Scheme Development Underwriter

JR United Kingdom; Colchester; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading company in the insurance sector is seeking a Schemes Development Underwriter to manage and grow a profitable portfolio. This role offers a hybrid working model, competitive salary, and a comprehensive benefits package, including private medical care and bonuses for overperformance.

Benefits

BUPA private medical & dental

Life assurance & critical illness cover

Sabbaticals & extra holiday for tenure

Comprehensive benefits including pension

Modern office with advanced technology

Qualifications

• Proven experience as an underwriter, ideally within commercial lines or schemes.
• Strong track record of building and managing broker relationships.
• Confidence in managing a portfolio and driving performance improvements.

Responsibilities

• Build and maintain strong broker relationships to develop profitable schemes.
• Underwrite new and existing business on a case-by-case basis.
• Monitor and manage your portfolio, identifying opportunities.

Skills

Analytical mindset

Relationship management

Data interpretation

Independent work

Collaboration

Job description

Job Title: Schemes Development Underwriter

Join a business with a modern, data-driven approach as a Scheme Development Underwriter to advance your career. You will own and manage your portfolio, its growth, and your personal development plan.

This role is within a schemes division known for its success and market reputation. It offers an opportunity to build on an established, profitable schemes portfolio and further develop a high-performing team.

Location:

Colchester (Hybrid Working)

Salary and Benefits:

• £45,000 - £60,000 + 15% bonus (with multipliers for overperformance)
• BUPA private medical & dental
• Life assurance & critical illness cover
• Sabbaticals & extra holiday for tenure
• Modern firm using innovative techniques and technology to drive growth
• Market leader in schemes and specialist insurance

Key Responsibilities:

• Build and maintain strong broker relationships to develop profitable schemes.
• Underwrite new and existing business on a case-by-case basis and at account level.
• Monitor and manage your portfolio, identifying opportunities and making strategic adjustments.
• Refine and evolve underwriting guides to stay competitive.
• Lead broker workshops to share insights and enhance underwriting knowledge.
• Ensure governance, compliance, and efficiency in underwriting practices.
• Take ownership of delivering profitable growth and maintaining a high-performing portfolio.

Candidate Requirements:

• Proven experience as an underwriter, ideally within commercial lines or schemes.
• Strong track record of building and managing broker relationships.
• Analytical mindset with the ability to interpret data and make informed decisions.
• Confidence in managing a portfolio and driving performance improvements.
• Collaborative approach with the ability to work independently.

What You’ll Get:

• Salary of £45,000 - £60,000 plus 15% bonus (with overperformance multipliers)
• Comprehensive benefits, including pension, medical, and lifestyle perks
• Modern office in Colchester with advanced technology and systems
• Hybrid working model for flexibility and collaboration

If you’re ready to take the next step as a Schemes Development Underwriter, we want to hear from you. Please apply or contact us for more information.