Underwriter - Portfolio Solutions

CNA Hardy; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

CNA Hardy is seeking a Portfolio Solutions Underwriter to support growth and governance of facilities, consortia and delegated underwriting arrangements. You will apply data-led portfolio insight and collaborate with cross-functional teams to drive sound underwriting decisions in a dynamic Lloyd’s market.

Ideal candidates bring underwriting expertise in delegated structures, portfolio performance assessment and governance, with strong analytical and stakeholder-management skills for risk,

Qualifications

• Understanding of insurance underwriting theories and delegated/portfolio underwriting.
• Experience assessing portfolio performance and making clear recommendations to support referrals and underwriting decisions.
• Knowledge of underwriting governance, due diligence and referral processes.
• Experience in Portfolio Solutions, delegated underwriting or Lloyd's market advantageous; familiarity with PPL and Whitespace platforms.
• Strong analytical, problem-solving, communication and stakeholder-management skills.

Responsibilities

• Manage delegated arrangements: day-to-day underwriting of existing deals, endorsements and new proposals.
• Assess opportunities: review submissions, contract docs, due diligence materials and financials for alignment with appetite and objectives.
• Oversee governance: monitor activity, ensure compliance with terms and governance frameworks, escalate where needed.
• Analyse portfolio performance: evaluate profitability, mix and trends using data to identify risks and opportunities.
• Build partnerships: work with Actuarial, Delegated Underwriting, ECM, Compliance, Finance, brokers and stakeholders.

Skills

Underwriting knowledge

Portfolio insight

Governance awareness

Market experience

Analytical & collaboration

Tools

PPL

Whitespace

Job description

At CNA Hardy, great people don’t just join us - they grow with us, lead with purpose, and help shape the future of our business and the industry.

We exist to help businesses navigate an unpredictable world and we do that through the expertise, integrity and commitment of our people. Every role contributes to protecting businesses, livelihoods and communities, giving our people the opportunity to make a meaningful and visible impact.

The Role

We are currently hiring for a Portfolio Solutions Underwriter to join our Portfolio Solutions team. This role will support the profitable growth and effective governance of our facilities, consortia and other delegated underwriting arrangements, combining disciplined underwriting judgement with data-led portfolio insight and collaborative stakeholder engagement.

What You’ll Be Doing

• Manage delegated arrangements: Support the day-to-day underwriting of existing deals, endorsements and new proposals across facilities, consortia and other portfolio solutions.


• Assess opportunities: Review underwriting submissions, contract documentation, due diligence materials and financial information to determine quality, viability and alignment with appetite, standards and portfolio objectives.


• Oversee governance: Monitor underwriting activity throughout the contract lifecycle, ensuring compliance with agreed terms, delegated authorities and governance frameworks, with clear referral and escalation where required.


• Analyse portfolio performance: Assess profitability, portfolio mix, indexation metrics and emerging trends, using data, analytics and AI-enabled tools to identify risks, opportunities and areas requiring management attention.


• Build effective partnerships: Work closely with Actuarial, Delegated Underwriting, ECM, Compliance, Finance, brokers and other stakeholders to progress sound underwriting and portfolio management decisions.

What We’re Looking For

• Underwriting knowledge: A sound understanding of insurance underwriting theories and practices, ideally gained within delegated or portfolio underwriting arrangements.


• Portfolio insight: Experience assessing portfolio performance, identifying key underwriting issues and making clear recommendations to support referrals and underwriting decisions.


• Governance awareness: An understanding of underwriting governance, due diligence and referral processes, including relevant policies and authority levels.


• Market experience: Experience in Portfolio Solutions, delegated underwriting or Property portfolios within the Lloyd’s market would be advantageous, alongside familiarity with placement platforms such as PPL and Whitespace.


• Analytical and collaborative approach: Strong analytical, problem-solving, communication and stakeholder-management skills, with the ability to work independently, manage priorities and escape issues appropriately

The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.