Senior Commercial Underwriter

Company: ProFound
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Job Description:

Job Title: Senior Commercial Underwriter

Location: London, United Kingdom

Salary: Competitive, based on experience

Job Purpose: To lead the underwriting of complex commercial insurance accounts, ensuring profitable growth and compliance with company policies. The role involves managing high-value portfolios, mentoring junior underwriters, and contributing to the strategic development of the underwriting division.

Key Responsibilities:

  • Underwrite and manage a portfolio of commercial insurance accounts, ensuring profitability and adherence to underwriting guidelines.
  • Evaluate and analyse risks, providing expert recommendations and solutions tailored to client needs.
  • Develop and maintain strong relationships with brokers, clients, and other stakeholders to drive business growth.
  • Act as a referral point for junior underwriters, providing guidance and support to enhance team performance.
  • Collaborate with actuarial, claims, and product development teams to ensure accurate pricing and risk assessment.
  • Monitor market trends and competitor activities to identify opportunities and threats.
  • Contribute to the development of new products and underwriting strategies.
  • Ensure compliance with regulatory requirements and company policies.

Skills and Qualifications:

  • Extensive experience in commercial underwriting, with a proven track record of managing high-value accounts.
  • Strong analytical and decision-making skills.
  • Excellent communication and negotiation abilities.
  • In-depth knowledge of commercial insurance products and market practices.
  • Relevant professional qualifications, such as ACII or FCII, are highly desirable.
  • Ability to work independently and as part of a team in a fast-paced environment.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Comprehensive benefits package, including pension, healthcare, and professional development opportunities.
  • Career progression within a dynamic and supportive environment.

Posted: April 21st, 2025