Schemes Underwriter

Schemes Underwriter

Full-Time 47500 - 52500 £ / year (est.) No working from home possible
Stride Resource Management

At a Glance

  • Tasks: Underwrite and manage insurance schemes while collaborating with brokers and partners.
  • Company: Join a dynamic Managing General Agent in the UK insurance market.
  • Benefits: Competitive salary, hybrid working, and comprehensive benefits package.
  • Other info: Opportunity for career growth in a supportive and flexible work environment.
  • Why this job: Make an impact in the insurance industry with innovative schemes and strong partnerships.
  • Qualifications: Experience in underwriting and strong relationship-building skills required.

The predicted salary is between 47500 - 52500 £ per year.

  • Role
  • Profile: Schemes Underwriter – MGA (UK Insurance Market)

Salary: Circa £50,000 + benefits Overview We are seeking an experienced Schemes Underwriter to join a growing Managing General Agent (MGA) within the UK insurance market.

This role focuses on the development, management, and profitability of delegated authority schemes, working closely with brokers, capacity providers, and internal stakeholders.

Key Responsibilities Underwrite and manage a portfolio of delegated authority schemes in line with agreed underwriting guidelines and capacity provider requirements.

Assess risk, pricing, and coverage to ensure profitability and compliance with underwriting strategy.

Build and maintain strong relationships with brokers, partners, and insurers to support scheme growth and retention.

Monitor scheme performance, including loss ratios, trends, and exposures; take corrective action where required.

Collaborate with capacity providers on bordereaux reporting, audits, and performance reviews.

Support the development and launch of new schemes, including product design, rating structures, and underwriting frameworks.

Ensure compliance with FCA regulations and internal governance standards.

Contribute to continuous improvement of underwriting processes, syste...

Schemes Underwriter employer: Stride Resource Management

Stride Resource Management is an exceptional employer, offering a vibrant work culture that fosters innovation and collaboration in the heart of Newcastle. With a strong focus on employee growth, we provide ample opportunities for professional development and career advancement, supported by significant investment in our teams. Join us to lead a well-established insurance branch and enjoy a competitive salary alongside performance bonuses, all while being part of a supportive and dynamic environment.

Stride Resource Management

Contact Details:

Stride Resource Management Recruitment Team

We think you need these skills to ace Schemes Underwriter

Underwriting Skills
Risk Assessment
Pricing Strategy
Compliance Knowledge
Relationship Management
Performance Monitoring
Bordereaux Reporting