Senior Underwriter

1 week ago

London, Greater London, United Kingdom Propel Finance Full time

Get AI-powered advice on this job and more exclusive features.

Headhunter and Researcher at The Curve Group, matching professionals with opportunity

Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, Propel has grown to become one of the UK's largest, independent finance houses. We have continued to deliver leading-edge finance solutions through a unique combination of teamwork and technology.

From this continued success we are now looking to recruit a Senior Underwriter to allow us to continue our exciting growth plans.

Our aim is to take the service we offer to the next level, to push the boundaries of what's available, and to create great customer experiences consistent with our values. Does that sound like something you'd like to be part of?

As a Senior Underwriter, you will evaluate, analyse, and approve credit proposals, and revisions to underwritten transactions. You will have underwriting authority across all core origination channels including banking partners, accounting partners, vendor partners, brokers, and direct to customer relationships.

Role responsibilities:

  • Conduct detailed Credit Reviews and sanction Asset Finance transactions up to a personal credit underwriting mandate limit. This mandate will include hard and soft assets.
  • Analyse and provide recommendations on transactions being presented to the Transactional Credit Committee.
  • Contribute to Watch List / Business Support List compilation and participate in appropriate forums.
  • Have responsibility for reviewing and recommending changes to Credit Policy in terms of risk appetite for asset classes & asset types, products, and terms of lending.
  • Have responsibility for reviewing recommendations from Business Support and Collections teams in terms of actions on stressed assets including those in work-out and recoveries.
  • Effective Stakeholder management and communication with Sales stakeholders - ensuring SLAs for deal decisions are managed.
  • Financial analysis and credit report writing skills.
  • Must have held a mandate of at least £1m.
  • Must have worked for a clearing bank.
  • Knowledge of soft and hard assets.
  • Ability to understand Credit Sanctioning decision systems.
  • Cashflow analysis for larger transactions.

So, why would you want to work here?

We have a great working environment and we're an ambitious business. We achieve so much because of our people. Everyone in the business, no matter their team or role can shape the outcome, share ideas, make suggestions, and have their voice heard. It's a truly collaborative place to work.

At Propel, we embrace hybrid working and with modern offices in Newport, London and Manchester, plus a field-based sales team, you'll never be too far away from colleagues.

This is a hybrid role, with 3 days per week in the Newport or London office, giving you the best of both worlds.

Benefits you can expect:

  • 25 days annual leave + bank holidays.
  • 2 additional days holiday after 5 years' service.
  • Birthday day off.
  • Opt in Private Medical Insurance.
  • Subsidised gym membership at £18.75 a month.
  • Cycle to Work Scheme.
  • Electric Car Scheme.
  • Buy Annual Leave Scheme.
  • Half day seasonal shopping.
  • Auto enrolment pension – 3% employer contribution subject to eligibility.
  • Life Assurance 3 x basic salary.
  • Company events and reward schemes.

We are proud to be a member of Stonewall's Diversity Champions programme and are committed to improving workplace inclusion.

#J-18808-Ljbffr

  • Senior Underwriter

    24 hours ago

    London, Greater London, United Kingdom Profound recruitment partners Full time

    Senior Underwriter – London International Broker TeamAre you a strategic trader with leadership skills and a strong background in Property & Casualty? We are seeking a skilled Senior Underwriter to join a dynamic London International Broker Team. This is an exciting opportunity to be part of a growing team, collaborating with international brokers in the...

  • Senior Underwriter

    6 days ago

    London, Greater London, United Kingdom Profound Recruitment Partners Limited Full time

    Job Description Senior Underwriter - London International Broker TeamAre you a strategic trader with leadership skills and a strong background in Property & Casualty? We are seeking a skilled Senior Underwriter to join a dynamic London International Broker Team. This is an exciting opportunity to be part of a growing team, collaborating with international...

  • Senior Underwriter

    2 days ago

    London, Greater London, United Kingdom Salus Insurance Services Inc. Full time

    Salus Insurance Services Inc. is seeking a Senior Property Portfolio Underwriter who will be responsible for the following key responsibilities:Assess and underwrite North American Property insurance submissions, focusing on risk evaluation and pricing strategies.Utilize data analytics to monitor portfolio performance and identify opportunities for...

  • Senior Underwriter

    2 days ago

    London, Greater London, United Kingdom Arch Capital Group Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Senior Underwriter / Underwriting Manager - Renewable...

  • Senior Underwriter

    5 days ago

    London, Greater London, United Kingdom ProFound Full time

    Role - Mid Market Senior UnderwriterSalary - Competitive Location - London area.Are you a dynamic professional with a strong background in Property & Casualty underwriting? Our market leading client is on the lookout for a skilled Senior Underwriter to join their London International Broker Team. This is a prime opportunity to become part of an ambitious and...

  • Senior Underwriter

    2 days ago

    London, Greater London, United Kingdom Allied World Assurance Company Holdings Full time

    Job Description - Senior Underwriter - Construction & Engineering Division (2400003O) Job Description Senior Underwriter - Construction & Engineering Division-(2400003O) Description Description of the role: This position is responsible for underwriting a diverse book of business, employing the methods necessary to meet projected profitability,...

  • Senior Underwriter

    2 days ago

    London, Greater London, United Kingdom Allied World Assurance Company Holdings Full time

    Job Description - Senior Underwriter - Real Estate/Property Owners, Europe Commercial Division (24000026) Job Description Senior Underwriter - Real Estate/Property Owners, Europe Commercial Division-(24000026) Description At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the...

