Average Assistant Underwriter salary in the UK

An exciting opportunity for an experienced commercial underwriter to join a thriving schemes broker based in Croydon. As an underwriter you play a pivotal role in supporting their direct and wholesale teams by handling various underwriting referrals and inquires. You will also contribute to coaching and developing others and well as providing technical contact for their Operations trainer.  Key Responsibilities: Underwrite new business quotations, mid-term adjustments, and renewals within delegated authority guidelines.Handle technical team queries by phone and email.Conduct triage on system-generated renewals and identify policies that require additional information.Refer scenarios outside of delegated authority to insurers for pricing, coverage, and policy conditions.Ensure compliance with regulatory procedures and adhere to team KPIs, service standards, and targets.Contribute to coaching and training and promote a culture of excellent customer service and continuous improvement. Qualifications and Experience: A minimum of 3 years commercial combined underwriting experience gained either working for a MGA, Insurer or Schemes Broker.Broad range of commercial insurance experience is desirableStrong understanding of best practices in customer service.Proficiency in underwriting software, such as Acturis.Excellent communication skills, both verbal and written, with the ability to communicate effectively at all levels.Strong attention to detail, excellent time management, and the ability to work under pressure.  Benefits: Competitive salary and benefits packageHybrid working/ flexible working arrangementsOpportunities for professional development and growthSupportive and inclusive company culture Please apply for the vacancy with your latest CV. Please note that our consultants are trying their best to assist you, however, if you do not hear from us within 2 working days then please consider your application unsuccessful at this stage. At Insure Recruitment, we work with clients who are dedicated to building a diverse, inclusive, and authentic workplace. So, if you’re excited about this role but your past experience doesn’t align perfectly with every qualification or criteria in the above description, we encourage you to apply anyway. You may be exactly what we’re looking for in this or other roles.

Job description: We have an exciting opportunity for an Underwriter to join the team, based in either our Leeds or Manchester office. Purpose of the job: The Underwriter will operate as part of the Underwriting Team, to assess and underwrite new business propositions within your own mandate ensuring that all recommendations for lending sanctions are in accordance with the Credit Policy. This includes delivery of best practices to effectively and efficiently safeguard the company's position. Responsibilities: Act as 1st underwriter and/or due diligence support for deals outside of your own mandate.Support the Risk Director in ensuring the risk framework of the business is robust and remains so as the business grows.Provide underwriting and credit risk awareness training to the wider business.Support the Business Development team in structuring new business proposals.Provide credit oversight to ensure new and existing facilities are written in accordance with credit policy and appetite.Share best practice across the business, driving efficiencies and consistency across the Regions.Support the wider Risk team with ad-hoc tasks as required. Skills & Experience: Experience of property backed lending, with a wider Asset Based lending background.Deal structuring experience of working with the available asset base and any secondary security.A solid understanding and ability to analyse and interpret financial statements.Strong financial and commercial awareness.Experience of coaching and developing colleagues.Keen attention to detail, including the administration and handling of client data.Time management skills - prioritise work effectively and be able to work under pressure to meet agreed service levels, whilst maintaining high accuracy.Good analytical and problem-solving skills.Excellent communication skills.The ability to work collaboratively and engage with the wider business, key stakeholders and third parties. Requirements: You may be required to travel to our attend events and other offices, these may include an overnight stay. Benefits: In addition to a competitive salary, you’ll also benefit from: 28 days annual leave, plus bank holidays.An extra day’s annual leave for your birthday.An employer pension contribution of 10% of your base salary.Access to a range of gym & retail discounts and perks.Company paid for Private Medical Insurance, Health Cash Plan and Employee Assistance program.Death-in-Service benefit of four times your salary.Salary sacrifice scheme to purchase an electric car.Bonus - dependent on personal performance.Job Types: Full-time, Permanent. Schedule: Monday to Friday. Education: GCSE or equivalent (preferred). Work Location: In person.

Are you a seasoned Property Underwriter looking for a new challenge? Our client is a leading global insurer with a rich history and a strong, inclusive culture. They foster an environment where new ideas are welcomed, and employee growth is a top priority. With a focus on innovation and development, they offer a dynamic and supportive workplace where you can thrive and make a real impact. If you're driven, collaborative, and ready to make an impact, this is your opportunity! Senior Property Underwriter responsibilities: Underwrite and trade profitable risks, staying aligned with company strategy.Lead by example and support Assistant Underwriters as the go-to expert.Develop and nurture a strong pipeline of new business opportunities.Collaborate with teams to deliver top-notch propositions to brokers and clients.Actively contribute to the growth and success of the Property Department. What We’re Looking For: Strong experience in Commercial Property underwriting.In-depth knowledge of property insurance, risk assessment, and financials.CII Diploma (or equivalent) is preferred but not essential.Strong negotiation, decision-making and communication skills.A proactive approach with the ability to thrive under pressure. Benefits of the Senior Property Underwriter: Competitive salary of up to £65k, based on experience.Flexible work options with a modern and vibrant office environment.Attractive retirement benefits to help you plan for the future.Comprehensive insurance packages, keeping you and your family well-covered.Generous holiday allowance and special recognition for long service.Family-friendly policies, including enhanced maternity and returners programme.Wellbeing initiatives such as mental health support, and an on-site well-being space. Join a team that values innovation, collaboration, and continuous growth. Ready to take your career to the next level? Apply today! If you are looking for a strong move in your Property Underwriting career, don’t delay and apply with your CV today! Want to learn more? Call one of our specialist consultants and quote job reference NJR16547