Senior Commercial Product Development Underwriter, Lawes Consulting Group

Lawes Consulting Group

Location:
United Kingdom, Essex

Category:
Insurance

Contract Type:
Employment contract

Salary:

80000.00 GBP / Year

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Job Description:

We’re helping a growing insurer hire a Senior Commercial Product Development Underwriter to improve and update their SME products. The role focuses on underwriting, product design, and staying in line with regulations.

Job Responsibility:

Design and refine SME commercial products to align with market needs and business goals
Collaborate with underwriting, claims, compliance, and distribution teams to develop and implement product enhancements
Support pricing strategies and update policy wordings and terms to improve clarity and performance
Ensure all product developments meet regulatory standards and internal governance
Conduct competitor and market research to identify emerging risks and opportunities
Support product training, documentation, and go-to-market activity across internal and external teams

Requirements:

Background in commercial underwriting, ideally SME
Experience developing or improving insurance products
Used to working with different teams across a business
Good understanding of FCA requirements
Strong knowledge of SME commercial products
Confident with pricing and data analysis
Clear communicator across teams and partners
Interest in digital and data-led underwriting (a plus)
Cert CII (or working towards) preferred

Nice to have:

Interest in digital and data-led underwriting (a plus)
Cert CII (or working towards) preferred

Additional Information:

Job Posted:
May 19, 2025

Employment Type:

Fulltime

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Senior Commercial Product Development Underwriter