Underwriter / Senior Underwriter - Commercial & Third Sector

1 month ago

London, Greater London, United Kingdom Marsh Full time

R_276391 UNDERWRITER / SENIOR UNDERWRITER - COMMERCIAL

Victor and its businesses operate as Managing General Agency (MGA), offering a wide range of commercial combined, property, liability, motor and specialty insurance products in the UK. This is a perfect opportunity for an ambitious individual looking for an opportunity to join a market leading MGA.

What can you expect?

  • Chance to utilise market leading digital platforms to manage day to day trading and products
  • Working within the Commercial Combined team alongside experienced Underwriters to underwrite UK based Commercial risks
  • Liaise with brokers and colleagues to increase profitable relationships both virtually and in person.
  • Issue insurance policies by calculating premium rates as well as negotiating insurance terms and conditions with regional brokers

What you will be rewarded with?

  • We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.
  • Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
  • Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.

We will count on you to:

  • Manage and maintain relationships with regional brokers, colleagues and clients across the UK.
  • Working with the third sector / charity team to help underwrite business and develop successful and meaningful relationships
  • Identify opportunities to offer solutions to existing client/broker (in the UK) accounts by evaluating applicant situation and circumstances and determining insurance risk.
  • Work within your delegated underwriting authority to underwrite both new and existing business.
  • Communicate effectively with senior members of staff to ensure clarity and positive relationships across the business.
  • Put our clients and customers first by working within SLAs and ensuring a high level of service is provided at all times

What you need to have:

  • Insurance experience from an underwriting or broking background.
  • Experience using digital trading platforms
  • Excellent communication skills – verbal and written
  • Desire to further or start a career in agricultural insurance

What makes you stand out:

  • Charity / Third Sector Insurance plus Commercial Combined experience
  • Self-starter and organisation skills to manage your own workload
  • Binding / Delegated authority experience

Victor Insurance Holdings is the world's largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $2.5 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 25,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance coverage – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor Insurance is committed to building on 60-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one "anchor day" per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

#LI-PW #hybrid #victoruk

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