At a Glance
- Tasks: Underwrite new commercial business and build strong broker relationships.
- Company: Join a growing and ambitious underwriting business with a supportive culture.
- Benefits: Competitive salary, hybrid working, generous leave, and professional development support.
- Other info: Dynamic environment with excellent career growth opportunities.
- Why this job: Make a real impact in the insurance industry while enjoying great perks.
- Qualifications: Proven underwriting experience and strong focus on new business generation.
The predicted salary is between 50000 - 60000 £ per year.
Are you an experienced UK Commercial Underwriter looking to join a growing and ambitious underwriting business? Operating on a Hybrid Basis, reporting into our London Office, Jensten Underwriting (MGA) part of the Jensten Group are seeking a commercially minded and relationship-focused Commercial Underwriter to play a key role in the continued growth and profitability of our specialist schemes portfolio.
The Role
Reporting into the underwriting leadership team, you will be responsible for underwriting new business, supporting broker development initiatives, and ensuring profitable scheme performance across a range of commercial products. The role will focus primarily on Commercial Combined business, with any experience underwriting Contractors Combined risks a benefit. You will work closely with brokers, our capacity provider, and internal stakeholders to deliver exceptional service standards while helping to develop and grow specialist schemes and products.
Key Responsibilities
- Underwrite new commercial business in line with delegated authority.
- Provide competitive quotations and technical underwriting support to brokers.
- Build and develop strong relationships with brokers, supporting new business growth.
- Assist in broker development activities, identifying opportunities to increase income and profitability.
- Monitor and manage scheme performance, ensuring profitable outcomes for both the business and capacity providers.
- Support the development and enhancement of underwriting criteria, rating structures, policy wordings, terms, and conditions.
- Assist with the creation and launch of new insurance products and schemes.
- Monitor market trends and competitor activity to ensure products remain competitive and relevant.
About You
- Proven underwriting experience gained within an Insurer, MGA, or Scheme Broker environment.
- Strong experience underwriting Commercial Combined risks.
- Exposure to Contractors Combined business would be highly beneficial.
- A strong focus on new business generation and portfolio growth.
- Experience developing and managing broker relationships.
- Strong commercial awareness and understanding of insurance market dynamics.
- The ability to balance underwriting discipline with service excellence.
Rewards And Benefits
When you join us, you can expect a supportive culture and an attractive range of rewards and benefits which include:
- Competitive salary with an annual pay review, strong bonus scheme and car allowance.
- Hybrid working with 2 days based in the office.
- 27 days annual leave (includes a day off for your birthday and another for a religious holiday of your choice) + bank holidays.
- Auto enrolment into our excellent pension scheme (5% employer matched contribution).
- Flex-benefits - A range of flexible benefits to choose from, that are most important to you.
- Group Life Assurance cover.
- 3 months Maternity, Paternity & Adoption leave all fully paid.
- Professional qualification study support relevant to your role and career.
- Perks at work - amazing discounts on cinema tickets, meals out, luxury items etc.
- Holiday purchase scheme - up to 5 days annually.
Senior Underwriter - New Business in London employer: Jensten
Jensten Underwriting is an exceptional employer that fosters a supportive and dynamic work culture, ideal for experienced underwriters seeking to make a significant impact in the insurance industry. With a competitive salary, hybrid working options, and a comprehensive benefits package including generous annual leave and professional development support, employees are empowered to grow their careers while enjoying a healthy work-life balance. Located in London, our team thrives on collaboration and innovation, making it a rewarding environment for those passionate about underwriting and broker relationships.
