Underwriting Graduate Trainee

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Underwriting Graduate Trainee

  • Location:

    United Kingdom

  • Contact:

    Junior Garba

  • Contact email:

    junior.garba@equitycity.co.uk

  • Job ref:

    518

  • Published:

    10 days ago

  • Expiry date:

    2025-01-10

About the program:
This is a 2.5 year graduate entry scheme with rotations in at least five different underwriting departments, as well as rotations in our claims, actuarial and delegated authority teams. Rotations will provide exposure and understanding of varied insurance & company activities. Upon successful completion of the graduate scheme, it is expected you will take up a permanent position in an underwriting department as a trainee underwriter, although other opportunities may also be available if better suited.

Key Responsibilities:
• Develop a clear understanding of the Company’s risk appetites.
• Shadow underwriters and gain an understanding of how broker relationships work.
• Understand how Underwriters use data and models to drive decision making.
• Develop an understanding of the technical underwriting principles and processes involved in specific lines of business. This includes the understanding of underwriting principals & practices, the operation of both Lloyd’s and company platforms and the identification and assessment of risk.
• Understand insurance policy terms and conditions.
• Understand how other functions in TMK feed into our underwriting process.
• Champion the company Values and work in accordance with the company Values & Behaviours.
• Understand and comply with relevant rules and regulations relating to financial services & insurance roles especially understanding the behavioural aspects of conduct and financial crime.
• Take part in learning and development opportunities as necessary to attain the skills and knowledge required to carry out specific tasks on each placement and in order to increase general insurance knowledge.
• Build and foster internal and external stakeholder relationships across TMK and the wider industry.
• You will be expected to start your own professional development journey, e.g. CII qualification, for which support will be provided.

What we are looking for:
• A university graduate who is ready to join an ambitious, forward-looking team who are committed to growing our underwriting capability.
• A fast learner, a self-starter, curious, analytical and determined.
• A passionate, curious individual, who is able to question and challenge.
• A great communicator with the ability to build strong stakeholder relationships.
• Someone that loves problem solving and likes working with data.