At a Glance
- Tasks: Drive profitability and performance across key SME portfolios with strategic underwriting.
- Company: Fast-growing commercial MGA with a focus on innovation and growth.
- Benefits: Competitive salary, hybrid working, and opportunities for professional development.
- Why this job: Make a real impact on underwriting strategy and product development in a dynamic environment.
- Qualifications: Proven experience in portfolio underwriting and strong technical skills in SME commercial underwriting.
- Other info: Collaborative culture with opportunities to influence key business decisions.
The predicted salary is between 48000 - 84000 £ per year.
An established and fast-growing commercial MGA is looking to hire an experienced Portfolio Underwriter to take ownership of performance and profitability across key SME portfolios. This is a genuinely strategic underwriting role – combining hands-on technical expertise with data-driven portfolio management and real influence over underwriting strategy, pricing and product development.
The Role
- You’ll be accountable for the performance of assigned product and scheme portfolios, using MI and market insight to drive profitable growth and ensure alignment with risk appetite.
- Key responsibilities include:
- Owning portfolio performance against budget and profitability targets
- Analysing MI to identify trends, risks and opportunities, and implementing corrective actions
- Developing and refining underwriting strategies, rules and terms
- Leading deep-dive analysis across conversion, retention, claims and customer behaviour
- Producing regular portfolio reporting and independent monthly analysis
- Supporting the full product lifecycle, including documentation and underwriting guides
- Contributing to strategic projects focused on growth, pricing and product evolution
- Building strong relationships with internal stakeholders and senior leadership
- Representing the business in relevant market and MGA forums
About You
- Proven experience managing portfolio underwriting performance
- Strong technical background in SME commercial underwriting
Senior Commercial Underwriter employer: FryerMiles
Contact Detail:
FryerMiles Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Commercial Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. Building relationships can open doors that job boards can't.
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Show them you understand their business and how you can contribute to their growth and profitability.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in managing portfolio performance and how you've used data to drive decisions. Confidence is key!
✨Tip Number 4
Don't forget to apply through our website! We want to see your application and help you land that Senior Commercial Underwriter role with us.
We think you need these skills to ace Senior Commercial Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Commercial Underwriter role. Highlight your experience in managing portfolio performance and any relevant technical skills that align with the job description.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven profitable growth or improved underwriting strategies in previous roles.
Be Data-Driven: Since this role involves a lot of data analysis, mention any experience you have with MI and how you've used it to identify trends or opportunities. We love candidates who can back up their decisions with data!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at FryerMiles
✨Know Your Numbers
As a Senior Commercial Underwriter, you'll need to demonstrate your understanding of portfolio performance metrics. Brush up on key performance indicators (KPIs) relevant to SME portfolios and be ready to discuss how you've used data to drive profitability in your previous roles.
✨Showcase Your Strategic Mindset
This role is all about strategic underwriting. Prepare examples of how you've developed or refined underwriting strategies in the past. Be specific about the challenges you faced and the impact your decisions had on the business.
✨Build Relationships
Strong relationships with internal stakeholders are crucial. Think of instances where you've collaborated with different teams or senior leadership to achieve common goals. Highlight your communication skills and how they helped foster teamwork.
✨Stay Current with Market Trends
The insurance landscape is always changing. Research current trends in the commercial underwriting space, especially within the SME sector. Being able to discuss these trends and their implications during your interview will show that you're proactive and well-informed.