Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite risks and develop strong broker relationships to drive business growth.
- Company: Join a dynamic team at Pen, backed by Gallagher, transforming the insurance landscape.
- Benefits: Enjoy 25+ days holiday, health plans, life insurance, and more perks.
- Why this job: Make a real impact in underwriting while collaborating with innovative minds.
- Qualifications: Experience in underwriting and professional indemnity is essential.
- Other info: Embrace diversity and inclusion in a supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
At Pen, we don’t just underwrite risk, we unlock possibility. We’re a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we’re transforming what it means to be an MGA in today’s insurance landscape. Whether you’re shaping new products, solving complex problems, or collaborating across teams, your ideas and initiative will help deliver smarter solutions for our clients—and move the industry forward.
As an Underwriter for Bristol Underwriting Management, a division of Pen Underwriting, you will be responsible for adding to the sustainable growth of the Professional Indemnity book by delivering profitable premium and conversion growth across the business and contributing in developing and implementation of the underwriting strategy. You will help drive the strategic planning/direction of the business and its products. You will also be responsible for interacting and collaborating with colleagues internally and building relationships with new brokers as well as maintaining and improving existing broker relationships and partner insurers.
How You’ll Make An Impact
- Underwrite and assess risk adhering to the underwriting philosophy, rules and guidelines, use of rating tools and pricing methodologies and documentation standards to maximise business growth and profitability.
- Actively participate in seeking new business opportunities within existing relationships and within the wider insurance market.
- Engage with brokers in servicing and renewal of the existing book that supports underwriting strategy, consistent with business growth and target loss ratio.
- Take underwriting referrals, providing expert underwriting guidance, coaching and mentoring to less experienced underwriters.
- Develop and maintain strong broker relationships across the regions and contribute to the team’s goal of writing a sustainable portfolio of professional indemnity business.
- Develop and leverage productive relationships within other departments to collaborate with cross-functional teams to optimise processes and enhance overall efficiency.
- Actively participate in regularly scheduled strategy, sales and underwriting meetings.
- Analyse market trends, competitor activities, and regulatory changes to identify opportunities and threats.
- Perform other duties and projects as assigned.
About You
- Underwriting experience required.
- Professional Indemnity experience required.
- Chartered Insurance Institute (CII) Certification preferred.
- Working knowledge of the insurance marketplace.
- Demonstrates an ability and desire to learn about the enterprise and business unit critical business issues and financial drivers.
- General knowledge of organisational and regulatory rules, policies and procedures.
- Demonstrates basic ability in the areas of customer focus and positive broker interaction.
- Basic analytical thinking/financial acumen.
- Identifies current or future problems or opportunities, analyses, synthesises and compares information to understand issues.
Compensation And Benefits
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
- Defined contribution pension scheme, which Gallagher will also contribute to.
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
- Income protection, we’ll cover up to 50% of your annual income, with options to top up.
- Health cash plan or Private medical insurance.
- Three fully paid volunteering days per year.
- Employee Stock Purchase plan, offering company shares at a discount.
- Share incentive plan, HMRC approved, tax effective, stock purchase plan.
- Critical illness cover.
- Discounted gym membership, with over 3,000 gyms nationally.
- Season ticket loan.
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
- Emergency back-up family care.
We value inclusion and diversity. Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.
Underwriter - Pen Underwriting in Bristol employer: Jobster
Contact Detail:
Jobster Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Pen Underwriting in Bristol
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially brokers. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building those relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or brokers, share your insights on market trends and risk assessment. This not only demonstrates your knowledge but also shows that you’re genuinely interested in the industry.
✨Tip Number 3
Be proactive! If you see a company you’d love to work for, don’t wait for them to post a job. Reach out directly, express your interest, and ask if they have any upcoming opportunities. It shows initiative and could set you apart from other candidates.
✨Tip Number 4
Utilise our website! We’ve got loads of resources and job listings tailored for you. Make sure to check it out regularly and apply through us to increase your chances of landing that dream role in underwriting.
We think you need these skills to ace Underwriter - Pen Underwriting in Bristol
Some tips for your application 🫡
Show Your Passion for Underwriting: When you’re writing your application, let your enthusiasm for underwriting shine through! We want to see how your experience and skills align with our mission of unlocking possibilities in the insurance landscape.
Tailor Your Application: Make sure to customise your application to highlight your relevant experience in Professional Indemnity. We love seeing candidates who take the time to connect their background with what we do at Pen!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your key achievements and skills are easy to spot. This helps us quickly see how you can contribute to our team.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Jobster
✨Know Your Underwriting Basics
Before stepping into the interview, brush up on your underwriting knowledge, especially around Professional Indemnity. Be ready to discuss how you assess risk and apply underwriting philosophies, as this will show your understanding of the role and its responsibilities.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical thinking and financial acumen. Think of examples where you've identified problems or opportunities in past roles, and be ready to explain how you approached them. This will highlight your ability to make sound decisions based on data.
✨Build Rapport with Brokers
Since building relationships with brokers is key, think of ways to convey your experience in maintaining and improving these connections. Share specific instances where your interpersonal skills led to successful outcomes, as this will resonate well with the interviewers.
✨Emphasise Collaboration
Pen values collaboration across teams, so be prepared to discuss how you've worked with cross-functional teams in the past. Highlight any experiences where your teamwork contributed to optimising processes or enhancing efficiency, as this aligns perfectly with their company culture.
