Senior Motor Underwriter

Introduction
At Pen, we don't just underwrite risk, we unlock possibility.

We're a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we're transforming what it means to be an MGA in today's insurance landscape.

Whether you're shaping new products, solving complex problems, or collaborating across teams, your ideas and initiative will help deliver smarter solutions for our clients—and move the industry forward. Here, agility meets stability. Creativity meets execution. And your career meets real opportunity.

At Pen, we champion innovation, value accountability, and thrive on building something better together. If you're looking to join a team that's rewriting the future of underwriting, we'd love to hear from you.

Overview
Pen Underwriting are looking for an experienced Motor Fleet Underwriter to effectively support the management of our Hazardous Goods & Environmental Motor Fleet portfolios. This is a fantastic opportunity to contribute to the performance of our existing business team and underwriters, maximising underwriting performance and driving business revenue and structured growth.

How You'll Make An Impact

• Technical Underwriting & Expertise: Support the Motor underwriting function, providing technical expertise across all Motor lines. Handle referrals and underwriting for both new and existing business, contributing to profitable growth.
• Underwriting Governance & Compliance: Ensure adherence to internal underwriting governance, including audits, peer reviews, and risk assessments. Collaborate with the Head of Motor for guidance on process improvements and policy updates.
• Capacity Management & Relationships: Support the management of capacity relationships, ensuring strong and collaborative engagement. Participate in reporting, portfolio reviews, and capacity-related meetings.
• Market Expertise & Broker Relationships: Demonstrate market expertise with knowledge of industry trends, competitor activity, and regulatory changes. Build and maintain relationships with key brokers, supporting new business and retention efforts.
• Leadership & Development: Act as a mentor for junior underwriters, fostering a culture of technical excellence and professional development. Support training, development, and succession planning.
• Pricing & Portfolio Management: Assist in developing and refining underwriting and pricing strategies to achieve profitability targets. Monitor market trends and competitor activity to ensure competitive positioning.
• Regulatory & Conduct Responsibilities: Ensure compliance with all relevant regulations and governance frameworks, including FCA requirements. Support Fair Value Assessments (FVA) and Consumer Duty compliance.

Key Performance Indicators (KPIs):

• Retention of renewal business and high customer retention rates.
• Growth in Gross Written Premium (GWP) and maintenance of rate strength.
• Performance against underwriting profitability and loss ratio targets.
• Compliance with governance and regulatory standards.

About You

• Technical Knowledge: Basic knowledge of general insurance (London Market / Lloyd's and Industry) products, services, and understanding of underlying legal principles.
• Experience: Previous Motor Fleet underwriting experience. Previous experience in managing a scheme/portfolio is desirable.
• Skills: Excellent interpersonal skills, including listening, verbal and written communication. Ability to manage complex and highly confidential information. Proficiency in Microsoft Word, Excel, and PowerPoint.

Compensation And Benefits
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 . 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.