Underwriter

Pen Underwriting; Liphook; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading underwriting firm in the UK is seeking an experienced Underwriter to join their SME & Personal Lines team in Liphook. This role includes the responsibility of driving revenue and profit across the division by making informed underwriting decisions and managing a disciplined portfolio. Candidates should possess strong underwriting experience, effective communication, and organizational skills, contributing to team collaboration and delivering excellent service to brokers. The position provides numerous benefits including competitive salary and flexible holiday options.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Critical illness cover

Discounted gym membership

Qualifications

• Proven ability to plan and prioritise work independently and in a team.
• Effective verbal, written, and electronic communication skills in business situations.
• Skilled in negotiation and persuasion for positive stakeholder solutions.

Responsibilities

• Underwrite and service existing accounts and evaluate new business.
• Provide an excellent standard of service to brokers.
• Evaluate property’s value and safety features for underwriting decisions.

Skills

Proven Underwriting experience

Organisational Skills

Communication

Negotiation

Accountability & Responsibility

Collaboration

Customer Service

Job description

Introduction

>At Pen, we don’t just underwrite risk, we unlock possibility. We’re a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we’re transforming what it means to be an MGA in today’s insurance landscape. Whether you’re shaping new products, solving complex problems, or collaborating across teams, your ideas and initiative will help deliver smarter solutions for our clients—and move the industry forward. Here, agility meets stability. Creativity meets execution. And your career meets real opportunity. At Pen, we champion innovation, value accountability, and thrive on building something better together. If you’re looking to join a team that’s rewriting the future of underwriting, we’d love to hear from you.

Overview

We are recruiting an Underwriter for our SME & Personal Lines team out of our Liphook office.

You will be responsible for driving revenue and underwriting profit across the SME and Personal Lines division, including Pen. You will review risks and make underwriting decisions in line with established controls, appetite, and authority, ensuring disciplined portfolio management. By balancing commercial growth with prudent risk selection, you will deliver sustainable returns for capacity partners while maintaining strong broker relationships and positive customer outcomes.

How you’ll make an impact

• Underwrite and service existing accounts as well as evaluating new business by using prudent and established underwriting practices.
• Provide brokers with excellent standard of service.
• Determine whether to accept, modify or decline business through evaluation of the property’s value, location, usage, safety features and any other information pertinent to making an underwriting decision.
• Actively engaging with brokers to increase/retain books of business and premium income.
• Carry out all duties in line with FCA regulations.
• Ensure any breaches of FCA regulations are reported to line management.

About you

• Proven Underwriting experience within the industry.
• Organisational Skills – Proven ability to plan and prioritise work both independently and within a team to meet targets and deadlines.
• Communication – Effective verbal, written, and electronic communication skills, applied confidently in everyday business situations.
• Negotiation – Skilled in negotiation and persuasion to achieve positive solutions with both internal stakeholders and external partners.
• Accountability & Responsibility – Takes ownership of decisions and outcomes, ensuring compliance with underwriting controls and governance.
• Collaboration – Works effectively with colleagues, brokers, and partners to deliver shared objectives.
• Customer Service – Committed to providing fair, transparent, and value‑driven outcomes for brokers and customers.
• Eligible to work in the UK.

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
• Defined contribution pension scheme, which Gallagher will also contribute to.
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
• Income protection, we’ll cover up to 50% of your annual income, with options to top up.
• Health cash plan or Private medical insurance.

Other benefits include

• Three fully paid volunteering days per year.
• Employee Stock Purchase plan, offering company shares at a discount.
• Share incentive plan, HMRC approved, tax effective, stock purchase plan.
• Critical illness cover.
• Discounted gym membership, with over 3,000 gyms nationally.
• Season ticket loan.
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
• Emergency back‑up family care.
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long‑term health conditions or disabilities. We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail]. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.