Assistant Underwriter

Sompo; Birmingham; On-site; GBP 26,000 - 38,000; Full time

Benefits offered by this job

Health & Wellness

Retirement Plans

Parental Leave

Job summary

Sompo UK is seeking an Assistant Underwriter to join our UK Regions Property team within the UK Commercial Lines business, based in Birmingham.

The role supports underwriters from submission to binding, handles broker inquiries, and helps with pricing models and reporting. A minimum of 1 year Property Insurance experience and strong analytical, communication, and detail-focused skills are essential.

Qualifications

• Minimum of 1 year Property Insurance experience.
• Strong interpersonal and communication skills.
• Able to work independently and as part of a close-knit team.
• Highly analytical with good logic and critical thinking.

Responsibilities

• Support underwriters from submission of risk through binding.
• Respond to broker/internal queries promptly with first-class service.
• Maintain relationships with brokers and third parties.
• Contribute to underwriting services projects and pricing models.
• Prepare financial analyses to support underwriting decisions.

Skills

Property insurance

Interpersonal skills

Independent work

Analytical thinking

Attention to detail

MS Office

Deadline-driven

Tools

MS Office

Job description

Are you looking for your next opportunity? Sompo has a unique opportunity for an Assistant Underwriter in our UK Regions Property team in our UK Commercial Lines business.

Our Corporate Property team writes large commercial risks across the UK and International markets. Our clients present challenging and complex risks often with multinational requirements. Sompo have the capabilities to participate as both a lead or follow market and we work across our network of brokers to secure long term partnerships with our target customers. This opportunity sits within our UK Regions segment.

Location: This position will be based out of our Birmingham office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

• Support underwriters from submission of a risk through to binding through all aspects of the underwriting process.
• Respond to general mid-term questions from brokers and/or internal stakeholders in a timely and professional manner, delivering a first-class service and within authority parameters
• Interact with brokers and other external parties including third party business providers, including the maintenance and development of good working relationships.
• Contribute towards underwriting services projects relating to the improvement of existing services
• Maintain timely and accurate risk, exposure and premium accounting in the company’s policy administration and documentation management systems
• Assist underwriting/modelling with completing pricing models
• Provide ad-hoc support to underwriting teams as required
• Prepare financial and other types of analysis to support the underwriting team

What You’ll Bring

• Minimum of 1 year Property Insurance experience
• Strong interpersonal and communication skills- articulate and influential
• Able to work independently under their own initiative and as a part of a close-knit team
• Highly analytical with excellent logic and critical thinking skills
• Strong attention to detail with the ability to organize efficiently
• Strong work ethic with an ability to operate effectively under pressure
• Flexible approach and ability to recognize and adapt to changing business requirements
• Strong numeracy and communication skills (both verbal and written)
• Proficient in the use of MS Office (Excel, Word, PowerPoint and Outlook)
• Confident and self-driven and enjoy working to deadlines and targets

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.

Clarity in complexity.

Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

To learn more about visit our website at www.sompo-intl.com