Introduction Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 52,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you'll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality. We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply. Overview Pen Underwriting are seeking a dynamic and motivated Development Underwriter to join our growing team. In this role, you will be responsible for seeking new business enquiries, evaluating, underwriting, and converting them into sales. You will utilize your personal and professional skills, contacts, experience, and judgement to optimize both the short-term and long-term financial performance of the company. Your contributions will be vital in meeting our income and profit objectives, aligning with budget and EBITDAC targets. How you'll make an impact Actively seek and respond to new business opportunities from broker partners to achieve and exceed new business budgets and KPIs. Consistently meet mutually agreed financial measures. Maintain a high standard of personal organization to manage daily and weekly tasks, including quotation opportunities, pipeline building, and attending broker offices and trade sector events. Demonstrate an unwavering appetite for contacting brokers, following up on quotes, and seeking opportunities to upsell/cross-sell across our product range. Contribute as a team player, supporting colleagues to achieve team new business targets. Develop a deep understanding of the products and services offered by the PEN division and support services provided by other areas. Provide professional advice to brokers, clearly documenting the most appropriate product offerings for their clients. Build and maintain relationships with internal and external underwriters/insurers. Liaise and negotiate effectively with insurers to obtain the best terms for clients. Compile and provide statistics as required by your line manager. Handle account queries in collaboration with brokers and the Accounts team. Present a positive and professional image of the company to staff, customers, insurers, and the public. Operate within the agreed personal delegated underwriting authority. Assist departmental staff with their workload as needed, especially during staff absences. Collaborate with Sales, Marketing, Agency, Accounts, and Claims departments. Adhere to agreed service standards and report complaints in line with company procedures. Act in accordance with FCA rules and company policies and procedures. About You Part CII qualified or working towards qualification. Excellent numeracy and literacy skills. Strong financial management skills. Accuracy in data use and entry. Proficiency in MS Office products (Outlook, Excel, Word, PowerPoint). Technical Knowledge and Understanding: Understanding of Contractors All Risks and PL & EL insurance principles. Effective use and understanding of technology for business transactions. Ability to develop opportunities and build a pipeline. Knowledge of FCA requirements, particularly in data security and customer information management. Familiarity with company compliance procedures. Experience: Understanding of coverage provided by Pen Construction Policies. Knowledge of internal underwriting processes and risk exposure monitoring. Strong negotiation, closing, and rapport-building skills. Comfortable and credible at decision-maker level. Detailed understanding of rating methods applied to our business. Awareness of the limitations of the company's delegated authority. Knowledge of company policies and procedures, including conflict of interest, complaints, and whistleblowing policies. 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 TAGlobalSupport@ajg.com . 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.