Location: London/ hyrbid
Salary: £Competitive
About the role
We are seeking a motivated assistant underwriter to join our fast-growing team. This role is an exciting opportunity to join a new UK venture in a well-established marketplace.
Our Assistant Underwriters will underwrite business within assigned underwriting authority, and work with the underwriting team to achieve business plan. They will also conduct some underwriting support activities when required.
The successful candidate will do this by:
Day-to-day
- Building and maintaining relationships with customers brokers business partners and colleagues to achieve business objectives
- Underwriting (re)insurance risk in accordance with the business plan at and personal authority to meet business objectives
- Assisted with rating of accounts by analysis interpretation and input of underwriting information into pricing models (e.g. geographical exposure close)
- Calculating appropriate risk premiums by using company pricing tools for specific lines of business
- Reviewing submissions including the applications, policy word, inception reports, loss runs, and financial reports
- Proactively advertising, assisting, servicing and following up with clients on insurance and risk management matters
- Providing time to service of new and renewed accounts to according to quality standards
- Reviewing loss control reports are managing policy endorsement/adjustment requests (of higher complexity) to process any necessary change to the policy (if cannot be completed by OPS)
- Overseeing monitoring of service level
Ad hoc
- Supporting Underwriters for renewals and client meetings
- Contributing to the following the business planning process for the underwriting Division in order to make appropriate decisions
- Supporting other functions as and when required
- To do this we're going to need to bring:
- Collaborative approach with an innovative mindset who provides creative solutions and ideas for resolution
- A Relentless Curiosity along with excellent analytical and technical skills
- Excellent written and oral communication skills
- Ability to manage time, meet deadlines to prioritise effectively
- Intermediate level understanding of relevant software including Excel