Assistant Underwriter (International Property Facultative)
Salary: Competitive and based on experience
Location: London (Hybrid working)
Keywords: Underwriting, Insurance, Risk Management, Regulatory Compliance, Stakeholder Engagement
Our client, Aspen Insurance, a leading specialty insurance and reinsurance company, is seeking an Assistant Underwriter to join their dynamic International Property Facultative team in London. This role offers an exciting opportunity to contribute to the underwriting process within a respected organisation that values respect, honesty, trust and professionalism. The successful candidate will have the chance to develop their career in a challenging environment where achievement is rewarded.
Join a leading, diversified specialty insurance and reinsurance company Opportunity to contribute to the underwriting process within a respected organisation
What you'll do:
As an Assistant Underwriter at Aspen Insurance, you will play a crucial role in supporting the underwriting team. You will get exposure to working within Lloyds and the framework of Lloyds, working in a fast paced exciting, dynamic environment and the opportunity to work alongside treaty colleagues.
Your responsibilities will include contributing to operational planning, performing underwriting activities while adhering to legal requirements, and maintaining high standards of practice. You will also be expected to respond promptly to stakeholder requests, develop relationships with key stakeholders, and support credit control in payment collection. Your role will involve underwriting insurance risks as per business objectives and participating in portfolio reviews.
- Contribute to the preparation and implementation of operational team plans
- Perform underwriting activities in accordance with legal and regulatory requirements
- Adhere to underwriting standards and good practice to minimise risk and maximise efficiency
- Support the provision of a professional underwriting service to uphold the reputation of the function and the company
- Respond to internal and external stakeholder requests in line with service standards and best practice
- Underwrite insurance risks in accordance with the business plan and delegated authority
- Participate in the review and analysis of the portfolio to identify progress toward business objectives
What you bring:
The ideal candidate for this Assistant Underwriter role will bring broad experience from an underwriting environment within a specialised or complex area. Strong interpersonal and communication skills are essential for this role, as well as proficiency in MS Office applications such as Excel. Your ability to collaborate effectively within a team environment will be key to your success in this role. A strong attention to detail is also required.
- Atleast 3--5 years of international property experience of working in an underwriting environment can be direct or reinsurance.
- ACII (or equivalent) qualified or progress towards completion of insurance qualifications
- Motivated Individual who has been fairly trained and can operate autonomous
- Strong interpersonal and communication skills
- Proficient in MS Office applications effectively e.g. Excel and other departmental software packages
- Ability to collaborate effectively within a team environment
- Strong attention to detail
What sets this company apart:
Aspen Insurance has established itself as a leading player in the insurance industry since its inception in 2002. They are known for their thoughtful and creative approach towards finding the best outcomes for their clients and business partners. They believe that the way they work is just as important as the work they do, and are guided by their core values of respect, honesty, trust and professionalism. Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
What's next:
Ready to take the next step in your underwriting career with a leading insurance company? Apply now!
Apply today by clicking on the link. We look forward to receiving your application.
We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line.