Commercial Property Underwriter

6 days ago

London, Greater London, United Kingdom Recognise Bank Limited Full time

Hello,

We are Recognise Bank.

Our vision is to become the UK's leading business bank, providing tailored lending and savings solutions designed to meet the unique needs of modern SMEs.

Founded in 2017 by experienced business owners, Recognise Bank was born out of a shared frustration with the traditional banking industry's lack of understanding, flexibility, and certainty for small and medium-sized businesses. We believed there was a better way to serve the SME community—and we set out to create it.

In 2021, we received our banking licence and quickly built a strong community of loyal business customers, supported by our dedicated, diverse, and expert team.

At Recognise Bank, our customers are at the heart of everything we do. We offer a range of flexible lending solutions and secure, FSCS-protected savings accounts with competitive interest rates, empowering businesses to thrive with confidence.

About the role

The primary responsibility of a Commercial Property Underwriter at Recognise Bank is to assess and underwrite property secured loans. You will be reporting to the Senior Underwriter in the Credit team and collaborating with the Business Development Managers and Loan Management team to review new lending applications and in-life events to ensure that lending is in alignment with Recognise Bank's credit policies and risk appetite. You will have your own lending discretion and also work on larger proposals making recommendations to the Head of Credit or Credit Committee.

Other key responsibilities include monitoring loan performance, managing underperforming loans, updating lending policies, and overseeing credit risk reporting.

Key Responsibilities
  • Collaborate with Business Development and Loan Management Teams to ensure quality credit applications for property bridging loans and term property lending, both commercial and residential.
  • Assess and underwrite loan facilities within agreed credit policies and delegated authority.
  • Review, analyse, and recommend lending proposals for Head of Credit or Credit Committee consideration.
  • Draft, review, and update credit and lending policies across all loan products.
  • Oversee and produce credit risk management information for portfolio monitoring.
  • Manage underperforming loans, including debt restructuring and recovery efforts.
  • Engage with customers to understand their business, risks, and cash flows to optimize exposure within credit risk appetite.
  • Ensure open communication with internal and external stakeholders, including regulators and auditors.
  • Support credit risk-related projects within underwriting and across the business.
  • Comply with financial crime policies, procedures, and reporting obligations.
Qualifications
  • At least 3 years' experience of commercial property secured lending, with up-to-date market insights.
  • Strong understanding of banking, credit analysis, and underwriting; debt restructuring experience is a plus.
  • Strong interpersonal skills and well-developed verbal and numerical reasoning skills.
  • An understanding of loan and security documentation.
  • Performance-driven with a focus on continuous improvement.
  • Ideally, previous experience of using nCino.
Why join?
  • Market Salary for the role.
  • Generous Time Off: 25 days of annual leave plus bank holidays.
  • Work From Anywhere: 4 weeks of Work From Anywhere allowance per year.
  • Learning & Development: Support for professional growth through tailored training and development programs.
  • Hybrid Working: Flexible working model with 3 days in the office and 2 days remote per week.

Recognise Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

#J-18808-Ljbffr

  • Property Underwriter

    6 days ago

    London, Greater London, United Kingdom Munich Re Full time

    About usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.At the heart of our success is a strong culture where people are encouraged to...

  • Property Underwriter

    5 days ago

    London, Greater London, United Kingdom Munich Re Full time

    About usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this.At the heart of our success is a strong culture where people are encouraged...

  • Property Underwriter

    5 days ago

    London, Greater London, United Kingdom ENGINEERINGUK Full time

    You will need to login before you can apply for a job.About usAt Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.At the heart of our...

  • Commercial Combined Underwriter

    3 weeks ago

    London, Greater London, United Kingdom Get Recruited Full time

    Job Title: Commercial Combined UnderwriterLocation: Flexible (with occasional travel to London)Salary: Competitive, based on experienceCompany Overview:We are working with a growing and dynamic Managing General Agent who are on an exciting growth journey and offer a collaborative environment where your contributions directly impact the success of the...

  • Commercial Combined Underwriter

    4 days ago

    London, Greater London, United Kingdom Get Recruited Full time

    Job Title: Commercial Combined UnderwriterLocation: Flexible (with occasional travel to London)Salary: Competitive, based on experienceCompany Overview:We are working with a growing and dynamic Managing General Agent who are on an exciting growth journey and offer a collaborative environment where your contributions directly impact the success of the...

  • Commercial Combined Underwriter

    2 days ago

    London, Greater London, United Kingdom Get Recruited Full time

    Job Title: Commercial Combined UnderwriterLocation: Flexible (with occasional travel to London)Salary: Competitive, based on experienceCompany Overview:We are working with a growing and dynamic Managing General Agent who are on an exciting growth journey and offer a collaborative environment where your contributions directly impact the success of the...

