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Underwriter - Existing Business

hireful

Leeds

Hybrid

GBP 40,000 - 55,000

Full time

3 days ago
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Job summary

A leading insurance group in the UK is seeking an experienced Underwriter to join their Existing Business team. The role involves evaluating risks, managing the renewal process, and collaborating with brokers. Candidates should have prior underwriting experience and strong analytical skills. A competitive salary and hybrid working opportunities are provided. Join a dynamic environment that values creativity and ambition.

Benefits

Competitive salary and benefits package
Professional development opportunities
Hybrid working options

Qualifications

  • Previous experience in underwriting with a focus on existing business.
  • Strong analytical skills to assess risk.
  • Excellent written and verbal communication skills.

Responsibilities

  • Assess and evaluate risks associated with existing insurance policies.
  • Manage the end-to-end renewal process for existing business.
  • Communicate effectively with brokers to understand their needs.

Skills

Analytical skills
Communication skills
Attention to detail
Team player
Proficiency in underwriting software

Education

Degree in business or finance

Tools

Microsoft Office

Job description

Underwriter - Existing Business


Q Underwriting was created from multiple underwriting brands with extensive history in their chosen niches. Q Underwriting provides 30+ niche commercial lines products – all backed by A rated insurers.

All our products are underwritten in-house by Q’s experienced team and can be traded via the Qtrade portal or by direct access to empowered underwriters.

An exciting opportunity exists for an experienced Commercial Underwriter within our Existing Business team

What They Will Be Doing

  • Assess and evaluate risks associated with existing insurance policies to determine appropriate renewal terms and conditions for Charity, Faith and Recruitment products
  • Manage the end-to-end renewal process for existing business, ensuring compliance with company guidelines and regulatory requirements.
  • Communicate effectively with brokers to understand their needs and provide tailored solutions for their clients.
  • Prepare and process documentation for policy amendments and renewals.
  • Analyse market trends to recommend competitive pricing strategies and coverage options.
  • Collaborate with the underwriting team, Insurer and MGU as appropriate to ensure a seamless customer experience.
  • Ensure all underwriting activities comply with relevant laws, regulations, and internal policies.
  • Report to the Team Leader – Renewals, supporting the team in the preparation and distribution of renewals across products.

What We Are Looking For

  • Previous experience in underwriting, ideally with a focus on existing business, MTA’s and Renewals within the insurance sector.
  • Strong analytical skills with the ability to assess risk and make informed decisions.
  • Excellent written and verbal communication skills for effective client and broker interaction.
  • High attention to detail and accuracy in documentation and decision-making.
  • Good understanding of cross class insurance products and current market trends across Property/Liability/Executive risks
  • Previous experience in Charity, Faith, or Recruitment sector advantageous
  • Proficiency in underwriting software and Microsoft Office applications.
  • A collaborative team player with a proactive and customer-focused approach.
  • Relevant educational background (e.g., degree in business, finance, or related field) and professional underwriting qualifications are advantageous.

What You Will Get

  • The opportunity to join a dynamic and supportive team within a leading insurance group.
  • Hybrid working offered from Leatherhead, Gloucester, or Leeds office locations.
  • Professional development and career progression opportunities.
  • Competitive salary and benefits package.
  • The chance to work with a variety of insurance products and develop strong relationships with brokers and clients.

Why PIB Group?

PIB Group is one of the UK’s fastest-growing insurance businesses, offering real career progression, professional development, and a collaborative culture where your work truly matters.
We encourage our people to be collaborative, with entrepreneurship at our core. We are a fast-paced, growing organisation and an exciting place to be.
We also value ambition and creative thinking. You don’t have to tick every box to apply, if you bring fresh ideas and a drive to grow, we’d love to hear from you!

Inclusion & Accessibility

We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation, or any other characteristic protected by law.

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