Job Title: Development Underwriter Location: Remote Salary Range: £50,000 - £55,000
Overview:
An opportunity for an experienced commercial SME underwriter to combine technical underwriting with broker development. The role focuses on identifying and underwriting profitable risks while building strong relationships with a panel of brokers. You will drive new business enquiries, improve retention and identify opportunities to develop products and grow the portfolio.
Key Responsibilities:
- Assess and underwrite new and renewal business, making prompt, informed decisions within your underwriting authority.
- Contribute to profitable portfolio growth and the achievement of gross written premium and commission income targets.
- Manage new business submissions, renewals and general enquiries efficiently, providing a responsive service to brokers.
- Build and maintain strong broker relationships, increasing engagement, enquiry levels and retention.
- Identify opportunities for profitable growth, address barriers to development and gather broker feedback on potential products, covers and sectors.
- Review broker panel performance using management information and discuss findings with brokers to support account development.
- Negotiate effectively with brokers, balancing commercial opportunities with underwriting discipline.
- Maintain accurate records, correspondence and underwriting files, following relevant compliance procedures, including those relating to potential errors and omissions.
- Work collaboratively with colleagues to improve service, share knowledge and support business objectives.
What We're Looking For:
- Detailed knowledge of the commercial SME insurance market.
- Relevant class-specific underwriting experience and sound technical judgement.
- Proven sales or development experience, with the ability to build productive broker relationships.
- Strong communication, interpersonal, negotiation and influencing skills.
- A commercial mindset, with the drive to achieve agreed targets and deliver profitable growth.
- The ability to make timely decisions and respond proactively to business opportunities.
- A good understanding of FCA regulation and guidelines relating to commercial customers.
- Strong planning and organisational skills, with attention to data accuracy and record keeping.
- Confidence using underwriting systems and management information to support decisions.
- A collaborative approach and a strong focus on customer service.
Desirable but Not Essential:
- No additional desirable criteria specified.
About the Company:
An established underwriting business operating within a large international MGA platform. The business places strong emphasis on long-term broker relationships, technical expertise and profitable growth. Its collaborative, inclusive culture and flat organisational structure support professional development, knowledge sharing and individual contribution.
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Development Underwriter employer: ACINRecruit
As a Senior Financial Planning & Analysis Analyst at our London-based firm, you will thrive in a dynamic and collaborative environment that prioritises professional growth and development. We offer a competitive salary, flexible hybrid working arrangements, and a strong commitment to modernising financial processes, ensuring you have the tools and support needed to make a meaningful impact on our transformation journey.
