Technical Commercial Underwriter

Jensten Underwriting, a dynamic and rapidly growing Managing General Agent (MGA), is seeking a motivated Technical Commercial Underwriter to join our dedicated and professional team.

This pivotal role involves providing expert advice and guidance on underwriting standards, policy wordings, and warranties, ensuring we achieve profitable loss ratios across our delegated authority and strategic initiatives.

This is a remote-based role; however, the successful candidate will be required to travel once a week to either our Huntingdon or London office or as and when required to fulfil the obligations of the role.

Key Responsibilities:

• Work with the Head of P&C Underwriting to deliver underwriting standards across the wholesale MGA portfolio.
• Collaborate with the Head of Product Development to maintain and build capacity relationships.
• Support the Head of Actuarial & Pricing in monitoring MGA performance and implementing necessary actions.
• Analyse, manage, and address portfolio performance and underwriting issues, ensuring profitability and alignment with strategic goals.
• Update and manage underwriting rule sets and IT product specifications.
• Review and update policy wordings, warranties, and work with the UW&P Audit team to drive process and control improvements.
• Deal with underwriting referrals and queries from the trading teams, claims and other stakeholders.
• Design and deliver underwriting training across the group and conduct fair value product reviews.
• Ensure adherence to FCA requirements, including Training & Competence and Complaints.
  
  

About You

As our Technical Commercial Underwriter, you will have strong technical underwriting expertise, particularly in commercial e-trade products, with a proven ability to analyse and manage portfolio performance. They must be highly detail-oriented, capable of reviewing and enhancing underwriting standards, policy wordings, and warranties.

You’ll also be or have:

• Expert knowledge of insurance underwriting principles.
• High-level prose literacy for policy wordings and documentation.
• Strong understanding of commercial e-trade insurance product lines, including Property Owners, Food and Hospitality, Retail and Commercial Combined products. Some knowledge of Household and Motor insurance products would be valuable.
• Excellent communication skills, with the ability to adapt messaging for different stakeholders.
• Strong ability to present persuasive and constructive arguments when engaging with internal teams, insurers, and brokers.
• Ability to analyse, manage, and address portfolio performance and underwriting challenges.
• Experience with Power BI for data analysis and reporting is desirable.
• Familiarity with SharePoint for document management and collaboration is an advantage.
• A collaborative, innovative, and integrity-driven approach to working.
• CII qualification is an advantage.
  
  

Rewards & Benefits

When you join us, you can expect a supportive culture and an attractive range of rewards and benefits which include:

• Competitive salary with an annual pay review and bonus scheme.
• 27 days annual leave (includes a day off for your birthday and another for a religious holiday of your choice) + bank holidays
• Auto enrolment into our excellent pension scheme
• Flex-benefits- A range of flexible benefits to choose from, that are most important to you
• Group Life Assurance cover
• 3 months Maternity, Paternity & Adoption leave all fully paid
• Professional qualification study support relevant to your role and career
• Perks at work- amazing discounts on cinema tickets, meals out, luxury items etc.
• Holiday purchase scheme- up to 5 days annually
  
  

About Us:

Jensten Underwriting is part of the Jensten group, which was launched in 2018 and is now one of the UK's largest independent broking groups. Growing organically and through strategic acquisition we now place over £600m Gross Written Premium (GWP) into the market via our retail insurance broking, Lloyd's and London Market broking, and specialist underwriting arms.

We fill the void in the market between a consolidator and a provincial broker. We have the scale, ambition and expertise to stand out, but the people, culture and entrepreneurial DNA to maintain our client focus. This is why we are not just one of the leading independent insurance groups, we are one of the most exciting too.

And that is why you should join us!