At a Glance
- Tasks: Build strong broker relationships and oversee strategic underwriting decisions.
- Company: Moralis Limited, a forward-thinking MGA in commercial property.
- Benefits: Flexible working, career progression to Deputy Head of Underwriting, and potential equity options.
- Other info: Opportunity for strategic leadership and professional growth.
- Why this job: Join a dynamic team and shape the future of property underwriting.
- Qualifications: 5+ years in property underwriting with strong broker management skills.
The predicted salary is between 60000 - 80000 £ per year.
Location: Flexible / Hybrid – Some business travel required.
Reporting to: Head of Underwriting
Business: Moralis Limited
Overview
Moralis is launching a specialist Commercial Property Owners and Commercial Unoccupied MGA focused on disciplined underwriting, service-led distribution, and a sub-30% loss ratio across all product lines. We are seeking a Senior Underwriter who will initially support the Head of Underwriting and transition into a Deputy Head of Underwriting role within 12–18 months as the business scales. This is not a traditional underwriting role. The position is designed for a commercially astute relationship builder who understands property underwriting deeply and can represent the business externally with credibility and authority.
Role Purpose
- Act as a senior representative of the MGA to brokers and capacity partners.
- Develop and manage strategic broker relationships.
- Support performance reporting and capacity dialogue.
- Oversee referral decisions, particularly around claims.
- Deputise for the Head of Underwriting when required.
The role is weighted towards relationship management and commercial oversight rather than day-to-day transactional underwriting.
Role Split (Indicative)
- 90% Broker & Market Relationship Development
- 5% Reporting & MI Review
- 5% Technical Underwriting / Claims Referral Oversight
Key Responsibilities
- Broker Relationship Management (Primary Focus)
- Build and maintain strong relationships with key regional and independent commercial brokers.
- Identify profitable books suitable for transfer.
- Support onboarding of new broker partners.
- Conduct broker visits.
- Ensure appetite clarity and consistent underwriting message.
- Monitor broker-level and whole-account profitability and performance.
- Proactively manage underperforming relationships.
- Market & Capacity Engagement
- Attend monthly capacity meetings.
- Present underwriting performance summaries.
- Support discussion around loss ratio trends, RBR movement, aggregation monitoring, and referral trends.
- Represent the MGA professionally in capacity discussions.
- Assist in strategic planning discussions.
- Technical Oversight & Referral Management
- Review claims referrals outside TPA authority limits.
- Ensure underwriting discipline and pricing integrity.
- Support maintenance of rating tables and appetite controls.
- Aiding Moralis Limited in obtaining full FCA authorization.
- Reporting & MI Oversight
- Review system-generated underwriting and claims performance reports.
- Identify early warning trends.
- Support quarterly pricing adequacy reviews.
- Contribute to annual product review.
Future Development (12–18 Months)
- Formal appointment as Deputy Head of Underwriting (subject to performance).
- Increased involvement in capacity negotiations.
- Participation in recruitment decisions and product development.
- Broader strategic leadership responsibilities.
- Equity proposition possible once the business is operating sustainably.
Candidate Profile
Essential Experience
- Minimum 5 years property underwriting experience.
- Strong knowledge of Commercial Property Owners and Unoccupied Property.
- Demonstrated broker relationship management capability.
- Experience handling referrals and complex risk decisions.
Desirable Experience
- Exposure to delegated authority / MGA structures.
- Involvement in capacity reporting.
- Understanding of loss ratio management and RBR concepts.
- Experience with performance-led portfolio management.
- Experience operating on Acturis or equivalent software house.
- Knowledge of Residential Property to support future product expansion.
Personal Attributes
- Commercially confident and credible.
- Relationship-led but disciplined in underwriting approach.
- Comfortable presenting to brokers, insurers and senior stakeholders.
- Strategic thinker with long-term mindset.
- Data-aware and comfortable interpreting MI.
- Calm and measured decision-maker.
- Able to work with autonomy and coordinate own diary.
Senior Underwriter employer: Lawes Consulting Group
Moralis Limited is an exceptional employer that fosters a dynamic and supportive work culture, ideal for professionals seeking to advance their careers in underwriting. With a focus on relationship management and strategic growth, employees benefit from flexible working arrangements, opportunities for professional development, and the potential for equity participation as the business scales. The company's commitment to disciplined underwriting and service-led distribution ensures a rewarding environment for those passionate about commercial property.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter
✨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 really set you apart.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your deep understanding of property underwriting. Share insights and trends you've noticed in the market to demonstrate your knowledge.
✨Tip Number 3
Be proactive! If you see an opportunity that aligns with your skills, don’t wait for it to come to you. Reach out directly to companies you admire, like Moralis Limited, and express your interest in contributing to their success.
✨Tip Number 4
Keep learning! The insurance landscape is always changing, so stay updated on the latest trends and regulations. Consider taking courses or attending workshops to enhance your skills and show potential employers that you're committed to growth.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Senior Underwriter role. Highlight your property underwriting experience and any broker relationship management you've done. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Share your passion for commercial property underwriting and how your strategic thinking can help us grow. Keep it engaging and personal!
Showcase Your Relationship Skills:Since this role is heavily focused on building relationships, make sure to highlight your experience in managing broker relationships. Give examples of how you've successfully developed partnerships in the past. We love to see those interpersonal skills in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining the Moralis team!
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Underwriting Inside Out
Make sure you brush up on your property underwriting knowledge, especially around Commercial Property Owners and Unoccupied Property. Be ready to discuss specific cases or trends you've encountered in your previous roles, as this will show your depth of understanding and expertise.
✨Build a Relationship Strategy
Since the role is heavily focused on broker relationship management, think about how you would approach building and maintaining these relationships. Prepare examples of how you've successfully managed broker partnerships in the past and be ready to share your strategies for onboarding new partners.
✨Showcase Your Commercial Acumen
This isn't just about technical skills; it's about being commercially astute. Be prepared to discuss how you've contributed to profitability in previous roles, particularly through loss ratio management and performance-led portfolio management. Highlight any experience with capacity negotiations as well.
✨Prepare for Strategic Discussions
Given the strategic nature of the role, think about how you can contribute to discussions around capacity engagement and market trends. Familiarise yourself with current industry trends and be ready to present your insights during the interview, demonstrating your ability to think strategically and long-term.
