Portfolio Underwriter - Autofollow

Role

Title:

Portfolio Underwriter Department: DAP - Autofollow

Location:

London Type:
Permanent About the Role

We are building a new autofollow portfolio proposition in the Lloyd's / London Market, starting with Property and expanding into a genuinely multi-line business over time, with Financial Professional Lines (Fin Pro) identified as the next priority through several existing broker-led initiatives.

This is a founding hire into a two-person leadership team reporting directly into the Head of Autofollow. You will be one of the first people in the door, and your role is to hold the pen and put the portfolio strategy into action — underwriting and onboarding business through a systematic, data-led, algorithmic approach, rather than assessing risks purely on an individual, case-by-case basis.

We are open to candidates from underwriting, actuarial, data science or portfolio management backgrounds. What matters most is the ability to learn fast, work across a wide variety of problems, and make sound commercial decisions at pace, using data and automation as core underwriting tools rather than an afterthought. Given the pace and scope of this build, you'll need to be equally comfortable negotiating with a broker one moment and interrogating a bordereau or pricing output the next.

This is a genuine opportunity to shape a market-leading proposition from the ground up, with a clear path to owning a sub-portfolio as the business scales.

• Our new autofollow team sits within our Delegated Practice Group consisting of underwriting, operations, claims and actuarial into a single centre of excellence.
• Agile work environment – office and homeworking
• The chance to be a part of the cutting edge of the Lloyd’s and London market as we help pioneer the digitisation of this 300 year old industry.

• Contribute underwriting and market insight to the design of the target portfolio shape for both short-tail and long-tail lines of business.
• Help shape the algorithmic trading strategy, providing real-world underwriting perspective to ensure rules, triggers and parameters are commercially sound and market-credible.
• Identify attractive opportunities for portfolio growth, based on market dynamics, broker relationships, and emerging themes across target lines of business.
• Support the development of underwriting frameworks and authorities that enable disciplined, scalable growth through facilities, delegated structures and broker partnerships.
• Help build the case for expansion into new lines of business, bringing underwriting credibility and broker relationships to support entry into areas.
• Contribute to the long‑term structure of the team, including how future sub‑portfolios and hires should be organised as the proposition grows.

• Hold underwriting authority for the autofollow portfolio, underwriting business in line with the agreed algorithmic strategy, business plan and personal authority.
• Lead the onboarding of new business, facilities and broker/cover holder relationships, ensuring underlying data, structures and controls meet the standards required for a systematic, autofollow trading model.
• Execute and refine the rules‑based trading strategy in partnership with the team, applying underwriting judgement to challenge, calibrate and improve the systematic approach based on real market experience.
• Negotiate commercial terms, structures and parameters with brokers and coverholders for new and renewal business, facilities and delegated arrangements.
• Assess new opportunities at portfolio level, balancing growth, profitability, diversification and volatility management rather than underwriting purely risk‑by‑risk.
• Use data, bordereaux and performance analytics…