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Lawes Consulting Group

Underwriting Manager

London
£95k – £100k/yr
Posted about 19 hours ago
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Underwriting Manager – Mid-Market Insurance

Location: London (Hybrid)
Salary: £95,000 – £100,000 + Bonus

The Role

We are seeking an experienced Underwriting Manager to lead and develop a team of underwriters focused on Mid-Market commercial lines. This is a pivotal role for a technically strong underwriting leader who combines hands-on underwriting expertise with people management and portfolio oversight, driving profitable growth across a diverse book of business.

Key Responsibilities

  • Lead, coach, and develop a team of underwriters, setting clear performance expectations and supporting technical and professional development
  • Hold personal underwriting authority for Mid-Market lines, referring and reviewing risks above team members' authority levels
  • Own portfolio performance for the Mid-Market book, monitoring GWP, loss ratios, retention, and new business growth against target
  • Set and maintain underwriting philosophy, risk appetite, and referral guidelines in line with the wider underwriting strategy
  • Build and maintain strong relationships with broker partners, supporting the team on complex placements and renewals
  • Partner with pricing, actuarial, and claims teams to ensure underwriting decisions are informed by accurate data and emerging trends
  • Monitor market conditions and competitor activity, adjusting appetite and pricing strategy as needed
  • Ensure the team's compliance with regulatory requirements, internal governance, and audit standards
  • Contribute to product development and the evolution of policy wordings for Mid-Market lines
  • Report on portfolio performance and team output to senior underwriting leadership

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PwC·London, UK
£35,000/yr

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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.

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About You

  • Proven underwriting experience across Mid-Market commercial lines (e.g. Commercial Combined, Property, Casualty, or similar)
  • Prior experience managing, mentoring, or leading an underwriting team
  • Strong technical underwriting judgement with a track record of profitable portfolio management
  • Confident communicator with established broker relationships and strong negotiation skills
  • ACII qualified or working towards, with a strong understanding of regulatory and compliance requirements
  • Commercially astute, with the ability to balance growth ambitions against risk and profitability
  • Comfortable operating in a hybrid environment, with regular time in the London office

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What's on Offer

  • Salary of £95,000 – £100,000, dependent on experience
  • Performance-related bonus
  • Hybrid working model
  • The opportunity to shape underwriting strategy and grow a high-performing team within a Mid-Market portfolio
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Skills

Underwriting
People Management
Portfolio Management
Risk Appetite Setting
Broker Relationship Management
Commercial Lines
Technical Underwriting
Negotiation
Regulatory Compliance
Product Development
Financial Reporting
Coaching

Location

London, England, United Kingdom

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