Commercial Underwriter

ProFound; Southampton; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Competitive salary based on experience

Bonus opportunities

Career development programs

Job summary

A leading insurance company in Southampton is seeking a Commercial Underwriter to evaluate and manage risks for business insurance. You will build partnerships with brokers and manage a profitable portfolio primarily in property and casualty insurance. Strong analytical and communication skills are essential. This full-time role offers hybrid working options and competitive salary with bonus opportunities.

Qualifications

• Proven experience in commercial underwriting, ideally in property, liability, or motor fleet.
• Strong analytical and negotiation skills.
• Excellent interpersonal and communication abilities.

Responsibilities

• Evaluate and price commercial insurance risks, particularly in property, liability, motor trade, and fleet.
• Build and maintain strong partnerships with brokers to understand client needs.
• Grow and manage a book of business, ensuring profitability and compliance.

Skills

Commercial underwriting experience

Analytical skills

Negotiation skills

Interpersonal skills

Communication skills

Education

FIT / Cert / Dip CII qualifications

Job description

ProFound Southampton, United Kingdom

Commercial Underwriter

Role Summary

A Commercial Underwriter assesses and manages risks for business insurance policies, working closely with brokers and clients to develop profitable portfolios. This role often focuses on mid-market property and casualty (P&C) underwriting.

Key Responsibilities

• Underwriting New and Existing Business: Evaluate and price commercial insurance risks, particularly in property, liability, motor trade, and fleet.
• Broker Relationship Management: Build and maintain strong partnerships with brokers to understand client needs and deliver tailored insurance solutions.
• Portfolio Development: Grow and manage a book of business, ensuring profitability and compliance.
• Decision-Making: Use data insights and mobile decision-support tools to make informed underwriting choices.
• Collaboration: Work within a regional underwriting team, supporting senior underwriters and managers to meet financial targets.

Skills & Experience Required

• Proven experience in commercial underwriting, ideally in property, liability, or motor fleet.
• Strong analytical and negotiation skills.
• Excellent interpersonal and communication abilities.
• Familiarity with FCA regulations and industry standards.
• Ability to work independently and manage a dynamic workload.

Qualifications

• Working towards or holding FIT / Cert / Dip CII qualifications is often encouraged.
• Continuous professional development is supported.
• Hybrid working model: typically 60% office-based or visiting clients.
• Flexible arrangements may be available.
• Competitive salary based on experience.
• Bonus opportunities.
• Career development programs and training support.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Customer Service

Industries

• Insurance

Note: Referrals may increase chances of interviewing. This description reflects the role as posted and does not imply any changes to current employment status.