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Underwriter - UK Property

HFG

City Of London

On-site

GBP 50,000 - 70,000

Full time

Yesterday
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Job summary

A leading Lloyd's Syndicate in London is seeking a Property Underwriter to join their team. The ideal candidate should have around 5 years of experience, strong technical knowledge, and excellent broker-facing skills. This role will involve underwriting new and renewal property risks while maintaining strong relationships with brokers and ensuring compliance with internal standards.

Qualifications

  • Around 5 years of Property Underwriting experience.
  • Experience transitioning from Assistant Underwriter to Underwriter.
  • Strong understanding of UK property business.

Responsibilities

  • Underwrite new and renewal property risks within delegated authority.
  • Negotiate terms and conditions with brokers.
  • Collaborate with internal teams for efficient account servicing.

Skills

Property Underwriting
Broker-facing skills
Technical knowledge

Job description

New Vacancy - Underwriter - UK Property
City of London
Lloyd's Syndicate

I am currently recruiting for a leading Lloyd's Syndicate who are seeking a Property Underwriter to join their London Market team.

My client is looking for someone with around 5 years Property Underwriting experience, and ideally someone who has recently been promoted from Assistant Underwriter into an Underwriter role. This role will primarily focus on UK business, writing new and existing business and they need someone with strong technical knowledge in the Property space and someone who has good broker-facing skills.

Key Responsibilities

  • Underwrite new and renewal property risks within delegated authority, ensuring alignment with underwriting strategy and business objectives.
  • Negotiate terms, conditions, and pricing with brokers to secure profitable new business.
  • Ensure contract certainty and policy documentation are issued in line with regulatory and internal standards.
  • Act as a referral point for junior underwriters, providing guidance and support on underwriting decisions.
  • Collaborate with internal teams (claims, finance, credit control) to ensure efficient onboarding and servicing of new accounts.
  • Monitor portfolio performance, contributing to MI reporting and supporting portfolio reviews.
  • Maintain accurate and timely data entry across underwriting systems to support exposure management and reporting accuracy.
  • Build and maintain strong broker and client relationships to support business growth and market visibility.
  • Stay informed on market trends, regulatory changes, and competitor activity to inform underwriting decisions.
  • Participate in underwriting audits, governance forums, and projects to support continuous improvement.
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