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Assistant Underwriter War & Terrorism

AEGIS London

Greater London

Hybrid

GBP 30,000 - 50,000

Full time

2 days ago
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Job summary

A global insurance syndicate in Greater London is looking for an experienced Assistant Underwriter to assist in underwriting Terrorism & Political Violence portfolios. The candidate needs extensive knowledge of the Terrorism market, strong geopolitical interests, and the ability to work both independently and as part of a team. The position offers a full-time role with a hybrid working pattern and the opportunity to develop underwriting skills in a dynamic environment.

Qualifications

  • 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 independently.

Responsibilities

  • Underwrite Terrorism & Political Violence business according to underwriting authorities.
  • Ensure high standard of service for brokers and policyholders.
  • Process documents via AEGILITY including quotes and renewals.

Skills

Working knowledge of Terrorism/PV market
Strong geopolitical interests
Ability to work independently and in a team
Excellent organisational and planning skills
Strong negotiation and decision-making skills
Good presentation and communication skills
Excellent analytical skills

Education

Degree level or similar in relevant field
Progress towards ACII completion

Tools

Microsoft Excel
Microsoft Word
Adobe Acrobat
Job description

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 syndicates global Terrorism & Political Violence portfolio in accordance with the Syndicates 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 Syndicates 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 independently 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 peoples 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.

Its 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 44(0) or email

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

Key Skills

Employee Orientation,Data Entry,Compliance,Organizational skills,Adobe Acrobat,Math,Microsoft Word,Office Experience,Workers' Compensation Law,Microsoft Excel,Underwriting,Administrative Experience

Employment Type: Full-Time

Experience: years

Vacancy: 1

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