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Insurance Underwriting Analyst

Hays Specialist Recruitment Limited
Posted 23 days ago, valid for 7 days
Location

London, Greater London EC1R 0WX

Salary

£25,000 - £30,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The company is a specialist underwriting agency focused on insuring various risks related to Mergers & Acquisitions (M&A).
  • They are looking for an Insurance Underwriting Analyst to join their expanding international team in London.
  • The role requires candidates to have a strong educational background, ideally with A-levels or equivalent, and a genuine interest in the insurance sector.
  • A competitive salary is offered along with a comprehensive benefits package, and candidates should ideally have at least 1-2 years of relevant experience.
  • The position provides opportunities for professional development, training, and the chance to work closely with underwriters and brokers.

Your new companyYour new company are a specialist underwriting agency who insure various risks connected to M&A. They are an international team which is expanding. Mergers & Acquisitions ("M&A") is a fast-paced and varied area of commerce and this role provides a unique opportunity for long-term career growth in this exciting area. This role is based within the London office. Due to expansion within their Mergers and Acquisition team, a position for an Insurance Underwriting Analyst has arisen.Your new roleYour new role working as an Insurance Underwriting Analyst means the primary focus of the M&A Analyst is to provide pre-underwriting technical analysis and support to the underwriters. As an analyst, you will initially carry out administrative tasks but also develop business acumen and learn about M&A transactions with a unique opportunity to develop your career and become an M&A underwriter. You will be provided with training such as a combination of 'on-the-job' experience and Chartered Insurance Institute courses. Duties will include overseeing inbound enquiries for team review, drafting quotes for underwriter review and client distribution, recording transaction details in the online underwriting system and creating reports for management. Further duties also include preparing client invoices and assisting the Finance Director with accounting tasks, producing PowerPoint presentations for business purposes, communicating with brokers about premium and fee processing and assisting in organising team and client events. You will be organising submission flow and pre-reading underwriting information to provide technical opinions, preparing statistics and performing analytical tasks, assisting in drafting contract wordings, collating regular management information reports, developing relationships with brokers and enhancing underwriting and technical knowledge.What you'll need to succeedYou will have a hard working, dependable, self-motivated and enthusiastic outlook, with strong organisational skills, good team-working and collaboration skills. You will also have excellent communication skills, be able to prioritise workload and ask questions when unsure and have high level of attention to detail and accuracy. You will be educated to A-level standard or equivalent with strong numerical and analytical ability and have a genuine interest in the insurance sector with a desire to study towards ACII insurance qualifications. You will be proficient in Microsoft products, willing to learn and put in the extra effort when the business needs it and have strong interpersonal and relationship-building skills.What you'll get in returnYou'll be offered a competitive salary plus a comprehensive benefits package. You'll receive support from both Directors and Managers. You will be working as part of a small but friendly and busy team, there is the opportunity to be of real value to the business very quickly as well as for professional development.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.