Lawes Consulting Group
Commercial Underwriting Manager

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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.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
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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