Assistant Underwriter (Property Investors)
Salary: Competitive and based on experience
Location: London (Hybrid working)
Keywords: Underwriting, Insurance, Risk Management, Policy Implementation, Regulatory Compliance
Our client, a leading specialty insurance and reinsurance company, is seeking an Assistant Underwriter to join their dynamic team in London. This role offers an exciting opportunity to contribute to the preparation and implementation of operational team plans, perform underwriting activities in accordance with legal and regulatory requirements, and develop relationships with key stakeholders. The successful candidate will be part of a company that values respect, honesty, trust, and professionalism, offering a challenging environment where achievement is rewarded.
Opportunity to work in a leading specialty insurance and reinsurance company Challenging role with scope for personal and professional development
Workplace culture that values respect, honesty, trust, and professionalism
What you'll do:
As an Assistant Underwriter, your role will be pivotal in supporting the underwriting team. You will be responsible for contributing to the operational team plans, ensuring these are implemented effectively. Your excellent understanding of underwriting activities will ensure all legal and regulatory requirements are met. You will maintain high standards of underwriting practice to minimise risk while ensuring accuracy in recording insurance risks. Your strong interpersonal skills will enable you to develop relationships with key stakeholders including customers, brokers, business partners and colleagues. Furthermore, your negotiation skills will be utilised when dealing with rates/terms and conditions for existing and new business.
- Contribute to the preparation and implementation of operational team plans
- Perform underwriting activities in line with legal and regulatory requirements
- Adhere to underwriting standards and good practice to minimise risk
- Ensure accuracy in recording and measurement of insurance risks
- Maintain underwriting files in a logical and accessible manner
- Develop relationships with key stakeholders including customers, brokers, business partners and colleagues
- Negotiate rates/terms and conditions for existing and new business
- Support credit control in payment collection
What you bring:
The ideal candidate for the Assistant Underwriter position brings experience from working in an underwriting environment within a specialised/complex area. You have achieved degree level education (or equivalent) and are ACII (or equivalent) qualified or making progress towards completion of insurance qualifications. Your strong interpersonal and communication skills complement your proficiency in MS Office applications such as Excel. You demonstrate an ability to manage conflicting priorities to meet deadlines while maintaining a strong customer orientation. Your collaborative nature enables you to work effectively within a team environment.
- Experience working in an underwriting environment within a specialised/complex underwriting area
- Degree level education (or equivalent)
- ACII (or equivalent) qualified or progress towards completion of insurance qualifications
- Strong interpersonal and communication skills
- Proficient in MS Office applications e.g. Excel
- Ability to manage conflicting priorities to achieve deadlines
- Strong customer orientation skills
- Ability to collaborate effectively within a team environment
What sets this company apart:
This company is a leading, diversified specialty insurance and reinsurance company that responds thoughtfully and creatively to find the best outcomes for their clients and business partners through carefully tailored solutions. They believe the way they work is just as important as the work they do, and they are guided by their core values of respect, honesty, trust and professionalism. This 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? Apply now!
Apply today by clicking on the link!
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.