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls. To positively reinforce and display values and to actively drive the business forward in achieving its objectives. Experience in writing high risk and hard to place business is desired but not necessary Existing broker relationships that would support in this role is desired, but again not necessary Key Accountabilities Meeting and where possible, exceeding brokers service levels and expectations. Identifies 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 Responsibilities Maintain 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.

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.