Commercial Underwriter

The Benefact Group; Newcastle upon Tyne; Hybrid; GBP 34,000 - 40,000; Full time

Job summary

A leading insurance group is seeking a Commercial Underwriter to join their successful team. This full-time, permanent role involves evaluating and underwriting commercial risks, maintaining broker relationships, and delivering tailored insurance solutions. The position offers hybrid working options and a competitive salary up to £40,000, along with excellent benefits, including private medical cover and a strong company pension. The ideal candidate should have experience in commercial insurance and strong analytical skills.

Benefits

Competitive salary up to £40,000

Private medical cover for you and your family

Excellent company pension

Life assurance

Qualifications

• Proven experience within commercial insurance, ideally Property/Casualty classes.
• Excellent communication, negotiation and relationship building skills.
• Strong analytical skills and attention to detail.

Responsibilities

• Assess and underwrite risks for new and existing clients in line with company guidelines.
• Negotiate terms with brokers to win and retain business.
• Maintain and develop strong relationships with brokers.
• Analyze market trends to ensure competitive and profitable underwriting decisions.
• Collaborate closely with brokers to structure competitive insurance solutions.

Skills

Commercial insurance experience

Communication skills

Negotiation skills

Analytical skills

Job description

Due to their strong growth, another opportunity has arisen for a Commercial Underwriter to join our client’s highly successful Commercial team. This role is ideal for a Commercial Insurance professional who enjoys relationship‑building and delivering tailored insurance solutions. You will evaluate and underwrite a variety of commercial risks, focusing on both new and renewal business. The role involves collaborating closely with brokers to structure competitive insurance solutions that align with the company’s risk appetite and meet client needs, and it can be performed remotely from home provided you live within the East Anglia region.

Responsibilities

• Assess and underwrite risks for new and existing clients in line with company guidelines.
• Negotiate terms with brokers to win and retain business.
• Maintain and develop strong relationships with brokers.
• Analyze market trends to ensure competitive and profitable underwriting decisions.
• Collaborate closely with brokers to structure competitive insurance solutions that align with company’s risk appetite.

Qualifications

• Proven experience within commercial insurance, ideally Property/Casualty classes.
• Excellent communication, negotiation and relationship building skills.
• Strong analytical skills and attention to detail.

Working arrangement & location

• Full‑time, permanent role: 35 hours per week, Monday to Friday.
• Hybrid working: 2 days a week in the office, remote otherwise.
• Location: Newcastle (other regional Lycetts offices can be considered). Must live within the East Anglia region for remote work.

Benefits

• Competitive salary up to £40,000 depending on experience.
• Private medical cover for you and your family.
• Excellent company pension.
• Life assurance.