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- Tasks: Manage and grow a diverse portfolio while mentoring junior team members.
- Company: Join Pen, a dynamic underwriting business backed by Gallagher.
- Benefits: Enjoy 25+ days holiday, life insurance, and health plans.
- Why this job: Make a real impact in the insurance industry with innovative solutions.
- Qualifications: CII/Dip CII qualification and underwriting experience required.
- Other info: Embrace diversity and inclusion in a supportive work environment.
The predicted salary is between 28800 - 48000 £ 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.
Are you ready to take your underwriting career to the next level? Pen Underwriting is looking for a Senior Underwriter to join our Risk Managed Commercial team. This is your chance to work with a dynamic team, manage a diverse portfolio, and make a real impact in the insurance industry. The role will focus on underwriting and servicing new, existing or both new and existing accounts. You’ll have the opportunity to grow your expertise, mentor others, and contribute to our success.
How you’ll make an impact:
- Manage and grow a portfolio of renewal accounts, working closely with clients to address rating and adjustment enquiries.
- Develop new business opportunities, ensuring excellent outcomes for clients, brokers, and insurers.
- Evaluating risks, handling technical claim cover requests, and liaising with brokers, insurers, and internal teams.
- Review and approve referrals from Underwriters and Assistant Underwriters.
- Operating within your delegated underwriting authority.
- Mentoring and training junior team members, sharing your expertise to help them grow.
- Developing a deep understanding of Pen’s coverage offerings.
- Analysing and interpreting data to compile statistics.
About You:
- CII/Dip CII qualification or equivalent, with A-Level education or similar.
- Underwriting experience in servicing accounts, use specialist technical knowledge to handle claim queries, ensuring a connected service.
- Firm grasp of risk exposure, able to determine the acceptance criteria and risk classifications in a range of complex or unfamiliar situations.
- Experience in underwriting and servicing accounts, including handling claim queries.
- Proactive communicator with strong negotiation skills and a keen eye for detail.
- Strong trading and negotiation skills ensuring excellent outcomes for the customer, brokers, Pen and Insurers.
- Experience of planning and prioritising client renewals and seeking new business opportunities.
- Analytical and problem-solving skills.
- A positive, team-oriented attitude with a commitment to delivering excellent service.
- Eligibility to work in the UK.
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, depending on your job level these benefits may improve:
- 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.
- Other benefits include:
- 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.
- And many more…
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. We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know. Should you require reasonable adjustments to your application, please get in touch.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Senior Underwriter employer: Pen Underwriting
Contact Detail:
Pen Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Pen or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching Pen’s values and recent projects. Show us that you’re not just another candidate; you’re genuinely interested in how you can contribute to our innovative approach in underwriting.
✨Tip Number 3
Practice your negotiation skills! As a Senior Underwriter, you’ll need to demonstrate your ability to handle complex discussions. Role-play with a friend or mentor to build confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining our team and ready to make an impact.
We think you need these skills to ace Senior Underwriter
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 CV and Cover Letter: Make sure to customise your CV and cover letter for the Senior Underwriter role. Highlight relevant experiences that showcase your ability to manage portfolios and develop new business opportunities, just like we do at Pen.
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language to describe your achievements and skills, ensuring we can easily see how you fit into our dynamic team.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity to join our team at Pen.
How to prepare for a job interview at Pen Underwriting
✨Know Your Stuff
Make sure you have a solid understanding of underwriting principles and the specific products Pen offers. Brush up on your technical knowledge, especially around risk exposure and claim handling, so you can confidently discuss how you would manage and grow a portfolio.
✨Showcase Your Experience
Prepare to share specific examples from your past roles that highlight your underwriting experience and problem-solving skills. Think about times when you successfully handled complex claims or developed new business opportunities, as these will resonate well with the interviewers.
✨Be a Team Player
Pen values collaboration, so be ready to discuss how you've worked effectively within teams in the past. Highlight any mentoring or training experiences you've had, as this shows your commitment to helping others grow while also showcasing your leadership potential.
✨Ask Smart Questions
Prepare thoughtful questions that demonstrate your interest in Pen's culture and future direction. Inquire about their approach to innovation in underwriting or how they support team members in their professional development. This not only shows your enthusiasm but also helps you gauge if it's the right fit for you.
