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Lawes Consulting Group

Commercial Underwriting Manager

London
£80k – £100k/yr
Posted 2 days ago
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Commercial Underwriting Manager

Salary: Up to £100,000
Location: London
Sector: Commercial Insurance – Property & Casualty

Purpose of Role

A leading London-market MGA is seeking an experienced Commercial Underwriting Manager to lead and develop their Property & Casualty underwriting function. This is a senior leadership role responsible for driving profitability, maintaining underwriting discipline, and mentoring a team of underwriters across a broad commercial book of business.

Responsibilities

  • Own and manage the commercial P&C underwriting portfolio, ensuring profitability and growth targets are met.
  • Set and enforce underwriting guidelines, risk appetite, and pricing frameworks in line with business strategy.
  • Lead, mentor, and develop a team of underwriters, fostering a high-performance culture.
  • Build and maintain strong broker relationships to drive new business and retain existing accounts.
  • Collaborate with actuarial, claims, and finance teams to deliver data-driven underwriting decisions.
  • Monitor market trends and competitor activity, adapting strategies to maintain a competitive edge.
  • Report underwriting performance to senior leadership, providing insight and recommendations.

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£35,000/yr

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Day-to-Day

  • Review, assess, and sign off on complex and high-value commercial risks within delegated authority.
  • Conduct portfolio reviews and contribute to quarterly business planning cycles.
  • Attend broker meetings and market events to maintain and develop new business pipelines.
  • Provide technical guidance and referral support to junior underwriters.
  • Oversee adherence to regulatory requirements and internal compliance frameworks.

Experience

  • 5–8 years of commercial underwriting experience, with at least 2 years in a managerial or lead capacity.
  • Demonstrable expertise across Property & Casualty commercial lines.
  • Proven track record of managing profitable books of business within a London market or Lloyd's environment.
  • Experience working with brokers and managing key account relationships.
  • Background in portfolio management, pricing strategy, and risk analysis.

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Skills

  • Strong technical underwriting knowledge across commercial P&C product lines.
  • Excellent leadership and people management skills with the ability to develop talent.
  • Commercially astute with strong negotiation and relationship-building abilities.
  • Analytical mindset with proficiency in using data and MI to inform underwriting decisions.
  • Effective communicator at all levels, from underwriting teams to senior stakeholders.
  • ACII qualified or working towards qualification (preferred).
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Skills

Commercial Underwriting
People Management
Portfolio Management
Pricing Strategy
Risk Analysis
Broker Relationship Management
Negotiation
Data Analysis
Regulatory Compliance
Technical Underwriting

Location

London, England, United Kingdom

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