Underwriter (Wholesale Business) – 28740

The Emerald Group; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

The Emerald Group in London is seeking an experienced underwriter to assess and underwrite commercial risks such as SME packages, commercial combined, and property owner risks. You will review risk submissions with brokers, provide pricing recommendations, and ensure compliance with regulatory requirements and internal frameworks.

Candidates should have a Cert CII or equivalent, and Dip CII with progress toward ACII is preferred.

Qualifications

• MS Office proficiency including Word, Excel and PowerPoint is essential.
• Minimum 3 years of underwriting experience in SME package, commercial combined or property owner risks.
• Knowledge of the UK general insurance market and regulatory practices is required.

Responsibilities

• Assess and underwrite risks including SME package, commercial combined, property owner and liability risks.
• Review and analyse risk submissions, working with brokers to gather information for risk assessment.
• Provide accurate pricing recommendations and terms following underwriting guidelines and business strategy.
• Ensure compliance with regulatory and legal requirements and the Underwriting Framework.

Skills

MS Office proficiency

Underwriting experience

UK general insurance knowledge

Education

Cert CII or equivalent

Dip CII (and ACII progress)

Tools

MS Office (Word/Excel/PPT/Teams)

Job description

Responsible for underwriting commercial risks through broker channel

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Assess and underwrite risks, including but not limited to SME package, commercial combined, property owner and liability risks
• Review and analyse risk submissions, working with brokers to gather all necessary information for risk assessment
• Provide accurate pricing recommendations and terms following the Company’s underwriting guidelines and business strategy
• Ensure compliance with all regulatory and legal requirements, as well as the Underwriting Framework in the business process
• Cert CII or equivalent professional qualification
• Dip CII and progressing towards ACII qualification is preferred but not required
• Minimum 3 years of underwriting experience of SME package, commercial combined or property owner risks
• Knowledge of the UK general insurance market and relevant regulatory practices and legislations
• Proficiency in MS Office package, including Word, Excel and PPT and use of Teams