Underwriting Manager - Digital SME

SPE Travelers Management, LTD; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance company seeks an Underwriting Manager for the Digital SME portfolio in London. The role involves managing underwriting strategies, analyzing risks, and ensuring profitability while collaborating with brokers. You'll have opportunities for hybrid working and a supportive environment for your professional growth.

Benefits

Private Medical Insurance

Retirement contributions

Minimum 25 days holiday entitlement

Wellness Programme

Volunteer Encouragement

Qualifications

• Expert knowledge of products and the local insurance market.
• Advanced experience in underwriting and financial analysis.
• Experience coaching and mentoring others.

Responsibilities

• Manage SME portfolio to ensure profitability and growth.
• Negotiate terms and analyze risks.
• Implement underwriting standards across the portfolio.

Skills

Analytical/Critical thinking

Communication/Influence

Leadership

Education

A-Levels or similar qualification

Job description

Social network you want to login/join with:

Underwriting Manager - Digital SME, London

Client: SPE Travelers Management, LTD

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 95d43ea92a8b

Job Views: 21

Posted: 18.06.2025

Expiry Date: 02.08.2025

Job Description:

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category: Underwriting

Target Openings: 1

What Is the Opportunity?

Business Insurance (BI) SME provides Property and Casualty insurance for Small to Medium sized businesses through our Broker networks and deals with high volume eTrade Insurance. We are looking for an Underwriting Manager to manage the SME portfolio, partnering with the VP, SME, and brokers to provide insurance solutions. You will analyze and evaluate risk, shape and execute strategic initiatives, and ensure underwriting standards are maintained across the portfolio. This role involves managing relationships, negotiating terms, and analyzing portfolios to drive profitability and growth. Travelers Europe offers flexible hybrid work arrangements, and this role is eligible for a £5,000 new joiner bonus.

What Will You Do?

• Implement and monitor underwriting appetite & rules in collaboration with US/CAN and Europe teams.
• Work with product development on coverage analysis and product optimization.
• Ensure proper use of data and risk management tools.
• Provide underwriting guidance and manage portfolio profitability, growth, and retention.
• Underwrite, negotiate risks, and manage risk adjustments.
• Proactively manage the SME portfolio, target new business and retention.
• Utilize technology platforms for quoting and binding risks.
• Lead underwriting reviews and maintain relationships with internal and external partners.
• Develop and deliver underwriting training materials.

What Will Our Ideal Candidate Have?

• Expert knowledge of products, regulations, and the local insurance market.
• Ability to manage portfolios and execute strategic directions.
• Strong analytical, negotiation, and communication skills.
• Leadership experience and ability to work with diverse teams.
• Experience in industry analysis and project management.

What is a Must Have?

• UK: A-Levels or similar qualification.
• Extensive experience in underwriting, risk assessment, or related fields.

What Is in It for You?

• Private Medical Insurance, with options for dependents.
• Retirement contributions and pension benefits.
• Minimum 25 days holiday, with options to purchase more.
• Wellness programs and mental health support.
• Volunteer and community engagement opportunities.

Employment Practices

Travelers is an equal opportunity employer. We value diversity and encourage all qualified individuals to apply.