Assistant Underwriter

Get-Recruited (UK) Ltd; City Of London; On-site; GBP 29,000 - 35,000; Full time

Job summary

A reputable recruitment agency is seeking an Assistant Underwriter in Central London offering a salary of up to £35,000, depending on experience. The successful candidate will support brokers, manage business processes, and continuously develop expertise in underwriting while working hybrid (3 days in-office). Both MGAs and new applicants are encouraged to apply.

Benefits

Competitive salary

Support for industry qualifications

Hybrid working options

Competitive discretionary bonus

Life cover and health plan

Qualifications

• 2 years of Insurance Experience within Commercial Insurance.
• MGA Experience preferred but not essential.

Responsibilities

• Deliver outstanding support to brokers.
• Gradually gain expertise in underwriting guidelines.
• Review financial statements and evaluate clients' stability.
• Manage new and renewal business processing.
• Support underwriters in various tasks.
• Continuously engage in learning related to underwriting.
• Meet individual KPIs while contributing to team goals.

Skills

Insurance Experience

Underwriting Knowledge

Broker Relationship Management

Job description

Assistant Underwriter — Central London - Hybrid Working (3 days in the office per week)
Salary - up to 35,000 DoE

The Opportunity

We are excited to be working with a fast growing MGA who value development and growth.

You would be establishing a completely new role in the business, operating across multiple departments and gaining exposure to different lines of business which will give you a strong idea of where you may want to specialise in future. Your development is central to the organisation and they will work towards you getting authority.

Responsibilities

• Deliver outstanding support to brokers, ensuring they receive accurate and timely assistance.
• Gradually gain expertise in underwriting guidelines and strategies, applying them as you expand your authority within the role.
• Review financial statements, enter data, calculate important ratios, and evaluate the financial stability of clients.
• Manage the processing of new and renewal business in line with your authorized limits and company standards.
• Support underwriters in various tasks, helping streamline processes and ensuring documentation is accurate and complete. Build and nurture strong relationships with both current and prospective brokers to drive business growth.
• Continuously engage in learning related to underwriting, compliance, and procedures, ensuring you stay current with industry changes and standards.
• Meet individual Key Performance Indicators (KPIs) while contributing to team goals and overall success.

Person Specification

• 2 years of Insurance Experience within Commercial Insurance
• MGA Experience preferred but not essential
• Competitive Discretionary bonus.
• Life cover and health plan

Benefits

• Salary up to 35,000 dependant on experience
• MGA Experience preferred but not essential
• Support for Industry qualifications
• Hybrid working options

To Apply

If you are an Assistant Underwriter or Insurance Professional keen to make your next step, apply here for immediate consideration.

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