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Senior Commercial Underwriter

Lawes Consulting Group
Posted 2 days ago, valid for 10 days
Location

Witham, Essex CM8 1UG

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role of Senior Commercial Product Development Underwriter offers a salary of £80,000 and is located in Essex.
  • This position requires a background in commercial underwriting, ideally with experience in developing or improving SME insurance products.
  • The responsibilities include designing and refining SME commercial products, collaborating with various teams, and ensuring compliance with regulatory standards.
  • Candidates should possess strong knowledge of SME commercial products, confident pricing skills, and effective communication abilities.
  • A Cert CII qualification or progress towards it is preferred for applicants.

Job title:  Senior Commercial Product Development Underwriter

Salary: £80,000

Location: Essex

PURPOSE OF ROLE 

We're helping a growing insurer hire a Senior Commercial Product Development Underwriter to improve and update their SME products. The role focuses on underwriting, product design, and staying in line with regulations.

RESPONSIBILITIES 

  • Design and refine SME commercial products to align with market needs and business goals
  • Collaborate with underwriting, claims, compliance, and distribution teams to develop and implement product enhancements
  • Support pricing strategies and update policy wordings and terms to improve clarity and performance
  • Ensure all product developments meet regulatory standards and internal governance
  • Conduct competitor and market research to identify emerging risks and opportunities
  • Support product training, documentation, and go-to-market activity across internal and external teams

DAY-TO-DAY 

  • Work with underwriting and data teams to improve products
  • Speak with brokers to gather feedback and share updates
  • Ensure documentation and products meet FCA rules
  • Support marketing with product info and materials
  • Keep up to date with market and regulatory changes

EXPERIENCE 

  • Background in commercial underwriting, ideally SME
  • Experience developing or improving insurance products
  • Used to working with different teams across a business
  • Good understanding of FCA requirements

SKILLS & REQUIRMENTS 

  • Strong knowledge of SME commercial products
  • Confident with pricing and data analysis
  • Clear communicator across teams and partners
  • Interest in digital and data-led underwriting (a plus)
  • Cert CII (or working towards) preferred

If you have the relevant experience or know someone that does please contact me now on 07458 162 859 or email us at

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.