Underwriter jobs in United Kingdom

We are partnering with a well-established Insurance provider to appoint an experienced Underwriter. This role will take full responsibility for pricing and risk strategy across a portfolio of automotive-related warranty and insured products, including GAP insurance, breakdown cover, and MOT protection. This is a key position within the business, offering the opportunity to shape underwriting frameworks, manage risk exposure, and support the development of new product offerings. The ideal candidate will bring a strong mix of technical underwriting capability, commercial insight, and a sound understanding of FCA-regulated products. Key Responsibilities:Lead the underwriting and pricing of extended warranties and ancillary insured productsAnalyse claims trends, performance data, and loss ratios to inform pricing strategiesConduct detailed analytics on pricing performance, identifying opportunities to optimise margins, improve competitiveness, and support commercial decision-makingMaintain underwriting criteria, eligibility matrices, and risk tolerancesCollaborate with cross-functional teams to ensure underwriting aligns with broader business objectivesLiaise with insurer and reinsurance partners to monitor performance, compliance, and capacitySupport the launch of new products through pricing model development and risk assessmentDeliver regular reporting and performance analysis across product linesRequirements:Minimum 2–3 years’ experience in a motor-related underwriting roleStrong analytical skills, with advanced Excel proficiency (SQL or similar tools beneficial)Proven experience in applying analytics to monitor, evaluate, and refine pricing strategiesSolid understanding of FCA regulations and Treating Customers Fairly (TCF) principlesStrong commercial acumen with the ability to apply risk-based thinking to strategyComfortable working autonomously and cross-functionallyOwn vehicle and living within 40 mins’ drive of Reading for 2/3 hybrid days (not central)Benefits include:Additional bonus schemeCompany pensionEmployee discountsOn-site parkingHybrid working