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- Tasks: Manage and optimise commercial insurance portfolios while driving profitable growth.
- Company: Leading MGA in the commercial insurance market with a dynamic culture.
- Benefits: Competitive salary up to £70,000, hybrid working, and professional development opportunities.
- Why this job: Shape underwriting strategies and make a real impact in a fast-paced environment.
- Qualifications: Experience in portfolio management and strong technical underwriting skills required.
- Other info: Join a team that values innovation and strategic thinking.
The predicted salary is between 42000 - 84000 £ per year.
A leading MGA operating within the commercial insurance market is seeking an experienced Portfolio Underwriter to take ownership of the performance and profitability of key commercial product and scheme portfolios. This is a high-profile role combining deep technical underwriting expertise with strategic portfolio management. The successful candidate will shape underwriting strategy, influence product development, and use data-driven insight to drive profitable growth across SME Property & Liability portfolios. This opportunity suits an individual who is passionate about portfolio optimisation, risk selection, and building market-leading propositions within a dynamic and entrepreneurial environment.
The Portfolio Underwriter will be directly accountable for portfolio performance, working across multiple product lines to ensure alignment with risk appetite, pricing strategy, and business objectives. The role will involve analysing portfolio MI, identifying trends, and recommending enhancements to underwriting strategy, rules, and product design. The postholder will play a key role in strategic commercial growth projects and act as a trusted partner to underwriting, pricing, and senior leadership teams.
Key Responsibilities of the Portfolio Underwriter- Own the performance and profitability of assigned products and schemes against budgeted targets
- Monitor, analyse, and interpret MI to identify trends, opportunities, and emerging risks
- Lead development and implementation of portfolio underwriting strategies, rules, and terms
- Conduct deep-dive analysis on conversion, retention, customer behaviour, and claims performance
- Produce regular portfolio reporting and monthly independent analysis
- Support the full product lifecycle, ensuring underwriting guides and documentation remain current
- Build strong relationships across underwriting, pricing, distribution, and senior leadership
- Influence stakeholders with clear, evidence-based recommendations
- Contribute to strategic initiatives focused on commercial growth and product development
- Represent the business in relevant market and MGA forums
- Proven track record of managing portfolio risk selection and owning underwriting performance
- Strong technical underwriting background in SME Property & Liability
- Experience of portfolio MI analysis, underwriting rules management, and product development
- Demonstrated ability to interpret data and translate insight into actionable strategy
- Expert knowledge of underwriting principles, risk selection, and portfolio management
- Excellent communication, presentation, and storytelling skills
- Strategic thinker who challenges the status quo and proposes practical solutions
- Highly organised with the ability to manage multiple projects and deadlines
- Experience within MGA, insurer, or delegated authority environments preferred
- ACII / DIP qualification or working towards preferred
Portfolio Underwriter in Birmingham employer: Equation Recruitment
Contact Detail:
Equation Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Underwriter in Birmingham
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can get you in the door.
✨Tip Number 2
Prepare for interviews by researching the company and its products. We want you to be able to discuss how your experience aligns with their goals, especially in portfolio management and risk selection.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss specific examples of how you've used data to drive decisions in previous roles. This is key for a Portfolio Underwriter, and we want to see that passion for optimisation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Portfolio Underwriter in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Portfolio Underwriter role. Highlight your experience in managing portfolio risk selection and your technical underwriting background in SME Property & Liability. We want to see how your skills align with what we're looking for!
Showcase Your Achievements: When writing your application, don’t just list your responsibilities. Instead, showcase your achievements! Use specific examples of how you've influenced underwriting strategy or contributed to commercial growth. This helps us see the impact you've made in previous roles.
Be Data-Driven: Since this role involves a lot of data analysis, make sure to mention your experience with portfolio MI analysis. Talk about how you've used data-driven insights to drive profitable growth. We love candidates who can turn numbers into actionable strategies!
Keep It Professional Yet Engaging: While we appreciate a friendly tone, remember to keep your application professional. Use clear and concise language, and don’t forget to proofread! A well-written application shows us that you pay attention to detail, which is crucial for a Portfolio Underwriter.
How to prepare for a job interview at Equation Recruitment
✨Know Your Numbers
As a Portfolio Underwriter, you'll need to demonstrate your ability to analyse and interpret MI. Brush up on key metrics related to portfolio performance, risk selection, and profitability. Be ready to discuss specific examples where you've used data to drive decisions.
✨Showcase Your Strategic Thinking
This role requires a strategic mindset. Prepare to talk about how you've influenced underwriting strategies or contributed to product development in the past. Think of concrete examples that highlight your ability to challenge the status quo and propose practical solutions.
✨Build Relationships
Strong stakeholder engagement is crucial. During the interview, emphasise your experience in building relationships across teams. Share stories that illustrate how you've collaborated with underwriting, pricing, and senior leadership to achieve common goals.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving skills. Think about potential challenges you might face in managing portfolio performance and how you'd address them. Practising these scenarios can help you articulate your thought process clearly during the interview.