At a Glance
- Tasks: Lead and develop a team of underwriters in Mid-Market insurance.
- Company: Dynamic insurance firm with a focus on growth and innovation.
- Benefits: Competitive salary, performance bonus, and hybrid working model.
- Other info: Opportunity to work in a collaborative environment with career advancement.
- Why this job: Shape underwriting strategy and drive profitable growth in a diverse portfolio.
- Qualifications: Proven underwriting experience and strong leadership skills required.
The predicted salary is between 95000 - 100000 £ per year.
We are seeking an experienced Underwriting Manager to lead and develop a team of underwriters focused on Mid-Market commercial lines. This is a pivotal role for a technically strong underwriting leader who combines hands-on underwriting expertise with people management and portfolio oversight, driving profitable growth across a diverse book of business.
Key Responsibilities
- Lead, coach, and develop a team of underwriters, setting clear performance expectations and supporting technical and professional development.
- Hold personal underwriting authority for Mid-Market lines, referring and reviewing risks above team members' authority levels.
- Own portfolio performance for the Mid-Market book, monitoring GWP, loss ratios, retention, and new business growth against target.
- Set and maintain underwriting philosophy, risk appetite, and referral guidelines in line with the wider underwriting strategy.
- Build and maintain strong relationships with broker partners, supporting the team on complex placements and renewals.
- Partner with pricing, actuarial, and claims teams to ensure underwriting decisions are informed by accurate data and emerging trends.
- Monitor market conditions and competitor activity, adjusting appetite and pricing strategy as needed.
- Ensure the team's compliance with regulatory requirements, internal governance, and audit standards.
- Contribute to product development and the evolution of policy wordings for Mid-Market lines.
- Report on portfolio performance and team output to senior underwriting leadership.
About You
- Proven underwriting experience across Mid-Market commercial lines (e.g. Commercial Combined, Property, Casualty, or similar).
- Prior experience managing, mentoring, or leading an underwriting team.
- Strong technical underwriting judgement with a track record of profitable portfolio management.
- Confident communicator with established broker relationships and strong negotiation skills.
- ACII qualified or working towards, with a strong understanding of regulatory and compliance requirements.
- Commercially astute, with the ability to balance growth ambitions against risk and profitability.
- Comfortable operating in a hybrid environment, with regular time in the London office.
What's on Offer
- Salary of £95,000 – £100,000, dependent on experience.
- Performance-related bonus.
- Hybrid working model.
- The opportunity to shape underwriting strategy and grow a high-performing team within a Mid-Market portfolio.
Underwriting Manager in London employer: Lawes Consulting Group
At Lawes Consulting Group, we pride ourselves on being an excellent employer that values and nurtures talent within a supportive and collaborative environment. As a Property Loss Adjuster based in Glasgow, you will benefit from a strong focus on employee development, a diverse portfolio of claims to manage, and the opportunity to work closely with industry professionals, all while enjoying the vibrant culture of Scotland's largest city.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Manager in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lawes Consulting Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lawes Consulting Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriting Manager in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lawes Consulting Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lawes Consulting Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lawes Consulting Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lawes Consulting Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lawes Consulting Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
