Average Underwriter salary in London

Are you an experienced Underwriter looking to join a dynamic, values-led organisation with a strong industry reputation and a collaborative culture? IDEX Consulting has been exclusively retained to lead the search for a Senior Underwriter to join a highly regarded insurance provider based in London. This is a rare and exciting opportunity to be part of an organisation that is known for its technical excellence, stability, and commitment to delivering tailored insurance solutions. The RoleYou'll be a key member of the underwriting team with responsibility across Property and Liability lines of business. This is a technically engaging role where you'll be trusted to make informed decisions, contribute to strategy, and work across the business to deliver high levels of service to a diverse portfolio. Responsibilities include: Underwriting Property and Liability risks with a focus on complex, bespoke solutions.Working cross-functionally with internal teams such as Claims and Relationship Management to ensure seamless service delivery.Contributing to the development and execution of underwriting strategy.Preparing tender documentation and quotations to support new business opportunities.Monitoring the performance and value of service providers to ensure continued high standards.Coordinating renewal information and liaising with insurers/reinsurers.Supporting risk aggregation reviews and participating in scenario analysis.Assisting with thought leadership and content creation for bulletins, newsletters, and digital platforms. What We're Looking For: Experience in Property and Liability underwriting.Proven technical expertise and a strong understanding of risk.An insurance qualification is preferred.Excellent communication skills and the confidence to represent the organisation externally.Strong stakeholder engagement skills and a proactive, team-oriented mindset. Why This Role? Influence and impact - A position where your voice is heard and your input shapes the future.Stability and credibility - Join an organisation with an outstanding track record and a focus on long-term value. Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

Underwriter - Bridging Finance Location: London (Hybrid - 2 days in office)Salary:£45,000 - £60,000Hours: 9:30 AM - 5:30 PMReporting To: Credit Manager About the Role Our client, a well-established and growing bridging finance company, is looking for an experienced Underwriter to join their expanding team. This is a fantastic opportunity to be part of a fast-paced and dynamic environment, working on a range of bridging and short-term lending cases. If you enjoy working in a deadline-driven setting, have strong underwriting, organisational, and relationship management skills, and are looking to join a company that values professional growth, this could be the perfect fit for you. Key Responsibilities Underwrite bridging loan applications within company lending criteria and funding partner guidelinesManage a pipeline of cases efficiently, handling high volumes while maintaining top-tier customer serviceApply commercial acumen and a pragmatic approach to mitigate risks where possiblePrepare detailed Credit Papers, outlining lending decisions and recommendationsAssess new enquiries, structuring and pricing cases while identifying key conditionsOversee loan applications from enquiry to completion in a timely and efficient mannerReview and prepare loan documentation for third-party stakeholdersIdentify and mitigate risks, including fraud and money laundering concernsBuild and maintain strong relationships with brokers, valuers, solicitors, and internal teamsStay up to date with industry regulations and best practices Experience and Skills Required Experience in bridging or short-term lending underwritingStrong understanding of compliance, MCOB, and CCA regulationsKnowledge of fraud prevention measures and risk managementAbility to work independently and as part of a team in a fast-paced environmentCommercially aware with excellent communication and stakeholder management skillsStrong ability to prioritise multiple tasks and meet deadlines Benefits Private medical insuranceCycle to work schemeDiscretionary annual bonusHoliday buy-back schemeMonthly team socialsSummer and winter company eventsHybrid workingEmployee recognition and rewardsFundraising events If this sounds like an opportunity you would be interested in, please get in touch to discuss further. Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please note that our client is an equal opportunities Employer and adheres to all relevant legislation and offer services regardless of age, race, sex, disability, or religious belief.

An insurance broking client of ours is looking for an Underwriting Operations Analyst to join their growing team. As an Underwriting Operations Analyst, you will play a key role in supporting the underwriting department’s day-to-day operations. You will help optimise processes, ensure efficiency, and contribute to the accurate and timely execution of underwriting policies and practices. The ideal candidate will have a strong analytical mindset, experience in operations, and a passion for improving business workflows. Hybrid working with 2/3 days per week required in the office in central London. Key Requirements: Experience working within the Delegated Underwriting Authority/insurance market.Bachelor’s degree in mathematics, Finance, Economics, or related field (or equivalent experience).Strong analytical and problem-solving skills, with a keen eye for detail.Excellent communication and interpersonal skills.Strong proficiency in MS Office (Excel, Word, PowerPoint); experience with data visualization tools is a plus.Ability to work under pressure and manage multiple tasks in a fast-paced environment.Knowledge of insurance products, regulatory standards, and compliance requirements is advantageous. Key Responsibilities: Account handling: support the activities for all matters related to delegated underwriting including guiding and supporting coverholders through the application process, bordereaux production, ongoing monitoring and data analytics.Organisation: promote strong time-management skills, attention to detail and ability to manage multiple tasks simultaneously. Ensure smooth workflow and operational efficiency across various functions.Communication: effectively communicate with clients, underwriters and colleagues in a professional and timely manner.Representation: represent the interests of clients and C J Coleman in the marketplace.Relationship Management: develop and maintain excellent relationships with intermediaries, underwriters and colleagues.Develop: work alongside senior colleagues to expand your understanding of delegated underwriting and binding authorities.