Junior Underwriter Trainee

Mosaic Insurance; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global specialty insurance agency is seeking a Junior Underwriter Trainee in London. This role involves learning underwriting procedures, supporting on political risk placements, and contributing to business processes. Ideal candidates will have 2 A-Levels, good organizational skills, and a detail-oriented mindset. The agency offers a competitive compensation package and opportunities for career growth.

Benefits

Competitive total rewards compensation package

Opportunities for growth

Qualifications

• 2 A-Levels (or equivalent) required.
• GCSEs in English and Maths grade C or above are mandatory.
• Undergraduate degree is preferred.
• Experience in the insurance sector is advantageous.

Responsibilities

• Learn underwriting procedures, policies, and processes.
• Support commercial strategy and ensure business is processed accurately.
• Maintain records and monitor claims and statistics.

Skills

Detail-oriented

Excellent verbal and written skills

Good organizational skills

Ability to liaise at all levels

Hard-working and committed

Education

2 A-Levels (or equivalent)

GCSEs English and Maths grade C or above

Undergraduate degree preferred

Tools

Excel

Job description

Political Risk Junior Underwriter Trainee

Mosaic is a global specialty insurance agency with exceptional expertise, a focus on complex products, and a distinctive operating model. Our innovative structure allows deployment of different forms of capital in full alignment for the benefit of clients and partners. We currently underwrite for close to 30 carriers alongside our Lloyds Syndicate 1609 offering lead-line + syndicated capacity, custom service, and full claims-settlement authority across seven product lines in seven countries. We harness the heritage of Lloyds and benefit from the markets global licenses and financial-strength ratings.

Job Spec

Mosaic Political Risks team is looking for a Junior Underwriter Trainee to join us in London to support our work on political risk placements.

Responsibilities

• Learning underwriting procedures, policies & processes
• Learning commercial strategy
• Ensuring new and renewal business is effectively and accurately processed, including setting of risk entries and reinsurance arrangements, maintaining computer and manual records
• Monitoring statistics, aggregates, and claims and reporting
• Monitoring credit control
• Providing general administrative support
• Providing management information reports for underwriters, as required
• Ensuring compliance with and maintenance of syndicate systems

Skills, Experience And Education

• 2 A-Levels (or equivalent)
• GCSEs English and Maths grade C or above
• Undergraduate degree preferred
• Use of software programs, particularly Excel
• Experience with insurance sector preferred
• Detail-oriented
• Excellent verbal and written skills
• Ability to liaise at all levels and be approachable
• Good organizational skills and management aptitude
• Hard-working and committed

Mosaic offers you

• True entrepreneurial culture
• Very competitive total rewards compensation package, reflecting growth of the business
• Opportunity to growth with this class of business

Mosaic celebrates diversity, equity and inclusion. We embrace these pillars of excellence as crucial to our business success. We are an Equal Opportunity Employer.