Underwriting Assistant - Political & Financial Risk

Underwriting Assistant | Political & Financial Risk

Location: London
Sector: Lloyd's & London Insurance Market
Division: Specialty Underwriting

The Opportunity

We are working with an established specialty insurance business in the London Market seeking an Underwriting Assistant to join its Political & Financial Risk team.

This is an opportunity to support experienced underwriters within a specialist class of business, gaining exposure to technical underwriting processes, broker relationships and the wider operations of a leading insurance platform.

The successful candidate will play an important role in ensuring underwriting activities are supported accurately, efficiently and in accordance with regulatory and internal standards.

Key Responsibilities

• Provide technical and administrative support to the Political & Financial Risk underwriting team, ensuring tasks are completed accurately and within agreed timescales.
• Develop and maintain effective working relationships with underwriters, brokers and other internal and external stakeholders.
• Support the development and improvement of underwriting processes, procedures and administrative practices.
• Liaise with other business functions to ensure consistency across underwriting systems and processes.
• Maintain accurate, accessible and timely underwriting information and documentation.
• Support compliance with relevant Lloyd's standards, internal policies and regulatory requirements.
• Assist with relevant Conduct Risk and Consumer Duty processes, including the timely escalation of complaints where appropriate.
• Maintain awareness of data protection obligations and ensure information is handled in accordance with GDPR requirements.
• Take responsibility for ongoing technical learning, professional development and progression towards relevant insurance qualifications.

Candidate Requirements

• Strong numerical ability and attention to detail.
• Excellent organisational and administrative skills, with the ability to manage competing priorities.
• Confident communication skills and the ability to build positive working relationships.
• A proactive approach to problem solving and improving processes.
• An interest in developing a career within specialty insurance underwriting.
• Higher education or an undergraduate qualification is desirable.
• Progress towards CII qualifications would be advantageous.

Why Consider This Opportunity?

This role offers the opportunity to develop technical underwriting knowledge within a specialist area of the Lloyd's and London insurance market.

Working alongside experienced underwriters, the successful candidate will gain valuable exposure to underwriting operations, stakeholder relationships and regulatory processes, while developing the foundations for a longer term career in specialty insurance.

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