Commercial Underwriter

Location:

Central London

Salary:
Competitive Salary + Generous Bonus + Company benefits

Start: ASAP

Working arrangement: hybrid working with 3 days in office 2 days’ work from home

We are supporting a leading Lloyd’s syndicate in the appointment of a Portfolio Underwriting Manager to join their Commercial Motor team.

This is a strategic, data-led role, focused on portfolio performance, pricing insight, and underwriting strategy. It offers a clear pathway into product and leadership roles over time.

This position would suit an experienced underwriter looking to move away from day-to-day trading into a more analytical, forward-looking role, working closely with pricing and product teams to shape underwriting direction.

You will play a key role in managing and improving the performance of the commercial motor portfolio, using data, insight, and market awareness to support profitable growth.

Working closely with Product Managers, Pricing, and Analytics teams, you will contribute to underwriting strategy and help translate performance trends into actionable improvements.

This is not a traditional underwriting role. The focus is on portfolio management, insight generation, and strategic input rather than individual risk underwriting.

• Analyse portfolio performance, identifying trends across loss ratios, pricing adequacy, and segment performance
• Provide insight and recommendations to support underwriting strategy and business planning
• Work closely with Pricing teams to inform model development and rating improvements
• Collaborate with Product teams to refine propositions and improve commercial outcomes
• Monitor and evaluate performance against financial targets, highlighting risks and opportunities
• Support the development of underwriting appetite and selection criteria
• Translate underwriting and market knowledge into practical rules and guidelines
• Contribute to continuous improvement in underwriting performance and decision-making

• 5 to 10 years’ experience in underwriting, ideally within commercial motor (Non-Standard products)
• Exposure to portfolio performance, pricing, or underwriting strategy
• Strong analytical mindset with confidence working with data and MI
• Commercial awareness and an interest in how underwriting decisions impact profitability
• Comfortable working cross-functionally with pricing, analytics, and product teams
• Looking to move into a more strategic, non-trading role

• Opportunity to step into a portfolio-focused, strategic role
• Clear pathway into Product or broader leadership positions
• Exposure to pricing, analytics, and business strategy
• Collaborative and forward-thinking team environment