Development Underwriter

acinrecruit; Greater London; Remote; GBP 50,000 - 55,000; Full time

Job summary

Unknown company is seeking an experienced Development Underwriter to join a remote role focused on commercial SME underwriting, broker development and profitability. You will underwrite risks, cultivate broker relationships and drive new business opportunities, while ensuring compliance and accurate record keeping.

The role emphasizes strong communication, negotiation skills and the ability to balance underwriting discipline with growth objectives in a remote setting.

Qualifications

• 5+ years in commercial SME underwriting or similar.
• Proven ability to develop broker relationships and generate new business.
• Strong communication, negotiation, and influencing skills.
• Good FCA knowledge and regulatory awareness for commercial clients.
• Detail-oriented with data accuracy and record-keeping.

Responsibilities

• Assess and underwrite new and renewal business within authority.
• Drive profitable portfolio growth and targets for GWP and commissions.
• Manage submissions, renewals and broker inquiries promptly.
• Build and maintain strong broker relationships to increase engagement.
• Review broker panel performance and discuss with brokers.
• Negotiate with brokers balancing opportunities and underwriting discipline.
• Maintain records and comply with E&O and FCA guidelines.
• Collaborate with colleagues to improve service and knowledge sharing.

Skills

SME insurance market knowledge

Underwriting experience

Sales or broker development

Communication & negotiation

Regulatory awareness (FCA)

Data accuracy & record keeping

Job description

Job Title: Development Underwriter Location: Remote Salary Range: £50,000 - £55,000

Overview:

An opportunity for an experienced commercial SME underwriter to combine technical underwriting with broker development. The role focuses on identifying and underwriting profitable risks while building strong relationships with a panel of brokers. You will drive new business enquiries, improve retention and identify opportunities to develop products and grow the portfolio.

Key Responsibilities:

• Assess and underwrite new and renewal business, making prompt, informed decisions within your underwriting authority.
• Contribute to profitable portfolio growth and the achievement of gross written premium and commission income targets.
• Manage new business submissions, renewals and general enquiries efficiently, providing a responsive service to brokers.
• Build and maintain strong broker relationships, increasing engagement, enquiry levels and retention.
• Identify opportunities for profitable growth, address barriers to development and gather broker feedback on potential products, covers and sectors.
• Review broker panel performance using management information and discuss findings with brokers to support account development.
• Negotiate effectively with brokers, balancing commercial opportunities with underwriting discipline.
• Maintain accurate records, correspondence and underwriting files, following relevant compliance procedures, including those relating to potential errors and omissions.
• Work collaboratively with colleagues to improve service, share knowledge and support business objectives.

What We're Looking For:

• Detailed knowledge of the commercial SME insurance market.
• Relevant class-specific underwriting experience and sound technical judgement.
• Proven sales or development experience, with the ability to build productive broker relationships.
• Strong communication, interpersonal, negotiation and influencing skills.
• A commercial mindset, with the drive to achieve agreed targets and deliver profitable growth.
• The ability to make timely decisions and respond proactively to business opportunities.
• A good understanding of FCA regulation and guidelines relating to commercial customers.
• Strong planning and organisational skills, with attention to data accuracy and record keeping.
• Confidence using underwriting systems and management information to support decisions.
• A collaborative approach and a strong focus on customer service.

Desirable but Not Essential:

• No additional desirable criteria specified.

About the Company:

An established underwriting business operating within a large international MGA platform. The business places strong emphasis on long-term broker relationships, technical expertise and profitable growth. Its collaborative, inclusive culture and flat organisational structure support professional development, knowledge sharing and individual contribution.