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Property Underwriter

HFG

City Of London

On-site

GBP 50,000 - 75,000

Full time

27 days ago

Job summary

A leading Lloyd's Syndicate seeks a Property Underwriter for their London Market team. The role involves underwriting property risks, negotiating with brokers, and providing guidance to junior underwriters. Candidates should demonstrate strong technical skills, broker relationships, and a focus on UK businesses.

Qualifications

  • Around 5 years of experience in Property Underwriting.
  • Strong technical knowledge in the Property space.
  • Recently promoted from Assistant Underwriter to Underwriter.

Responsibilities

  • Underwrite new and renewal property risks.
  • Negotiate terms, conditions, and pricing with brokers.
  • Act as a referral point for junior underwriters.

Skills

Property Underwriting
Technical Knowledge
Broker-facing Skills

Job description

New Vacancy - Underwriter - UK Property

City of London

Lloyd's Syndicate

I am currently recruiting for a leading Lloyd's Syndicate who are seeking a Property Underwriter to join their London Market team.

My client is looking for someone with around 5 years of Property Underwriting experience, ideally someone who has recently been promoted from Assistant Underwriter into an Underwriter role. This role will primarily focus on UK business, writing new and existing business. They need someone with strong technical knowledge in the Property space and good broker-facing skills.

Key Responsibilities

  • Underwrite new and renewal property risks within delegated authority, ensuring alignment with underwriting strategy and business objectives.
  • Negotiate terms, conditions, and pricing with brokers to secure profitable new business.
  • Ensure contract certainty and policy documentation are issued in line with regulatory and internal standards.
  • Act as a referral point for junior underwriters, providing guidance and support on underwriting decisions.
  • Collaborate with internal teams (claims, finance, credit control) to ensure efficient onboarding and servicing of new accounts.
  • Monitor portfolio performance, contribute to MI reporting, and support portfolio reviews.
  • Maintain accurate and timely data entry across underwriting systems to support exposure management and reporting accuracy.
  • Build and maintain strong broker and client relationships to support business growth and market visibility.
  • Stay informed on market trends, regulatory changes, and competitor activity to inform underwriting decisions.
  • Participate in underwriting audits, governance forums, and projects to support continuous improvement.
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