Assistant Underwriter - War & Terrorism

AEGIS; City Of London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance provider is looking for an experienced Assistant Underwriter in London. You will underwrite Terrorism & Political Violence portfolios while ensuring high service standards and managing relationships with brokers and clients. The ideal candidate will possess strong analytical skills, geopolitical knowledge, and the ability to work collaboratively. This hybrid role offers a dynamic work environment.

Qualifications

• Working knowledge of the Terrorism / PV market and policy wordings.
• Strong geopolitical interests and understanding of security environments.
• Ability to work well in a team and individually.

Responsibilities

• Underwrite Terrorism & Political Violence business.
• Ensure high standard service to brokers and policyholders.
• Monitor premium income and aggregates.

Skills

Knowledge of Terrorism / PV market

Strong geopolitical interests

Ability to work collegiately

Well-developed social skills

Excellent organisational and planning skills

Strong negotiation and decision-making skills

Good presentation and communication skills

Excellent analytical skills

Progress towards ACII completion

Degree level or similar in relevant field

Education

Degree level or similar in relevant subject field

Job description

Overview

Time Type: Full time

Working Pattern: Hybrid

Purpose of the Role
AEGIS London is currently seeking an experienced Assistant Underwriter to assist in the underwriting and development of the syndicate’s global Terrorism & Political Violence portfolio in accordance with the Syndicate’s Business Plan, class strategy, Underwriting Guidelines and personal underwriting authorities.

Duties And Accountabilities

• To responsibly underwrite Terrorism & Political Violence business in accordance with personal underwriting authorities and the Syndicate’s underwriting procedures, referring risks to the Class Underwriter or Head of Specialty when or if required
• To ensure that the service provided to brokers, coverholders and policyholders is of the highest standard
• To ensure that renewals are handled with in a timely, efficient and thorough manner in line with strategic goals
• To monitor Opal, binders, facilities and lineslips for, declarations, premium income and aggregates, including the undertaking of referrals and reviews when applicable
• Liaise with senior underwriters, senior management, brokers, coverholders and external auditors as required
• To process documents via AEGILITY, including quotes, submissions, renewals, endorsements and potentially new business
• Assist Credit Control with advice regarding written to actual premium differences and liaising with brokers for cash collection and query resolution
• Continue to develop underwriting and technical knowledge
• To undertake business travel when appropriate in order to cultivate and maintain business relationships
• To complete other duties as directed, including project work and the production of ad hoc reports

Skills, Knowledge And Experience

• A working knowledge of the Terrorism / PV market, including comprehension of policy wordings, coverages, premium rates and risk factors
• Strong geopolitical interests; including a sophisticated understanding of regional and global security environments
• The ability to work collegiately as part of a team, as well as individually when required
• Well developed social skills with the ability to forge and maintain long-term relationships with key stakeholders
• Excellent organisational and planning skills, including the ability to prioritise and manage time effectively
• Strong negotiation and decision-making skills
• Good presentation and communication skills
• Excellent analytical skills
• Preferably making progress towards ACII completion, or prepared to study towards ACII
• Degree level or similar in a relevant subject field would be advantageous

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.