  • Property Underwriter

    6 days ago

    London, Greater London, United Kingdom American International Group Full time

    Property Underwriter - Public SectorProperty Underwriter - Public SectorApply locations London time type Full time posted on Posted 6 Days Ago job requisition id JR2405431Join us as a Property Underwriter to grow your career at the forefront of Property Insurance.At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior...

  • Property Underwriter

    7 days ago

    London, Greater London, United Kingdom AIG Full time

    Join us as a Property Underwriter to grow your career at the forefront of Property Insurance.At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.Make your mark in UnderwritingAIG...

  • Property Underwriter

    7 days ago

    London, Greater London, United Kingdom SiriusPoint Full time

    Underwriter – PropertyLondon – HybridWho We AreSiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as 'One SiriusPoint' to...

  • Property Underwriting Manager

    3 weeks ago

    London, Greater London, United Kingdom Brown & Brown UK Full time

    Property Underwriting Manager Location: London (hybrid working available)Salary: NegotiableWe're strengthening our team at Plum Underwriting (part of Brown & Brown (Europe) ) and looking for a Property Underwriting Manager to join the team as we continue to grow the business in 2025.The Property underwriting manager will be responsible for leadership of the...

  • Property Owners Underwriter

    3 weeks ago

    London, Greater London, United Kingdom Lawes Recruitment (UK) Limited Full time

    Job title: Property Owners UnderwriterSalary: £40,000Location: London PURPOSE OF ROLE My client, a dynamic and innovative MGA, is seeking a Property Owners Underwriter to join their expanding team. In this role you will underwrite property owners' insurance risks and assess and manage policies for a diverse range of clients. You will work closely with...

  • Assistant Underwriter, Property

    6 days ago

    London, Greater London, United Kingdom ENGINEERINGUK Full time

    You will need to login before you can apply for a job.Sector: InsuranceRole: AssistantContract Type: PermanentHours: Full TimeAbout usAt Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders...

  • Senior Property and Liability Underwriter

    5 days ago

    London, Greater London, United Kingdom Get Recruited Ltd Full time

    Job Title: Senior Property and Liability UnderwriterLocation: Flexible (with occasional travel to London)Salary: Competitive, based on experienceCompany Overview:We are working with a growing and dynamic Managing General Agent who are on an exciting growth journey and offer a collaborative environment where your contributions directly impact the success of...

  • Senior Property and Liability Underwriter

    5 days ago

    London, Greater London, United Kingdom GetRecruited UK Ltd Full time

    Job Title: Senior Property and Liability UnderwriterLocation: Flexible (with occasional travel to London)Salary: Competitive, based on experienceCompany Overview:We are working with a growing and dynamic Managing General Agent who are on an exciting growth journey and offer a collaborative environment where your contributions directly impact the success of...

  • Commercial Underwriter

    5 days ago

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

    Social network you want to login/join with:Are you feeling frustrated in your current role? The amount of red tape you have to go through to get decisions is driving you mad. Would you like to work for a business which has a flat structure where decisions will be made quickly?Their flat structure and entrepreneurial spirit will empower you to be the best...

  • Underwriter - Credit and Political Risk

    7 days ago

    London, Greater London, United Kingdom IQUW Property Insurance Full time

    OverviewAbout usIQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.The roleThe role of an Underwriter at...

  • Head of Property Underwriting

    3 weeks ago

    London, Greater London, United Kingdom Lloyd's Full time

    Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.Considering applying for this job Do not delay, scroll down and make your application as soon as possible to avoid missing out.Our role is to inspire...

  • Property and Casualty Underwriter

    4 days ago

    London, Greater London, United Kingdom Zurich Australian Insurance Ltd. Full time

    Working hours: This role is available on a part-time, job-share or full-time basis.Location: Manchester/Leeds, HybridClosing date for applications: 24th February 2025The opportunity:We are currently seeking a highly skilled and experienced Property and Casualty Underwriter to join our renewals/existing team. As a Property and Casualty Underwriter, you will...

  • Property Treaty Underwriter

    3 weeks ago

    London, Greater London, United Kingdom IPS Group Full time

    Are you currently working in the international property treaty space in a market-facing role and seeking a move? Maybe you are an assistant underwriter / junior underwriter seeking to access the next rung on the ladder? Maybe you are a broker considering a switch across to underwriting?This is an excellent opportunity for an exceptional, self-motivated...

  • Property Claims Underwriting Executive

    3 weeks ago

    London, Greater London, United Kingdom Indesure Recruitment Full time

    We have an exciting opportunity for a Property Claims Underwriting Executive in London.Job Title: Property Claims Underwriting ExecutiveLocation: London (2 Days a week in office, 3 Days at home)Job Type: PermanentSalary: up to £55k (based on skills, experience, and qualifications)Overview:You will manage a portfolio of property insurance claims, guiding...