Average Underwriting Manager salary in City of London

A leading player in the bridging finance industry, providing fast and flexible solutions to clients across the UK, due to its continued growth, is looking to hire an experienced Head of Underwriting to lead its bridging finance division, on a hybrid basis. Head of Underwriting - The Role As the Head of Underwriting - Bridging, you will take ownership of the underwriting process for its bridging finance products, ensuring that every deal is assessed with precision and within our risk appetite. You will play a critical role in driving the strategy, developing and mentoring a high-performing team, and shaping the future direction of our underwriting processes. This is an exciting opportunity for a skilled underwriting leader with a passion for bridging finance to make a significant impact. Head of Underwriting Key Responsibilities: Lead and manage the underwriting team, ensuring consistent performance and adherence to company policies and procedures.Oversee the full lifecycle of underwriting for bridging loans, from initial assessment through to deal completion.Develop and implement underwriting strategies to improve efficiency, manage risk, and drive growth.Ensure compliance with all relevant regulations and industry standards.Collaborate with sales, credit, legal, and other departments to ensure smooth and effective deal closure.Provide leadership in evaluating complex cases and providing expert advice.Monitor and report on underwriting performance, including risk exposure and credit quality.Foster a culture of continuous improvement and professional development within the team. Head of Underwriting - Bridging - Experience Extensive experience in underwriting, ideally within the bridging or specialist finance sectors.Strong leadership and team management skills, with a proven ability to develop and motivate a team.In-depth understanding of the UK property market and bridging finance products.Exceptional decision-making and problem-solving abilities.Excellent communication and stakeholder management skills.Strong attention to detail and ability to work under pressure.Relevant qualifications (e.g., CeMAP, CII) would be advantageous. Why Join: Competitive salary and benefits package.HybridA dynamic and collaborative work environment.Opportunities for career growth and professional development.The chance to play a pivotal role in shaping the future of a rapidly growing company.

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.

Our client is a dynamic MGA specializing in the travel insurance market. Their mission is to deliver tailored insurance solutions that meet the diverse needs of their clients, while fostering strong relationships with brokers and partners. They pride themselves on their expertise, responsiveness, and commitment to excellence in the travel insurance industry. Key Responsibilities Evaluate and underwrite travel insurance applications, assessing risk and determining coverage terms.Collaborate with brokers to develop and maintain strong working relationships, providing support and guidance on underwriting decisions.Analyse market trends and competitor offerings to inform underwriting strategies and pricing models.Review documentation to ensure compliance with company policies and regulatory requirements.Prepare and present detailed underwriting reports and recommendations to senior management. Required Skills and Qualifications Proven experience in underwriting, preferably in the travel insurance sector.Strong analytical and problem-solving skills, with a keen attention to detail.Excellent interpersonal and communication skills to effectively engage with brokers and clients.Proficiency in underwriting software and Microsoft Office Suite.