Junior Underwriter

London, United Kingdom
Commercial – Underwriting
Full-Time
Technology. Award-winning customer service. Bleeding-edge data ability.

Simply Business is a new type of insurance company, using all of the above  to create the best possible insurance experience for small businesses and self-employed people.

We love working here, and have even taken the number one spot in the  Sunday Times Best Company To Work For 2015 and 16 lists; we’ve stopped entering now to focus on a few bigger projects, but you get the idea.
It’s a great place towork.

There are currently over 500,000 active Simply Business insurance policies in the UK alone. And we have offices in London, Northampton and Boston,USA.

Talking of offices, ours are bright, airy and geared up for really smart  working. We’re flexible, with plenty of remote workers coming in and out,  and we believe work and life should be hand in hand, rather than a juggling  act. So no need to worry about school pick-ups, or a horrible commute.

Our people are our most important asset, so we focus on building a working  life that helps us thrive, not stick. Join us and you’ll be part of our journey  to creating something even better, for our customers and ourselves.

Technology. Award-winning customer service. Bleeding-edge data ability.

Simply Business is a new type of insurance company, using all of the above  to create the best possible insurance experience for small businesses and self-employed people.

We love working here, and have even taken the number one spot in the  Sunday Times Best Company To Work For 2015 and 16 lists; we’ve stopped entering now to focus on a few bigger projects, but you get the idea.
It’s a great place towork.

There are currently over 400,000 active Simply Business insurance policies in the UK alone. And we have offices in London, Northampton and Boston,USA.

Talking of offices, ours are bright, airy and geared up for really smart  working. We’re flexible, with plenty of remote workers coming in and out,  and we believe work and life should be hand in hand, rather than a juggling  act. So no need to worry about school pick-ups, or a horrible commute.

Our people are our most important asset, so we focus on building a working  life that helps us thrive, not stick. Join us and you’ll be part of our journey  to creating something even better, for our customers and ourselves.


We’re looking for a Junior Underwriter to join us in London or Northampton.

You’ll join the team that’s responsible for running the Managing General Agent (MGA) arm of Simply Business. We’re an in-house insurer, supporting the business with a range of products to sell on the Simply Business panel. We’re also an internal innovation hub, testing new ideas we think our customers might like.

You’ll be joining our team of Underwriters, Risk Pricing Analysts, and Underwriting Analysts at an exciting time of
growth and development of our MGA. We’re a small team with big ambitions, which means you’ll have a broad range
of responsibilities and the opportunity to learn how insurance businesses really work.

As a Junior Underwriter you'll:

    • underwrite a range of commercial SME products including, but not limited to, trades and construction, property ownership, retail, office, and professional indemnity
    • manage a business segment within the overall portfolio
    • work with our Underwriting Analysis and Risk Pricing Teams to understand and monitor our account make-up and underwriting performance, using this information to develop and drive pricing and product reviews, with regular underwriting changes implemented through our in-house Insurance Products Team
    • carry out regular market research to understand best practice and develop world-class underwriting
    • draft and manage our pricing models, underwriting logic, policy wordings, and endorsements
    • help develop our MGA capability, enabling us to grow at our required pace, while maintaining a profitable book of business
    • build a strong and credible underwriting relationship with our internal and external partners
    • work with our Insurance Products Team to create and enhance products which are designed with the customer in mind, helping us achieve our new tactics and bringing innovative ideas to life
    • liaise with our Claims, Compliance, Complaints, and Contact Centre Teams, where underwriting input is needed

Responsibilities include:

    • supported by Senior Underwriters on the team, you’ll have responsibility for the performance of your own book of business, owning everything on that book, from customer journey to account performance 
    • driving growth and innovation in your book of business
    • sharing progress and success with the rest of the business
    • occasional travel to London or Northampton (depending on your base location)
    • end-to-end product development and delivery 
    • autonomy to make decisions on what we implement while being accountable for results

What we’re looking for:

    • at least 2 years’ underwriting experience (ideally commercial lines), with experience of building commercial relationships to get the deal done
    • a keen interest in learning how to underwrite a portfolio of business in an online environment
    • progression towards ACII qualification
    • strong attention to detail
    • eagerness to learn and take on challenges as they present themselves
    • confidence, intellect, approachability, and personality to influence and gain credibility internally and with our insurer partners
    • a fresh perspective from someone who’ll challenge insurance industry norms
    • a natural innovator who brings ideas to drive growth
    • someone who demonstrates ownership, responsiveness, a bias to action, and commitment
    • dedication to delivering the maximum impact with the minimum effort, releasing value early wherever possible, creating a sense of urgency and momentum
    • an ability to drive continuous improvement to ensure we’re meeting the needs of our customers, Simply Business, and our capacity providers
    • someone committed to supporting a good team to become a great team, who’s passionate about what they do, and is excited about the way we work


What are the benefits?

