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Assistant Underwriter, PRS

Chubb

City of Westminster

On-site

GBP 30,000 - 40,000

Full time

Yesterday
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Job summary

A leading insurance provider in the City of Westminster is seeking an Assistant Underwriter to support the HNW underwriting team. This role involves managing mid-term adjustments and ensuring the service delivery is accurate and efficient. Candidates should have strong interpersonal skills, attention to detail, and be progressing towards CII qualifications. The position offers generous benefits, including a pension scheme and 25 days of annual leave.

Benefits

Pension and annual bonus scheme
25 days annual leave plus ability to purchase 5 additional days
Private Medical cover
Employee Share Purchase Plan
Life Assurance
Subsidised gym membership
Comprehensive Learning & development offerings
Employee Assistance program

Qualifications

  • Strong attention to detail and accuracy in service delivery.
  • Excellent interpersonal and communication skills.
  • Strong organizational and time management skills.

Responsibilities

  • Assist underwriters in evaluating and processing HNW risks.
  • Handle MTAs such as address changes and vehicle additions.
  • Ensure compliance with Chubb policies and regulations.
  • Build and maintain strong relationships with HNW brokers.

Skills

Interpersonal skills
Attention to detail
Organizational skills
Team player

Education

A level or equivalent education
Progress towards Chartered Insurance Institute qualifications (CII)
Job description

As the PRS business continues to grow, the Assistant Underwriter plays a critical role in supporting the HNW underwriting team. This position is responsible for managing a high volume of mid-term adjustments (MTAs) via phone and email, ensuring accurate and efficient service delivery to brokers and clients. Assistant Underwriters work closely with underwriters, receiving ongoing training and coaching to support their professional development and progression toward underwriting roles.

Responsibilities
  • Assist underwriters in evaluating and processing HNW risks across all business classes (property, valuables, motor).
  • Handle MTAs such as additional property locations, address changes, and vehicle additions, within delegated authority limits (typically £1M-£4M, with specific thresholds for jewellery, fine art, etc.).
  • Ensure all risk information & documentation is complete, accurate & compliant before binding cover.
  • Serve as a primary contact for brokers, providing prompt, professional, and knowledgeable support via telephone (approx. 75% of daily activity), email, and broker portal.
  • Build and maintain strong relationships with HNW brokers to ensure smooth communication and optimal service delivery.
  • Proactively follow up with brokers to obtain outstanding information and progress MTAs.
  • Accurately input and maintain data within the underwriting system.
  • Ensure all activities comply with Chubb policies, underwriting guidelines, FCA regulations, and data protection standards.
Essential
  • Progress towards Chartered Insurance Institute qualifications (CII)
  • Educated to A level standard or equivalent
  • Excellent interpersonal & communication skills, with the ability to build rapport with brokers & internal teams.
  • Strong attention to detail & accuracy with a desire to provide service of the highest quality.
  • Strong organisational & time management skills; able to handle multiple priorities.
  • A team player with a proactive, solutions focussed attitude.
Desirable
  • Previous experience in an insurance or underwriting support role, ideally within personal lines or HNW
  • Experience in liaising with brokers
What we offer in return
  • Pension and annual bonus scheme
  • 25 days annual leave plus ability to purchase 5 additional days
  • Private Medical cover
  • Employee Share Purchase Plan
  • Life Assurance
  • Subsidised gym membership
  • Comprehensive Learning & development offerings
  • Employee Assistance program

Our core values dictate how we live and work. We're an ethical and honest company that's wholly committed to its clients. A business that's engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that's collaborative and supportive. Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters. https://www2.chubb.com/emea-careers/working-for-us/diversity-inclusion.aspx

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