Trainee Underwriter, Insurance

Convex Insurance; City Of London; On-site; GBP 31,500 - 38,500; Full time

Benefits offered by this job

Annual Performance Bonus

30 days Annual Leave

3 days of Volunteer Leave

Birthday Leave

£1,300 for learning & wellbeing

10% Employer Pension Contribution

Private Health Insurance Medical & Dental Cover

Full Support for Professional Qualifications

Job summary

A leading insurance firm is seeking a Trainee Underwriter to support their Insurance Underwriting team in London. The role involves collaborating with various teams on risk evaluation and pricing, while also assisting in broker meetings. Candidates should have strong problem-solving and communication skills, with fluency in French, Italian, or Spanish being a plus. The position offers excellent benefits including an annual performance bonus and extensive leave options.

Qualifications

• No specific educational qualifications mentioned, but a graduate background is required.
• Strong communication and team collaboration skills are essential.
• Digital literacy and effective time management are required.

Responsibilities

• Support Underwriters in broker meetings and negotiations.
• Learn technical aspects of pricing and insurance terms.
• Prepare and analyse management information relating to risks.
• Liaise with operations on data entry and checking.
• Monitor portfolio and manage renewal diaries.

Skills

Critical thinking and problem-solving

Communication skills

Collaboration and teamwork

Leadership and initiative

Adaptability and resilience

Digital literacy

Time management and organisation

Fluency in French, Italian or Spanish

Job description

Trainee Underwriter, Insurance – Convex Insurance

Location: London, UK

Compensation: £35,000 / year

Application Deadline: 6 January 2026

Department: Graduate & School Leaver Programme

Convex is looking for a graduate to join our Insurance Underwriting team who would love to help build the insurance portfolio of the future.

Given the rapidly developing landscape, the successful candidate is expected to participate in a wide range of tasks within the team and across the business. This role will include working closely with other teams within Convex such as Claims, Analytics (actuarial, pricing, etc.), Operations, Legal and Compliance. Underwriters are responsible for risk evaluation, pricing and acceptance in building and managing a portfolio of insurance risks.

Key Tasks

• Preparing for and supporting Underwriters in broker meetings and negotiations.
• Learning the technical aspects of pricing and insurance terms and conditions alongside and within the Underwriting team.
• Understanding market and competitor dynamics.
• Preparing and analysing management information and reporting relating to specific risks and portfolios of risk. This may include verbal and formal presentations to Underwriters and Underwriting Managers.
• Liaison with operations on data entry and checking.
• Housekeeping, portfolio monitoring, renewal diary management and other administrative tasks.

Skills, Knowledge & Expertise

• Critical thinking and problem-solving – evaluating evidence and making sound judgments.
• Communication skills – clear and professional writing, presentation, and teamwork communication.
• Collaboration and teamwork – contributing effectively to group objectives.
• Leadership and initiative – taking responsibility and motivating others.
• Adaptability and resilience – thriving in dynamic or challenging environments.
• Digital literacy – using digital tools, data, and platforms effectively and ethically.
• Time management and organisation – balancing multiple priorities efficiently.
• Fluency in French, Italian and/or Spanish (spoken and written) is desirable for certain Lines Of Business.

Benefits

• Annual Performance Bonus
• 30 days Annual Leave
• 3 days of Volunteer Leave each year
• Birthday Leave
• £1,300 to spend on learning & wellbeing
• 10% Employer Pension Contribution
• Private Health Insurance Medical & Dental Cover
• Full Support for Professional Qualifications (IFoA, CII, CFA, etc.)