Portfolio Underwriter
Portfolio Underwriter

Portfolio Underwriter

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Atrium

At a Glance

  • Tasks: Analyse and optimise portfolio performance while developing underwriting strategies.
  • Company: Join Atrium, a historic insurer with a client-first approach and a collaborative culture.
  • Benefits: Flexible working arrangements, commitment to diversity, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry with a respected team and innovative strategies.
  • Qualifications: Experience in underwriting, strong analytical skills, and excellent communication abilities.
  • Other info: Dynamic environment with a focus on learning and career development.

The predicted salary is between 36000 - 60000 £ per year.

In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach. We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.

We’re all in it together at Atrium. We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.

We have a fantastic opportunity for an experienced Portfolio Underwriter to take ownership of the performance and profitability of key commercial products and portfolios.

Role
  • Analyse and review portfolio performance to ensure optimisation, resilience and profitable outcomes through the cycle.
  • Define, develop, and deliver the underwriting strategy for the cross-class portfolios, ensuring that the annual business plan is written profitably and within all agreed risk constraints/aggregate budgets, with a view to long term expansion of the portfolio and proposition.
  • Bring an understanding of the Lloyd’s and global market.
  • Continually monitor risk appetite patterns to drive the team’s portfolio strategy, maintaining profitability targets.
  • Hold strong senior market relationships to enable the development of a profitable portfolio and continue to build new global relationships to access distribution channels.
  • Clearly document and regularly update the underwriting strategy and maintain up-to-date appetite to reflect the market conditions.
  • Focus on areas of the portfolio and review based on distribution partner and market feedback.
  • Work with the distribution partners on development and management of the underwriting strategy and portfolio management.
  • Develop the revenue strategy with input from the exposure management team to optimise revenue generation and business mix.
  • Work with the actuarial function (especially capital) to ensure understanding and alignment of the portfolio strategy with the capital strategy.
  • Work with the active underwriter on communications with and reports for capital providers.
Required Knowledge and Skills
  • Previous experience across Underwriting in either the Lloyds or company market.
  • Strong analytical and decision‑making skills.
  • A strong commercial understanding of underwriting.
  • Able to assimilate into strategic discussions around the structuring and management of portfolios.
  • Track record of success in the development and execution of commercially viable strategies, with high standards of delivery in a timely, cost‑effective way.
  • Excellent negotiation, communication, and presentation skills to drive revenue and business development opportunities across our distribution network.
  • Strong organisational credentials to help drive a dynamic team to deliver the revenue strategy in a coherent manner.

Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working – we actively invite applications from candidates requiring any form of flexible working arrangements. Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic. We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.

Portfolio Underwriter employer: Atrium

Atrium is an exceptional employer that fosters a culture of growth and collaboration, allowing employees to thrive in their careers while contributing to the success of one of the oldest syndicates at Lloyd’s. With a strong commitment to diversity, equity, and inclusion, Atrium offers flexible working arrangements and encourages staff to take ownership of their roles, ensuring they feel valued and empowered in a dynamic environment. The opportunity for professional development and the chance to build meaningful relationships within the global insurance market make Atrium a rewarding place to work.
Atrium

Contact Detail:

Atrium Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Portfolio Underwriter

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those with ties to Lloyd’s. A friendly chat can open doors and give you insights that might just land you that Portfolio Underwriter role.

✨Tip Number 2

Prepare for interviews by brushing up on your analytical skills and understanding of underwriting strategies. Be ready to discuss how you’ve successfully managed portfolios in the past and how you can contribute to Atrium's goals.

✨Tip Number 3

Showcase your commercial understanding! When you get the chance, highlight your experience in developing profitable strategies and how you’ve navigated market changes. This will resonate well with Atrium’s focus on adaptability.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Portfolio Underwriter

Analytical Skills
Decision-Making Skills
Commercial Understanding of Underwriting
Portfolio Management
Strategic Discussion Skills
Development and Execution of Strategies
Negotiation Skills
Communication Skills
Presentation Skills
Organisational Skills
Relationship Management
Revenue Generation Strategy
Understanding of Lloyd's Market
Risk Appetite Monitoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience that match the Portfolio Underwriter role. Highlight your analytical skills and previous underwriting experience, especially in the Lloyd's market, to show us you’re the right fit.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our client-first approach. Don’t forget to mention your strong commercial understanding and decision-making skills!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to develop and execute profitable strategies. We love seeing quantifiable results, so if you’ve driven revenue or improved portfolio performance, let us know!

Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Atrium

✨Know Your Numbers

As a Portfolio Underwriter, you'll need to demonstrate your analytical skills. Brush up on key metrics related to portfolio performance and profitability. Be ready to discuss how you've used data to make decisions in the past.

✨Understand the Market

Familiarise yourself with the Lloyd’s market and current trends. Show that you can adapt to changes and understand the implications for underwriting strategies. Bring examples of how you've navigated market shifts in your previous roles.

✨Build Relationships

Since strong senior market relationships are crucial, think about how you can showcase your networking skills. Prepare to discuss how you've developed and maintained relationships with distribution partners and how this has benefited your previous portfolios.

✨Communicate Clearly

Excellent communication is key in this role. Practice articulating your thoughts clearly and confidently. You might be asked to present your ideas or strategies, so consider preparing a brief presentation to demonstrate your approach to portfolio management.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>