Average Property Underwriter salary in London

Property UnderwriterPurpose of Role/Job OverviewUnderwrite and price regional UK commercial property risks in line with underwriting guidelines, appetite, and delegated authority.Drive profitable growth through accurate underwriting of new business, renewals, and mid-term adjustments.Respond to broker enquiries received via online quote platforms, email, and direct submissions.Build and maintain strong broker relationships across regional UK markets, with existing broker contacts considered highly advantageous.Ensure underwriting decisions are technically sound, compliant with FCA regulations, and meet service level expectations.Contribute to product development and refinement based on broker feedback, market trends, and risk appetite.Collaborate with internal teams including operations, compliance, and sales to ensure smooth policy lifecycle management.Use data and reporting tools to monitor performance, identify trends, and support continuous improvement.Represent the brand positively through professional communication and a strong service ethic. 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 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.

UNDERWRITER - FINANCIAL LINES OR PROFESSIONAL RISKS SALARY NEGOTIABLE (up to Circa £150,000) LONDON BASED- FLEXIBLE HYBRID WORKINGTHE OPPORTUNITY: I am working with an innovative MGA seeking to expand their presence in international markets. Their entrepreneurial spirit and commitment to excellence have positioned us for significant growth, and we're looking for a key player to drive our expansion. They are seeking an experienced International Underwriter to join our team and lead our efforts in developing new business across global markets. This role offers substantial autonomy and the potential for significant reward for the right candidate. KEY RESPONSIBILITIESDevelop and execute underwriting strategies for international marketsIdentify, pursue, and secure new business opportunitiesManage and grow relationships with existing and prospective clientsAnalyse and price complex risks across various international jurisdictionsCollaborate with brokers and reinsurers to structure innovative solutionsContribute to the development of new products and expansion into new territoriesQUALIFICATIONS:Proven track record in international underwriting, In-depth knowledge of global insurance markets and regulatory environmentsStrong analytical skills and ability to assess complex risksExcellent relationship-building and negotiation skillsFluency in English; additional languages are a plusWHAT SETS YOU APART:An existing book of business that you can bring to the MGAA network of international contacts and potential clientsExperience in multiple lines of business or specialty risksEntrepreneurial mindset and ability to thrive in a dynamic environmentCOMPENSATION: Salary is highly negotiable and will be commensurate with experience, skills, and most importantly, your ability to contribute to our growth. We offer a competitive base salary, performance-based bonuses, and an attractive equity package for exceptional candidates who can demonstrate their value. TO APPLY: If you are a results-driven underwriter with a global perspective and the ability to bring new business to our firm, we want to hear from you. This role offers the unique opportunity to significantly impact our company's growth trajectory and be rewarded accordingly.Submit your CV today for immediate consideration.By sending an application or applying for a job, you consent to your personal data being processed and stored by Get Recruited (UK) Ltd in accordance with our Cookie & Privacy Policy (available in the footer on our website). Get Recruited (UK) Ltd acts as an employment agency for permanent recruitment and as an employment business for the supply of temporary workers. We are an equal opportunities employer and we never charge candidates a fee for our services.

We are delighted to be working with a highly successful MGA business who are now in control of over £100m GWP. They are looking for an Existing Business Trading Underwriter to work on a hybrid basis from their London office.The Role:To build and maintain effective broker relationships by offering a high level of customer service, trading and delivering renewals within SLA's.Work closely and effectively with your team and team manager, to create and develop the new London of Excellence.Review, trade and invite renewals for all products within our underwriting appetite and strategy adhering to the agreed service levels.Action any renewal queries, mid-term adjustments and cancellations for your brokers and clients.Work closely and effectively with your team to ensure that all work is completed within SLA's and maintain broker relationships by offering a high level of customer service.Answer phone calls in a professional and friendly manner to develop and maintain strong relationships with external and internal customers.Large case management for renewals over £5,000 and above.Act as a referral point for Underwriting Assistants within the Team, supporting development and training where appropriate.The Candidate:A minimum of 2 years Property & Casualty Underwriting experience within a commercial environment.Excellent relationship buildings skills and a friendly and approachable mannerAn ability to prioritise and ensure deadlines are met.Excellent communication and organisational skills.Proficient in Microsoft Office products.Strong problem solving ability with a solutions focused approach to Underwriting.The Reward:Salary up to £48,000 for the right candidate.Generous private health carePension schemeExtensive Company Benefits package