Underwriting Assistant

Massenhove Recruitment Limited; City Of London; On-site; GBP 32,000 - 46,000; Full time

Job summary

Massenhove Recruitment Limited is seeking an experienced Underwriting Assistant for a leading commercial insurer in London. You will be trained quickly to progress to Assistant Underwriter, handling Existing Business and mid-term adjustments.

You will assess property and liability risk for SME packages, determine terms and premiums within authority, and support the sales and risk management aims. The role emphasizes timely broker support, strong relationships with brokers and trading partners,

Qualifications

• Minimum 2 years underwriting experience.
• Experience in Property & Liability for SME commercial packages.
• Ability to progress quickly to Assistant Underwriter.

Responsibilities

• Meet brokers' service level expectations.
• Identify cover, hazards, pricing implications for risks.
• Apply underwriting controls and maintain policy terms.
• Support new business development and mid-term adjustments.
• Build relationships with trading partners to drive profitable business.
• Operate within underwriting authority and guidelines.

Skills

Underwriting experience

Property & Liability

SME knowledge

Job description

OUTSTANDING PROGRESSIVE OPPORTUNITY

Underwriting Assistant - Commercial Insurance

Purpose of Role/Job Overview

As an experienced Underwriting Assistant, you will be immediately trained up to quickly progress to become an Assistant Underwriter with every opportunity to develop to full Underwriter level.

You will provide efficient, timely and professional support to brokers, initially for Existing Business and mid term adjustments, but will be trained and fast tracked to write new business, initially on smaller risk enquiries as you develop your underwriting skills.

You must have previous experience in Property & Liability for the SME Commercial package policies and at least 2 years' experience within underwriting.

You will assist the business to achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels, demonstrate your contribution to loss ratio control by effectively adhering to Company's underwriting controls and positively reinforce and display company values and to actively drive the business forward in achieving its objectives.

Key Accountabilities:

• Meeting and where possible, exceeding brokers service levels and expectations.
• Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
• Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.
• Build and maintain strong relationships with key trading partners to maximize influence.
• Support the development and operation of sales campaigns to drive the acquisition of profitable business.
• Support wider team.

Other Activities, Duties and Responsibilities:

• Maintain and develop market awareness.
• Maintain good working relationships with all internal departments.
• Maintain an open communication ethos with colleagues and managers.
• Demonstrate "model behaviours"
• Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.
• Contribute to wider business activities.
• Operate within individual underwriting authorities and guidelines.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.