Assistant Underwriter

PZL; City Of London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading company in the insurance sector is seeking an Assistant Underwriter based in London. The ideal candidate will have at least 2 years of experience in Property risk and will provide professional support to brokers while enhancing customer service excellence. You will be involved in building relationships with trading partners and supporting business acquisition efforts.

Qualifications

• Minimum 2 years relevant experience in insurance.
• Understanding of UK insurance market and SME Property/Commercial insurance.
• Thorough understanding of underwriting processes.

Responsibilities

• Provide efficient support to brokers for new business and general enquiries.
• Achieve income and profit objectives through new business team.
• Identify cover and hazards impacting risk acceptance.

Skills

Communication

Organization

Time Management

Adaptability

Relationship Building

Negotiation

Market Knowledge

Analytical Skills

Education

GCSEs including Maths and English or equivalent

CERT CII, DIP CII, or equivalent

Job description

We are looking for an Assistant Underwriter, or Underwriting Assistant looking to take that next step up the ladder with 2 years Property risk experience.

Job Title: Assistant Underwriter

Department: Property

Location: London

Company Profile

Our client is one of the largest independent Managing General Agents (MGAs). Their flexible products and blend of traditional values with modern technology ensure a seamless experience that sets the benchmark for customer service in the industry.

Purpose Of Role/Job Overview

To provide efficient, timely, and professional support to brokers for New Business and general enquiries. Must have experience in Property for SME package policies and at least 2 years experience in the SME package policies sector. To achieve income and profit objectives through the new business team, determine policy terms, and calculate premiums in line with authority levels. To positively reinforce and display the client's values and actively drive the business forward in achieving its objectives.

Key Accountabilities

• Meeting and, where possible, exceeding brokers' service levels and expectations.
• Support wider team.
• Identify cover and hazards impacting risk acceptance, pricing, or terms.
• Understand the impact of claims and risk management on case performance.
• Build and maintain strong relationships with key trading partners.
• Support sales campaigns to drive profitable business acquisition.

Other Activities, Duties, And Responsibilities

• Maintain and develop market awareness.
• Maintain good relationships with internal departments.
• Operate within individual underwriting authorities and guidelines.
• Comply with legal, regulatory, and contractual requirements.
• Contribute to wider business activities.

Skills/Abilities/Competencies

• Good communication and organizational skills.
• Effective time management and prioritization.
• Adaptability to change.
• Ability to work successfully in a small company environment.
• Proven relationship-building skills.
• Negotiation and decision-making skills.
• Market knowledge of legal, regulatory, and technical aspects.
• Numeracy, analytical, and literacy skills.
• Understanding of UK insurance market and SME Property/Commercial insurance.
• Thorough understanding of underwriting processes.
• Minimum 2 years relevant experience in insurance.
• GCSEs including Maths and English or equivalent.
• CERT CII, DIP CII, or equivalent.

Personal Attributes

• Friendly, professional demeanor and team orientation.
• Mentoring abilities.
• Customer-focused and driven to excel.
• Commitment to diversity and inclusion, treating all with fairness and respect.