Senior Underwriter

Senior Underwriter

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Build relationships with brokers and manage underwriting for property risks.
  • Company: Join a dynamic MGA with growth potential and a collaborative culture.
  • Benefits: Clear progression path, potential equity participation, and a relationship-led role.
  • Other info: Opportunity to influence strategy and engage in market discussions.
  • Why this job: Shape the future of an MGA while making impactful decisions in underwriting.
  • Qualifications: 5+ years in property underwriting and strong broker relationship skills.

The predicted salary is between 60000 - 80000 £ per year.

We’re partnering with an ambitious and well-backed new MGA, as they launch a specialist Commercial Property Owners and Unoccupied Property proposition. This is a rare opportunity to step into a business-facing underwriting role with a clear pathway to progression opportunities within 12-18 months.

The Opportunity

  • Knows property underwriting inside-out
  • Enjoys being out in the market building relationships
  • Can represent a growing MGA with credibility to brokers and capacity providers

You’ll work closely with the Head of Underwriting, helping to shape broker strategy, drive profitable growth, and play a key role in scaling the business.

What You’ll Be Doing

  • Broker & Market Relationship Development (Primary Focus)
    • Build and manage key relationships with regional and independent brokers
    • Identify and onboard profitable books of business
    • Conduct regular broker meetings and market engagement
    • Drive a clear and consistent underwriting appetite
  • Market & Capacity Engagement
    • Support and attend capacity meetings
    • Present performance insights and underwriting strategy
    • Contribute to discussions around loss ratios, trends, and growth strategy
  • Technical Oversight
    • Review complex referrals and claims outside authority limits
    • Maintain underwriting discipline and pricing integrity
    • Support appetite and rating structure development
  • Reporting & Performance
    • Analyse MI and underwriting performance data
    • Identify trends and support pricing reviews
    • Contribute to product and portfolio strategy

What’s In It For You

  • Clear route to Deputy Head of Underwriting
  • Exposure to strategy, capacity, and leadership decisions
  • Opportunity to help build an MGA from the ground up
  • Potential equity participation as the business matures
  • A role that is relationship-led, not process-driven

What We’re Looking For

  • c5+ years’ experience in Property underwriting
  • Strong knowledge of Property Owners and/or Unoccupied risks
  • Proven ability to build and manage broker relationships
  • Experience handling complex referrals and underwriting decisions
  • Highly enthusiastic and motivated to build strong relationships at all levels
  • MUST have the ability to travel across UK to meet with brokers
  • Exposure to MGA or delegated authority environments
  • Understanding of loss ratios and portfolio performance
  • Experience with platforms such as Acturis

For more information or to apply, please contact sophie@nashrock.co.uk

Senior Underwriter employer: Nashrock Insurance Recruitment

Join a dynamic and ambitious new Managing General Agent (MGA) that offers a unique opportunity for Senior Underwriters to thrive in a relationship-driven environment. With a clear pathway to progression within 12-18 months, you will be instrumental in shaping the underwriting strategy while enjoying the benefits of equity participation as the business grows. Our supportive work culture fosters professional development and encourages innovation, making it an excellent place for motivated individuals looking to make a meaningful impact in the commercial property sector.

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Contact Details:

Nashrock Insurance Recruitment Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter

Tip Number 1

Get out there and network! Attend industry events, meet-ups, or even casual coffee chats with brokers. Building those relationships is key in the underwriting world, and it shows you’re proactive.

Tip Number 2

Don’t just wait for opportunities to come to you. Reach out directly to potential employers or brokers you admire. A friendly email or LinkedIn message can go a long way in making a memorable first impression.

Tip Number 3

Showcase your expertise! Prepare to discuss your insights on market trends and loss ratios during interviews. This not only demonstrates your knowledge but also your passion for the role.

Tip Number 4

When you find a role that excites you, apply through our website! We’re here to help you land that dream job, and we want to see your application shine.

We think you need these skills to ace Senior Underwriter

Property Underwriting
Broker Relationship Management
Market Engagement
Capacity Meeting Support
Performance Analysis
Loss Ratio Understanding
Complex Referral Handling

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in property underwriting and relationship building. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this opportunity and how you can contribute to our growing MGA. Keep it engaging and personal – we love a bit of personality!

Showcase Your Market Knowledge:In your application, demonstrate your understanding of the property market and your experience with brokers. We’re looking for someone who knows the ins and outs of underwriting, so make sure to highlight relevant examples.

Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Nashrock Insurance Recruitment

Know Your Underwriting Stuff

Make sure you brush up on your property underwriting knowledge. Be ready to discuss specific risks related to Property Owners and Unoccupied properties, as well as any recent trends in the market. This will show that you’re not just familiar with the basics but are genuinely passionate about the field.

Build Your Broker Relationship Strategy

Since the role focuses heavily on building relationships with brokers, think about how you would approach this. Prepare examples of how you've successfully managed broker relationships in the past and be ready to share your strategies for engaging with them effectively.

Showcase Your Analytical Skills

You’ll need to analyse MI and underwriting performance data, so be prepared to discuss how you’ve done this in previous roles. Bring along examples of how your insights have contributed to pricing reviews or improved loss ratios, as this will demonstrate your technical oversight capabilities.

Be Ready to Discuss Growth Strategies

The company is looking for someone who can contribute to growth strategies. Think about how you would drive profitable growth and what innovative ideas you might bring to the table. Be prepared to discuss your vision for scaling the business and how you can help shape the underwriting appetite.