Assistant Underwriter, Construction

TN United Kingdom; London; On-site; GBP 30,000 - 50,000; Full time

Job summary

An established industry player in specialty insurance is seeking an Assistant Underwriter to join their dynamic Construction Team in London. This role involves providing crucial administrative support to Underwriters, ensuring compliance with underwriting standards, and maintaining accurate records. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a proactive attitude. This is a fantastic opportunity to grow within a supportive and inclusive environment that values diverse backgrounds and encourages professional development. If you are looking to make an impact in a collaborative team, this position is perfect for you.

Qualifications

• Knowledge of general insurance and understanding of risk selection.
• Ability to analyse data and present results clearly.

Responsibilities

• Provide administrative support to the Construction Team and Underwriters.
• Complete data entry and maintain electronic files on the underwriting system.

Skills

Verbal and Written Communication

Interpersonal Skills

Problem-Solving Skills

Organisational Skills

Attention to Detail

Ability to Multi-Task

Ability to Work Under Pressure

Flexibility

Using Initiative

Education

Engineering Qualification or Experience

Insurance Experience

Tools

Outlook

Excel

Word

PowerPoint

Job description

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Assistant Underwriter, Construction, London

Client:

AXIS Capital

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

cd566ad55144

Job Views:

26

Posted:

22.03.2025

Expiry Date:

06.05.2025

Job Description:

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

The role supports the Construction Team to provide the Underwriters with administrative support to help ensure that all reporting and binding targets are met.

Main Tasks

1. Completing data entry of risks underwritten on to the underwriting system.
2. Sanctions checking using the corporate software.
3. Achieve the agreed training program which includes:
1. Understanding the risk decisions, selection and underwriting.
2. Progressive training towards ACII qualification.
3. Attend Lloyd’s briefings on appropriate issues concerning the unit.
4. Understanding the risk decisions, selection and underwriting process and reviewing the slips written to ensure underwriting standards are maintained.
5. Maintain, where appropriate, office files and systems.
6. Collate all relevant information required for any internal/external audits.
7. Scan on and maintain electronic files on Swordfish.
8. Assist in the maintaining and monitoring of aggregates.
9. Responsibility for contract certainty checks.
10. First point of contact for credit control issues.
11. Exception reports.
12. Reviewing underwriting information and creating a preliminary rating model for policies.
13. Contacting brokers to request information when it is missing.
14. Complete all relevant terrorism returns.
15. Representing Axis at CCAL meetings.
16. Attend Broker meetings where appropriate.
17. Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
18. At all times consider the effect of any actions taken on the customers of Axis with the intention of improving their experience.
19. All Employees must endeavour to provide accurate, complete and appropriate data, in accordance with Axis’s Data Policy, as part of their roles and responsibilities at all times.

Background

1. Knowledge of general insurance
2. Knowledge of FCA, PRA and / or Lloyd’s

Technical Knowledge

1. Engineering Qualification or experience and/or Insurance Experience
2. Ability to analyse data and present results in a clear and concise manner

IT Skills

1. Outlook
2. Excel
3. Word
4. PowerPoint

Skills

1. Excellent Verbal and Written communication
2. Questioning and listening skills
3. Excellent interpersonal skills
4. Ability to work with minimal supervision
5. Ability to multi task and manage conflicting priorities
6. Ability to communicate and build a rapport with a wide range of people
7. Ability to work well under pressure
8. Ability to build trust by operating with integrity and professionalism
9. Excellent relationship building skills
10. Problem-solving skills
11. Strong organisational skills
12. Exceptional attention to detail skills
13. Excellent team working skills
14. Using Initiative and being proactive
15. Accuracy of information provided
16. Flexibility
17. Willingness to take on additional responsibilities/work