  • Senior Underwriter

    1 week ago

    London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    New Vacancy - Senior Underwriter (Motor Fleet)City of London Insurer I am currently recruiting for a leading Motor Insurer who are seeking a Senior Underwriter to join their growing Motor Fleet team. This position will entail being responsible for writing a range of medium to complex risks within the Motor Fleet risk appetite. It will also support team...

  • Senior Underwriter

    11 hours ago

    London, Greater London, United Kingdom Spinnaker Full time

    We are working with an IG P&I Club in London, who are currently on the market for a Senior Underwriter with a minimum of 8 years experience. The ideal Underwriter should have management experience.  The role involves assessing the potential liability for new and repeat business and writing the risk for the shipowner's P&I marine liability cover. You'll...

  • Senior Underwriter

    4 weeks ago

    London, Greater London, United Kingdom IDEX Consulting Ltd Full time

    We've been retained by a global insurance group in their search for a senior underwriter to focus on writing tax liability risks across the international market and are looking to speak with experienced tax underwriters interested in opportunities to work across broader jurisdiction with an aggressive risk appetite.

  • Senior Underwriter

    2 days ago

    London, Greater London, United Kingdom CFC Full time

    Senior Underwriter - Transaction Liability Opportunities like this don't come up every day Since its launch in 2016, CFC's award-winning transaction liability team has quickly become one of the largest small and mid-market transaction liability insurers globally. We are the leading small – mid market underwriter in North America and the number one...

  • Senior Underwriter

    4 days ago

    London, Greater London, United Kingdom Insurance Network Full time

    Do you have Trading / Professional Indemnity / Management Liability Underwriting experience and exceptional broker relationship management skills?Are you looking to progress and develop your Underwriting career with a real people powered business?Come and join our National Markets UK Broker team here at Markel as an UnderwriterThe opportunity:We have an...

  • Senior Development Underwriter

    2 days ago

    London, Greater London, United Kingdom Stride Resource Management Ltd Full time

      Are you an experienced underwriter, and a trader looking for your next step? This is an opportunity to move into a senior development underwriter role with real autonomy to manage and grow your portfolio.If you value building relationships, delivering profitable growth, and improving processes, this role is for you.You'll join a real market leader in...

  • Senior Development Underwriter

    2 days ago

    London, Greater London, United Kingdom Stride Resource Management Ltd Full time

      Are you an experienced underwriter, and a trader looking for your next step? This is an opportunity to move into a senior development underwriter role with real autonomy to manage and grow your portfolio.If you value building relationships, delivering profitable growth, and improving processes, this role is for you.You'll join a real market leader in...

  • Senior Development Underwriter

    1 week ago

    London, Greater London, United Kingdom JR United Kingdom Full time

    Social network you want to login/join with:Senior Development Underwriter, London (City of London)Client:Location:London (City of London), United KingdomJob Category:OtherEU work permit required:YesJob Views:1Posted:30.03.2025Expiry Date:14.05.2025Job Description:Are you an experienced underwriter and a trader looking for your next step? This is an...

  • Senior Underwriter

    1 week ago

    London, Greater London, United Kingdom Elect Capital Full time

    Join Elect Capital and Drive Growth in SME Finance. We're looking for an experienced and dynamic underwriter to join our team and support our next phase of expansion. If you have a strong background in underwriting within the UK, particularly in unsecured business finance, and can make fast, well-informed credit decisions, we'd love to hear from you.At Elect...

  • Senior Underwriter

    1 day ago

    London, Greater London, United Kingdom XL CATLIN Full time

    Job Description - Senior Underwriter - Delegated Wholesale Property (78004744D20240904)Job Number:78004744D20240904Senior Underwriter – Delegated AuthorityLondon, UKWe are seeking a Delegated Underwriter to specialize in North American business within the Lloyd's market. As a Delegated Underwriter, you will be responsible for underwriting and managing a...

  • Senior PI Underwriter

    2 days ago

    London, Greater London, United Kingdom IDEX Consulting Full time

    Senior Professional Indemnity UnderwriterLondon£100,000 - £150,000 + bonus and benefitsA new opening has arisen for a Senior PI Underwriter to join a large PI underwriting team, as a pivotal London Underwriter, working 3 days in the City office (and 2 from home).Reporting directly into the Head of Professional Indemnity, this role will focus on the...

  • Senior Trading Underwriter

    6 days ago

    London, Greater London, United Kingdom Lawes Consulting Group Full time

    Job Description Job title: Senior Trading UnderwriterSalary: DOELocation: LondonPurpose of RoleThe Senior Underwriter will play a pivotal role in managing and underwriting a portfolio of business within the MGA. This position requires a deep understanding of underwriting principles, risk assessment, and the ability to develop and maintain strong...

  • Senior Programme Underwriter

    6 days ago

    London, Greater London, United Kingdom Harrison Holgate Full time

    Position: Senior Programme UnderwriterLocation: City of London (Hybrid - 4 days in the office)Salary: Circa £130,000 + package & bonusAn exciting opportunity to join a dynamic and entrepreneurial insurance company in growth mode as a Senior Programme Underwriter, specialising in Casualty or Property programmes. You will be part of a well-capitalised firm...