Assistant Underwriter - Cargo

AEGIS; City Of London; Hybrid; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance firm in London is seeking an ambitious Assistant Underwriter to join its Cargo Underwriting team. The role involves underwriting according to established guidelines, assisting with submissions, and liaising with brokerage teams. Candidates should have experience in the Cargo market, be detail-oriented, and possess strong interpersonal skills. The position supports a hybrid working pattern, encouraging innovation and personal accountability.

Qualifications

• Experience in the Cargo market is essential; exposure to Specie is advantageous.
• Ability to prioritize workload and complete tasks accurately and organized.
• Strong communication skills are necessary.

Responsibilities

• Underwrite according to personal authority and syndicate procedures.
• Assist with submissions, quotes, and slips timely and accurately.
• Liaise with underwriters, brokers, and external auditors.

Skills

Attention to detail

Interpersonal skills

Analytical skills

Teamwork

Education

Part ACII qualified or working towards ACII

Tools

Microsoft Office Suite

Job description

Time Type: Full time

Working Pattern: Hybrid

Purpose of the Role

AEGIS London have a vacancy in the Cargo Underwriting team for a high performing and ambitious Assistant Underwriter. This is an excellent opportunity for an Underwriting Assistant currently operating within Cargo looking to advance their career or an Assistant Underwriter in this line of business looking to join a high performing syndicate.

Duties And Accountabilities

• To underwrite in accordance with personal underwriting authority and the Syndicate’s underwriting procedures and class underwriting guidelines
• To assist with the completion of submissions, quotes and slips in an accurate and timely fashion
• Undertake checks and reviews on any binding authorities and lineslips to ensure procedures are complete and meet set requirements
• Undertake both broker and client visits as required
• Liaise with underwriters, senior management, brokers, cover holders and external auditors as required
• Provide assistance to Credit Control with advice regarding written to actual premium differences and liaising with brokers for cash collection and query resolution
• Liaise with the Aggregations Team for RMS modelling of risks and ensure the accurate entry of aggregate information, if required
• Generate ad hoc reports and analyse data to maximise the team’s knowledge
• To assist with the production of internal and external presentations
• Continue to develop knowledge and experience in the respective class of business
• To complete other adhoc duties as directed

Skills, Knowledge And Experience

• Experience of working within Cargo market is essential and exposure to Specie would be advantageous
• Strong attention to detail
• Ability to prioritise workload and complete tasks in a timely, accurate and organised manner
• Ability to work effectively within a team and on an individual basis
• Excellent interpersonal and communication skills
• Excellent analytical skills
• A solid understanding of the Lloyd’s and/or London market
• Part ACII qualified or working towards ACII.
• Good understanding of Microsoft Office Suite

AEGIS Values

Fairness and respect

We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.

Open and inclusive

We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.

Ambitious

We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.

Striving to be better

We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.

Investing in people’s potential

We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.

AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.

It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on [phone] or email [e-mail].

As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential.