Average Underwriting Manager salary in London

Job Title: Buy-to-Let UnderwriterLocation: London Hybrid 2 days WFHSalary: Up to £55,000Working Hours: Monday to Friday 9 am to 5.30 pmBenefits: 25 Days Holiday + Bank/Public holidaysPension schemePrivate healthcareDiscretionary BonusOther flexible benefitsAbout the role of Underwriter:Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You'll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you'll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.Responsibilities required for the role of Underwriter:Ensure all new lending proposals are underwritten in accordance with the Company's Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatoriesProvide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parametersPrepare and present Credit Papers to the Credit Committee for high-value transactionsReview, assess and appraise both short- and long-form valuation reportsLiaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for declineWork closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately appliedExperience required for the role of Underwriter:A min of a year's experience in a Buy to Let Mortgage Underwriting role.Held a mandate for £350K +Experience of presenting proposals to senior signatoriesKnowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemesPragmatic approach to lendingFor more information regarding the role of Buy-to-Let 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.

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.

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.