Senior Underwriter

Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 49,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you'll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality.

We believe that every candidate brings something special to the table, including you So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Pen Underwriting Risk Managed Commercial are looking for an experienced, Senior Underwriter to join our team. The role will focus on underwriting and servicing new, existing or both new and existing accounts.

Using sound judgement, industry knowledge and discernment to evaluate new business; provide a solid contribution towards income, profit and EBITDAC.

Provide mentorship to more junior members of the team; your knowledge, attitude and behaviours are all exemplary.

• Maintain and grow a renewal portfolio dealing with rating and adjustment enquiries from your allocated client portfolio.
• Potential to develop your client portfolio via new business opportunities
• Handle technical claim cover requests
• Liaise as required with brokers, insurers, Accounts and Claims functions.
• With a strong attention to detail, sign off referrals from Underwriters and Assistant Underwriters.
• Provide technical training and development to more junior members of the team
• Compile and provide statistics, often having to interpret the data and explain to others.
• Develop a thorough knowledge of coverage provided by Pen.
• Operate within the confines of the agreed personal delegated underwriting authority and utilise the company’s preferred insurance pool

Your knowledge, Experience and Skills:

• CII/ Dip CII, educated to A-Level standard or equivalent.
• Firm grasp of risk exposure, able to determine the acceptance criteria and risk classifications in a range of complex or unfamiliar situations.
• Underwriting experience in servicing accounts, use specialist technical knowledge to handle claim queries, ensuring a connected service.
• Extract and piece together required learning from a variety of opportunities and sources.
• Experience of planning and prioritising client renewals and seeking new business opportunities
• Strong, proactive communication and social skills with clients and colleagues
• Good level of numeracy and literacy coupled with excellent attention to detail
• Analytical problem solving approach with initiative and a ‘can do’ attitude
• An insightful, ambitious, willing teammate who takes ownership and accountability, keen to share expertise.
• Strong trading and negotiation skills ensuring excellent outcomes for the customer, brokers, Pen and Insurers
• Eligible to work in the UK

Pen Underwriting (A trading division of Gallagher) offers competitive salaries and a full range of exciting benefits, including pension plans, medical cover, life and critical illness cover, health, wellbeing and fitness options as well as the opportunity to participate in the company share save scheme.  We also offer an employee stock purchase plan, travel loan options and huge opportunities to donate to charity through our matching scheme. 

We want Gallagher (including Pen Underwriting) to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team.  Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself.

We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group.  By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business.

If this sounds like somewhere you’d like to join, we’d love to hear from you. If you require flexibility for a role you are applying for, give us a call to chat through the options.

About Us: 

Pen Underwriting (Pen) is a multi-class, multi-territory Managing General Agent (MGA).

It has evolved from a ‘super start-up’ – launched in 2015 to create a single, cohesive business for several separately run Gallagher group MGAs – to become a £880m GWP underwriting and distribution platform.

Although part of the Gallagher group, Pen Underwriting operate as a separately regulated legal entity; and the Board includes independent non-executive Directors.

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.