Trainee Underwriter, Insurance

Convex; City Of London; On-site; GBP 35,000; Full time

Job summary

A leading insurance firm in London is seeking a Trainee Underwriter to help build its insurance portfolio. The role involves supporting Underwriters, learning pricing strategies, and analyzing market data. Ideal candidates should possess strong critical thinking and communication skills, with fluency in additional languages being a plus. The position offers a competitive salary of £35,000/year and an attractive benefits package including a performance bonus and extensive leave options.

Benefits

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

Full Support for Professional Qualifications

Responsibilities

• Preparing for and supporting Underwriters in broker meetings and negotiations.
• Learning the technical aspects of pricing and insurance terms and conditions.
• Understanding market and competitor dynamics.
• Preparing and analysing management information and reporting.
• Liaison with operations on data entry and checking.
• Housekeeping, portfolio monitoring, renewal diary management.

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

Application Deadline: 18 January 2026

Department: Graduate & School Leaver Programme

Employment Type: Permanent

Location: London, UK

Compensation: £35,000 / year

Description

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.

As you develop into the role, some of the key tasks may include...

• 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 and 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

When you join us, you're not just accepting a job—you're securing a future. We know that top talent demands more than a standard salary, which is why we've designed an exciting benefits package. Some of the favourites for previous graduates and school leavers include...

• 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...)