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Trainee Underwriter, Reinsurance (BDA)

Convex

Canada

On-site

CAD 60,000 - 80,000

Full time

25 days ago

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Job summary

A leading reinsurance firm in Hamilton, Bermuda is seeking a Trainee Underwriter to join their Reinsurance Underwriting team. This role offers the chance to participate in various tasks, support underwriting teams, and develop critical skills. The successful candidate will enjoy a competitive benefits package, including an annual performance bonus, generous leave, and support for professional qualifications.

Benefits

Annual Performance Bonus
30 days Annual Leave
3 days of Volunteer Leave
Birthday Leave
$1,500 BMD for learning & wellbeing
10% Employer Pension Contribution
Private Health Insurance Medical & Dental Cover
Full Support for Professional Qualifications

Qualifications

  • Graduate in a relevant field with strong critical thinking skills.
  • Excellent communication skills and ability to work in a team.
  • Ability to manage time and balance multiple priorities.

Responsibilities

  • Build relationships with underwriting teams and ensure communication.
  • Support the administration and referral processes.
  • Assist underwriters with all administrative duties.

Skills

Critical thinking and problem-solving
Communication skills
Collaboration and teamwork
Leadership and initiative
Adaptability and resilience
Digital literacy
Time management and organisation

Education

Graduate degree
Job description
Trainee Underwriter, Reinsurance (BDA)

Application Deadline: 18 January 2026

Department: Graduate & School Leaver Programme

Employment Type: Permanent

Location: Hamilton, Bermuda

Description

Convex is looking for a graduate to join our Reinsurance Underwriting team who would love to help build the reinsurance portfolio of the future.

Given the rapidly developing landscape, the successful candidate is expected to participate in a wide range of tasks within the team and across the business. This role will include working closely with other teams within Convex such as Claims, Analytics (actuarial, pricing, etc.), Operations, Legal and Compliance.

As you develop into the role, some of the key tasks may include...
  • Build good working relationships with underwriting teams and ensure that underwriting management are regularly communicated with and kept up to date
  • Support the Underwriting Support Assistant team who will be taking ownership of all aspects of the administration and referrals
  • Learn and develop an understanding of the relevant line of business
  • Pre-underwriting calculations and work as directed by the underwriter
  • Attend peer review meetings and participate in discussions on risks within the division. To ensure peer review packs/meeting preparation is completed and logged on the underwriting system
  • Produce and collate data for business planning
  • To manage the flow of bound risks received from the underwriters
  • Run underwriting and MI reports as required
  • To assist with recording all new business renewals
  • To ensure all processing and credit control queries are answered within SLA time frames
  • To provide general assistance to underwriters with all administrative duties
  • To liaise with brokers upon request in additional to internal departments such as credit control, claims & compliance
  • To work in conjunction with the booking and underwriting teams to ensure efficient working practices are in place e.g., identifying process improvements, providing feedback to reduce rework or errors and escalte any blockages to the team leader
  • To be aware of the regulatory impact and ensure all underwriting activity is always within the guidelines
  • To work within the Company’s code of conduct
Skills Knowledge and Expertise
  • Critical thinking and problem-solving – evaluating evidence and making sound judgments.
  • Communication skills – clear and professional writing, presentation, and teamwork communication.
  • Collaboration and teamwork – contributing effectively to group objectives.
  • Leadership and initiative – taking responsibility and motivating others.
  • Adaptability and resilience – thriving in dynamic or challenging environments.
  • Digital literacy – using digital tools, data, and platforms effectively and ethically.
  • Time management and organisation – balancing multiple priorities efficiently.
Benefits

When you join us, you're not just accepting a job—you're securing a future. We know that top talent demands more than a standard salary, which is why we've designed an exciting benefits package. Some of the favourites for previous graduates and school leavers include...

  • Annual Performance Bonus
  • 30 days Annual Leave
  • 3 days of Volunteer Leave each year
  • Birthday Leave
  • $1,500 BMD to spend on learning & wellbeing
  • 10% Employer Pension Contribution
  • Private Health Insurance Medical & Dental Cover
  • Full Support for Professional Qualifications (IFoA, CII, CFA, etc...)
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