Real Estate/ Property Underwriter

Lawes Consulting Group; Greater London; Hybrid; GBP 41,000 - 50,000; Full time

Job summary

Lawes Consulting Group in London is seeking a Real Estate Underwriter to join our Property & Delegated Authority team. You will assess and underwrite a varied portfolio of commercial property and real estate risks, making informed decisions that support profitable growth and strong portfolio performance.

You will take ownership of underwriting decisions, develop broker and insurer relationships, and collaborate with colleagues and stakeholders to drive the business forward in a fast-paced,

Qualifications

• Previous experience within Commercial Property or Real Estate Insurance.
• Background in an underwriting, underwriting support or broking environment.
• Knowledge of delegated authority or binder arrangements would be advantageous.
• Experience using Acturis or similar insurance platforms would be beneficial.
• Exposure to bordereaux, underwriting data and portfolio analysis would be desirable.

Responsibilities

• Underwrite commercial property and real estate risks in line with delegated authority agreements.
• Assess risk exposures and make informed underwriting decisions based on technical and commercial considerations.
• Manage quotations, renewals and mid-term adjustments.
• Monitor portfolio performance, identifying trends and opportunities to improve profitability.
• Maintain strong underwriting standards and ensure compliance with relevant regulatory requirements.
• Build and develop relationships with brokers, insurer partners and internal stakeholders.
• Identify opportunities to improve processes and contribute towards the wider underwriting strategy.
• Reviewing and assessing new business submissions and existing property risks.
• Evaluating factors including property construction, occupancy, location and claims history.
• Negotiating and producing competitive terms for brokers.
• Managing renewals, quotations and policy amendments.
• Reviewing underwriting data and bordereaux to monitor portfolio performance.
• Working collaboratively with colleagues and external partners to achieve business objectives.

Skills

Technical underwriting

Analytical abilities

Attention to detail

Portfolio profitability

Communication skills

Education

Progress towards CII qualifications

Tools

Acturis

Job description

Job Title: Real Estate Underwriter

Salary: £45,000

Location: London (Hybrid)

PURPOSE OF ROLE

An exciting opportunity has arisen for a Real Estate Underwriter to join a growing specialist Property & Delegated Authority team in London.

This role will involve assessing and underwriting a varied portfolio of commercial property and real estate risks, making informed decisions that support profitable growth and strong portfolio performance.

You will have the opportunity to take ownership of underwriting decisions, develop broker and insurer relationships, and contribute to the ongoing success of an expanding business.

RESPONSIBILITIES

• Underwrite commercial property and real estate risks in line with delegated authority agreements.
• Assess risk exposures and make informed underwriting decisions based on technical and commercial considerations.
• Manage quotations, renewals and mid-term adjustments.
• Monitor portfolio performance, identifying trends and opportunities to improve profitability.
• Maintain strong underwriting standards and ensure compliance with relevant regulatory requirements.
• Build and develop relationships with brokers, insurer partners and internal stakeholders.
• Identify opportunities to improve processes and contribute towards the wider underwriting strategy.

DAY-TO-DAY

• Reviewing and assessing new business submissions and existing property risks.
• Evaluating factors including property construction, occupancy, location and claims history.
• Negotiating and producing competitive terms for brokers.
• Managing renewals, quotations and policy amendments.
• Reviewing underwriting data and bordereaux to monitor portfolio performance.
• Working collaboratively with colleagues and external partners to achieve business objectives.

EXPERIENCE

• Previous experience within Commercial Property or Real Estate Insurance.
• Background in an underwriting, underwriting support or broking environment.
• Good understanding of commercial property risk factors, including construction, occupancy, location and claims experience.
• Knowledge of delegated authority or binder arrangements would be advantageous.
• Experience using Acturis or similar insurance platforms would be beneficial.
• Exposure to bordereaux, underwriting data and portfolio analysis would be desirable.
• Progress towards CII qualifications, or a willingness to study, would be advantageous.

SKILLS

• Strong technical underwriting and analytical abilities.
• Excellent attention to detail and risk assessment skills.
• Commercially minded with an understanding of portfolio profitability.
• Confident communication and relationship-building skills.
• Ability to manage workloads and prioritise effectively in a fast-paced environment.
• Proactive approach with the confidence to take ownership and make decisions.
• Strong team player with a desire to develop and contribute to business growth.