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Assistant Underwriter

Get-Recruited (UK) Ltd
Posted 16 hours ago, valid for 7 days
Location

London, Greater London SW1A2DX, England

Salary

£30,000 - £35,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The job opportunity is for an Assistant Underwriter in Central London with a hybrid working model, requiring three days in the office each week.
  • The salary offered is up to £35,000 depending on experience, along with a competitive discretionary bonus and benefits such as life cover and a health plan.
  • Candidates must have at least 2 years of insurance experience within commercial insurance, with MGA experience preferred but not essential.
  • The role involves supporting brokers, gaining expertise in underwriting guidelines, and managing new and renewal business processes.
  • The company emphasizes professional development, offering support for further insurance qualifications and opportunities to specialize in different lines of business.

Assistant Underwriter
Central London - Hybrid Working (3 days in the office per week)
Salary - up to 35,000 DoE


The Opportunity:

We are excited to be working with a fast growing MGA who value development and growth.

They are looking for an Assistant Underwriter, operating across multiple departments and gaining exposure to different lines of business. This will give you a strong idea of where you may want to specialise in future. Your development is central to the organisation and they will work towards you getting authority and will support you in further Insurance Qualifications.

Responsibilities:

  • Deliver outstanding support to brokers, ensuring they receive accurate and timely assistance.
  • Gradually gain expertise in underwriting guidelines and strategies, applying them as you expand your authority within the role.
  • Review financial statements, enter data, calculate important ratios, and evaluate the financial stability of clients.
  • Manage the processing of new and renewal business in line with your authorised limits and company standards.
  • Support underwriters in various tasks, helping streamline processes and ensuring documentation is accurate and complete. Build and nurture strong relationships with both current and prospective brokers to drive business growth.
  • Continuously engage in learning related to underwriting, compliance, and procedures, ensuring you stay current with industry changes and standards.
  • Meet individual Key Performance Indicators (KPIs) while contributing to team goals and overall success.

Person Specification:

  • 2 years of Insurance Experience within Commercial Insurance
  • MGA Experience preferred but not essential
  • Competitive Discretionary bonus.
  • Life cover and health plan


Benefits:

  • Salary up to 35,000 dependant on experience
  • MGA Experience preferred but not essential
  • Support for Industry qualifications
  • Hybrid working options

To Apply:


If you are an Assistant Underwriter or Insurance Professional keen to make your next step, apply here for immediate consideration.

Get Recruited is acting as an Employment Agency in relation to this vacancy.

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By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.