Property Underwriter job at Central London Full Time

• Job Type: Permanent, Full-Time
• Location: London (Hybrid: 3 days in office, 2 days WFH)
• Department: Broker Business

Reed Insurance London are working with a central London based client seeking an SME Underwriter for their Retail Team, responsible for underwriting SME business through the broker channel. This role demands delivering consistent, high-quality service to clients while achieving profitable results. The successful candidate will ensure all underwriting activities align with regulatory requirements and the company’s underwriting guidelines.

Day-to-day of the role:

• Assess and underwrite a range of risks including SME packages, Property Owners, Home, and Office risks.
• Review and analyse risk submissions, liaising with brokers to obtain all necessary information for accurate risk assessment.
• Provide pricing recommendations and set appropriate terms in line with underwriting guidelines and business strategy.
• Process quotations, policies, renewals, and mid-term adjustments (MTAs) in accordance with contract certainty requirements.
• Collaborate with brokers and internal teams to deliver tailored insurance solutions that meet client needs.
• Build, develop, and maintain strong relationships with a designated panel of brokers to support growth and achieve business targets.
• Support and mentor junior team members, acting as a referral point for underwriters with lower authority levels.
• Produce regular analysis, reports, and management information on own accounts for internal and external stakeholders.
• Contribute to product development initiatives and risk management strategies.

Required Skills & Qualifications:

• Cert CII (or equivalent professional qualification).
• Minimum of 2 years’ underwriting experience across SME, retail, catering, and property owner risks.
• Strong communication and interpersonal skills, with proven experience managing broker relationships.
• Ability to engage effectively with stakeholders at all levels, both internally and externally.
• Excellent negotiation skills with the ability to influence and build rapport.
• Strong organisational and time management skills, with the ability to meet deadlines and service standards.
• Ability to work both independently and collaboratively within a team environment.
• Good knowledge of the UK general insurance market, including regulatory frameworks and legislation.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint) and collaboration tools such as Teams.

Benefits:

• Competitive salary and performance-related incentives.
• Career development and training opportunities.
• Flexible and supportive working environment.
• Opportunity for professional growth and collaboration.

To apply for the SME Underwriter – Retail Team position, please submit your up to date CV!