Insurance Underwriter

Insurance UnderwriterLocation: London, UKSalary: £70,000 - £80,000Job Type: Office-based

The Opportunity

A fintech organisation in the mortgage and insurance space is looking to appoint an Insurance Underwriter to join its London-based team.

Working closely with senior underwriting leadership, you will be responsible for assessing lender portfolios, analysing performance data, and supporting the development and improvement of underwriting processes and products. This role would suit someone with strong analytical capability who enjoys working in a collaborative and fast-paced environment.

Key Responsibilities

• Assess new lender portfolios and product variations, reviewing eligibility criteria, risk profiles and historical performance data to support underwriting decisions.
• Analyse loan-level data and portfolio performance, identifying trends across arrears, defaults, claims activity and concentration exposure.
• Produce clear underwriting assessments and recommendations to support internal governance and decision-making.
• Monitor the ongoing performance of insured portfolios, highlighting emerging risks and recommending mitigation where required.
• Evaluate lender control environments, including processes around origination, valuation, affordability, fraud prevention and arrears management, to determine how effectively risk is managed.
• Support claims oversight by reviewing eligibility against policy terms, analysing trends and maintaining accurate documentation and audit trails.
• Work with internal teams and external partners to resolve underwriting queries and ensure reporting, monitoring and controls remain effective and scalable.
• Contribute to the ongoing development and refinement of underwriting policies, eligibility rules and monitoring frameworks, using portfolio insights and partner feedback to inform improvements.

Requirements

• Typically 4-6 years of experience in one or more of the following areas: mortgage underwriting, portfolio credit risk, mortgage insurance or guarantees, or secured or structured credit risk.
• Strong portfolio analytics capability, including experience reviewing loan-level data, identifying risk trends and assessing concentration exposures.
• Ability to evaluate the effectiveness of lender processes and controls rather than relying solely on documented policies.
• Comfortable working in a hands-on role within a small team environment, taking ownership of analysis and decision-making.
• Strong written communication skills, with the ability to produce clear underwriting assessments and commentary for senior stakeholders.
• Experience with Buy-to-Let underwriting or portfolio credit risk, familiarity with claims processes in mortgage or credit insurance environments, or experience using data analysis tools such as SQL or Python would be advantageous but are not essential.

Inventum Group is acting as an Employment Agency in relation to this vacancy.