Assistant Underwriter

Get Recruited Ltd; City Of London; Hybrid; GBP 30,000 - 35,000; Full time

Job summary

A leading MGA in Central London seeks an Assistant Underwriter to join their team. This hybrid role offers a salary of up to £35,000, depending on experience. The successful candidate will support brokers, manage underwriting processes, and engage in ongoing professional development. Candidates with a background in Commercial Insurance are preferred, along with good analytical skills. Apply now to take the next step in your insurance career.

Benefits

Competitive discretionary bonus

Life cover and health plan

Support for industry qualifications

Hybrid working options

Life cover and health plan

Qualifications

• Minimum of 2 years of experience in Insurance, preferably in Commercial Insurance.
• Understanding of underwriting processes and compliance.
• Ability to review financial statements and evaluate client stability.

Responsibilities

• Deliver support to brokers with accurate assistance.
• Manage processing of new and renewal business.
• Engage in ongoing learning related to underwriting.

Skills

Insurance Experience within Commercial Insurance

Knowledge of underwriting guidelines

Strong attention to detail

Job description

Overview

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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