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Assistant Underwriter - Commercial Combined

High Finance (UK) Limited T/A HFG
Posted 11 hours ago, valid for 2 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 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 position available is for an Assistant Underwriter (Commercial Combined) at a leading Lloyd's MGA in the City of London.
  • The ideal candidate will have 1-3 years of experience in handling Commercial Combined business, although those from a broking background are also considered.
  • This role involves managing New Business within the London/SE Region, with the potential for progression to a Trading Underwriter position.
  • Key responsibilities include evaluating low-complexity new business quotes, engaging with brokers, and maintaining compliance with underwriting standards.
  • The salary for this role is competitive, reflecting the experience and skills of the candidate.

Assistant Underwriter (Commercial Combined)Lloyd's MGACity of London

I'm currently recruiting for a leading Lloyd's MGA who are looking for an Assistant Underwriter to join their growing team!

An Underwriting Assistant or Assistant Underwriter with 1-3 years experience in handling Commercial Combined business would be the ideal candidate, but my client is also open to people from a broking background too.

This role will be handling New Business within the London/SE Region and is a great opportunity for someone looking to eventually progress to a Trading Underwriter position.

Key Responsibilities

  • Evaluate and underwrite low-complexity new business quotes across all products within the company's underwriting scope, addressing inquiries and ensuring adherence to established SLA timelines.
  • Proactively engage with brokers on released new business quotes, discussing potential adjustments to secure the business.
  • Collaborate regularly with Trading Underwriters, Team Leaders, and Trading Managers to strengthen and maintain broker relationships.
  • Work effectively within the team to meet SLA commitments and deliver exceptional customer service to brokers.
  • Handle broker phone inquiries with professionalism and a friendly demeanor.
  • Adhere to underwriting authority limits, utilising the Underwriting Guide for guidance, and consulting senior colleagues when needed for a collaborative approach.
  • Take proactive steps to improve workflows and contribute to achieving broader corporate objectives.
  • Ensure compliance with Group trading entity standards and maintain alignment with Treating Customers Fairly (TCF) principles to deliver positive outcomes for clients.

Apply now in a few quick clicks

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.