There’s all the serious (but important) stuff we call ‘core benefits’. On top of that, you can pick and choose from the more exciting options we offer – whether it’s a full gym membership or gym subsidy, comprehensive private health cover, extra holiday, or a National Trust pass. 

The ‘core’ stuff
Some of these will kick in once you’re confirmed in post, but here’s the summary:
• a salary that reflects your experience, our pay policy and the market we’re in from your first day, generous annual leave
• life assurance (financial cover for your family, should the worst happen)
• a cash plan to reimburse your everyday medical expenses
• an extra day off if you get married or move house
• an automatic enrollment pension (employer-matched at 5%) 

The fun stuff
Passed probation? Time to pick and mix from things like:
• a full gym membership
• private medical insurance
• extra days annual leave
• shopping vouchers
• dental insurance
• travel insurance

But there’s so much more to Simply Business than insurance and memberships. We also commit to flexible working options, smart working (our offices are kitted out for you to work when and how you choose), cycle to work, eye test vouchers, and season ticket loan schemes, and we have a handy online form to put in any training or conference requests.

Best of all, though, are the groups, clubs, and adventures that come with the Simply Business territory. Forget a simple Give As You Earn scheme (although we’ve got that too) – we trek the Sahara for charity, take you on weekends away, throw epic summer parties, and meet up for book groups, public speaking coaching, yoga, manicures, beer brewing, and lots, lots more.

Our values

Everything we do comes down to these five values – empowerment, authenticity, simplicity, learning and pioneering.

In practice, these will mean something unique to every  person at Simply Business, but if you’re considering working here, give them some thought. They’re at the heart of our story.

Empowerment
We believe in our people and the positive impact they can have so we enable everyone to stretch themselves

Authenticity
We celebrate diversity, avoid jargon and genuinely care about helping small businesses thrive

Simplicity
We attempt to simplify complex solutions to save our customers time and effort

Learning
We’re never done learning about new possibilities and act to explore them

Pioneering
We’re obsessed with finding new ways to create even better  experiences


We want to meet you.

At Simply Business, we pride ourselves on having a diverse workforce. Unfortunately, research has shown that some candidates, particularly women and people from other underrepresented groups, are put off applying for a job if they don’t fit every single one of the criteria.

But hiring at Simply Business isn’t a box ticking exercise – we’re much more interested in meeting people who’re excited to work with us. So if this job appeals to you and you think you’d be a good fit, send us your CV. With any luck we’ll be seeing you at interview soon.

What are the benefits?

There’s all the serious (but important) stuff we call ‘core benefits’. On top of that, you can pick and choose from the more exciting options we offer – whether it’s a full gym membership or gym subsidy, comprehensive private health cover, extra holiday, or a National Trust pass. 

The ‘core’ stuff
Some of these will kick in once you’re confirmed in post, but here’s the summary:
• a salary that reflects your experience, our pay policy and the market we’re in from your first day, generous annual leave
• life assurance (financial cover for your family, should the worst happen)
• a cash plan to reimburse your everyday medical expenses
• an extra day off if you get married or move house
• an automatic enrollment pension (employer-matched at 5%) 

The fun stuff
Passed probation? Time to pick and mix from things like:
• a full gym membership
• private medical insurance
• extra days annual leave
• shopping vouchers
• dental insurance
• travel insurance

But there’s so much more to Simply Business than insurance and memberships. We also commit to flexible working options, smart working (our offices are kitted out for you to work when and how you choose), cycle to work, eye test vouchers, and season ticket loan schemes, and we have a handy online form to put in any training or conference requests.

Best of all, though, are the groups, clubs, and adventures that come with the Simply Business territory. Forget a simple Give As You Earn scheme (although we’ve got that too) – we trek the Sahara for charity, take you on weekends away, throw epic summer parties, and meet up for book groups, public speaking coaching, yoga, manicures, beer brewing, and lots, lots more.

Our values

Everything we do comes down to these five values – empowerment, authenticity, simplicity, learning and pioneering.

In practice, these will mean something unique to every  person at Simply Business, but if you’re considering working here, give them some thought. They’re at the heart of our story.

Empowerment
We believe in our people and the positive impact they can have so we enable everyone to stretchthemselves

Authenticity
We celebrate diversity, avoid jargon and genuinely care about helping small businesses thrive

Simplicity
We attempt to simplify complex solutions to save our customerstime andeffort

Learning
We’re never done learning about new possibilities and act to explore them

Pioneering
We’re obsessed with finding new ways to create even better  experiences