Banner Default Image

Apply Now

Property Underwriter

  • Location

    Bury St Edmunds

  • Sector:

    Accountancy & Finance

  • Job type:


  • Salary:

    £30000 - £40000 per annum

  • Contact:

    Wayne De'Ath

  • Contact email:

  • Contact phone:


  • Job ref:


  • Published:

    about 2 months ago

  • Expiry date:


  • Start date:


  • Consultant:


Job Title: Property Underwriter
Location: Bury St Edmunds
Salary: £Competitive

Role Overview:

An exciting opportunity has emerged for an experienced Property Underwriter to join our client's team of non-standard property specialists. We seek an individual with proven in-depth experience in residential property underwriting. The successful candidate will thrive in a dynamic and expanding new business team, contributing judgment, flexibility, and expertise.


  • Negotiate with brokers, analyze insurance proposals, and underwrite risks in line with company procedures.
  • Handle new business enquiries within allocated authority levels, following the company's underwriting guide.
  • Develop and maintain strong relationships with key brokers, clients, and stakeholders.
  • Act as a technical referral point for the New Business department, ensuring the sharing of technical expertise.
  • Demonstrate professional communication, achieve contract certainty, and issue accurate policy documentation.
  • Proactively support the acquisition of new business and represent the company externally.
  • Support the development and execution of underwriting strategy.
  • Report issues, concerns, and feedback to the relevant Associate Director.
  • Recommend timely changes/updates to underwriting appetite, guides, pricing, and wordings.
  • Stay informed about market developments and provide recommendations for action.
  • Work towards set monthly targets, including profitability, GWP, conversion, quotes per day, turnaround times, and workflow management.
  • Follow underwriting and pricing knowledge and guidance from the Senior Management Team to meet performance commitments.
  • Comply with laws, regulations, and key regulatory, conduct, and risk management requirements in the insurance market.
  • Utilize available actuarial information, statistics, and underwriting experience when considering acceptance, terms, and premiums.
  • Make effective decisions when dealing with complex issues, justifying underwriting decisions and maintaining detailed and accurate records.
  • Provide excellent customer service to build strong relationships with brokers.
  • Act as the delegated underwriter for agreed brokers, offering a bespoke service when required.
  • Undertake required training to ensure effective role performance.
  • Authorise new business policies underwritten within the New Business Underwriting Team.

Key Result Areas:

  • Consistent and professional communication
  • Contract certainty and accurate policy documentation
  • Proactive support for new business acquisition
  • Positive representation of the company externally
  • Support for underwriting strategy development and execution
  • Timely reporting and recommendation of changes
  • Achievement of set monthly targets
  • Compliance with laws and regulations
  • Effective utilisation of available information and underwriting experience

Skills and Competencies:

  • Established underwriting experience and knowledge.
  • Excellent communication and negotiation skills.
  • Problem-solving ability and thinking outside the box.
  • Comfortable working under pressure in a fast-paced environment.
  • Strong interpersonal and relationship-building skills.
  • Good market and competitor knowledge.
  • Understanding of TCF principles and CIDRA.
  • Attention to detail.


  • Minimum Cert CII.
  • A-Level standard qualifications.

Experience Required:

  • Minimum of 7 years' experience in Property Underwriting or
  • Minimum of 5 years' experience in non-standard property underwriting.

Technical Experience:

  • In-depth understanding of Residential Property Insurance.
  • In-depth understanding of Property Insurance Underwriting.
  • General understanding of Property Insurance Claims.
  • General understanding of FCA GI Regulation.