Trainee Underwriter, Reinsurance (LDN)

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

Job summary

A leading reinsurance company in London is seeking a Trainee Underwriter to support their Reinsurance Underwriting team. This role involves building relationships, assisting with administrative tasks, and gaining insights into the underwriting process. The ideal candidate will possess strong communication and critical thinking skills, and embrace a collaborative work environment. This position offers an attractive benefits package, including an annual performance bonus and professional development support.

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…)

Responsibilities

• Build good working relationships with underwriting teams and communicate with management.
• Support the Underwriting Support Assistant team with administration.
• Learn about the relevant line of business.
• Assist with pre‑underwriting calculations.
• Attend peer review meetings and prepare necessary documentation.
• Produce data for business planning.
• Manage the flow of bound risks from underwriters.
• Run underwriting and MI reports.
• Assist with new business renewals.
• Answer processing and credit control queries within SLA.
• Provide general assistance to underwriters.
• Liaise with brokers and internal departments.
• Identify process improvements and escalate issues.
• Ensure all underwriting activity complies with guidelines.

Skills

Critical thinking and problem‑solving

Communication skills

Collaboration and teamwork

Leadership and initiative

Adaptability and resilience

Digital literacy

Time management and organisation

Job description

Trainee Underwriter, Reinsurance (LDN)

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 Reinsurance Underwriting team who would love to help build the reinsurance 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.

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

• Build good working relationships with underwriting teams and ensure that underwriting management are regularly communicated with and kept up to date
• Support the Underwriting Support Assistant team who will be taking ownership of all aspects of the administration and referrals
• Learn and develop an understanding of the relevant line of business
• Pre‑underwriting calculations and work as directed by the underwriter
• Attend peer review meetings and participate in discussions on risks within the division. To ensure peer review packs/meeting preparation is completed and logged on the underwriting system
• Produce and collate data for business planning
• To manage the flow of bound risks received from the underwriters
• Run underwriting and MI reports as required
• To assist with recording all new business renewals
• To ensure all processing and credit control queries are answered within SLA time frames
• To provide general assistance to underwriters with all administrative duties
• To liaise with brokers upon request in addition to internal departments such as credit control, claims & compliance
• To work in conjunction with the booking and underwriting teams to ensure efficient working practices are in place e.g., identifying process improvements, providing feedback to reduce rework or errors and escalating any blockages to the team leader
• To be aware of the regulatory impact and ensure all underwriting activity is always within the guidelines
• To work within the Company’s code of conduct

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.

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…)