Job Description
Job title: Senior Commercial Product Development Underwriter
Salary: 80000
Location: Essex
PURPOSE OF ROLE
Were 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.
RESPONSIBILITIES
- 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 gotomarket activity across internal and external teams
DAYTODAY
- Work with underwriting and data teams to improve products
- Speak with brokers to gather feedback and share updates
- Ensure documentation and products meet FCA rules
- Support marketing with product info and materials
- Keep up to date with market and regulatory changes
EXPERIENCE
- 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
SKILLS & REQUIRMENTS
- Strong knowledge of SME commercial products
- Confident with pricing and data analysis
- Clear communicator across teams and partners
- Interest in digital and dataled underwriting (a plus)
- Cert CII (or working towards) preferred
If you have the relevant experience or know someone that does please contact me now on 07or email us at
Required Experience:
Senior IC