At a Glance
- Tasks: Underwrite business and manage portfolios in a collaborative team environment.
- Company: Join AEGIS London, a forward-thinking company valuing diversity and innovation.
- Benefits: Hybrid work model, competitive salary, and opportunities for personal growth.
- Other info: Diverse and inclusive workplace with excellent career advancement opportunities.
- Why this job: Make an impact in the Re(Insurance) market while developing your skills.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 50000 - 70000 € per year.
Purpose of the Role
AEGIS London currently has a vacancy in the Portfolio Solutions team for an Underwriter to help service, build and diversify the portfolio alongside the existing team. The role will involve underwriting delegated authority and treaty business. It will also require acting as a point person for certain administrative activities, including EPI management, bordereaux queries and related operational processes. This is an opportunity for an underwriter to play a broad role across both underwriting and portfolio management within a small and collaborative team.
Duties and Accountabilities
- To underwrite business on behalf of the Syndicate in accordance with personal underwriting authority and the Syndicate’s underwriting procedures and class underwriting guidelines; achieving the business mix, planned premium income and ultimate loss ratios as contained within the agreed business plan.
- To assist with performance management of the portfolio.
- To share information and collaborate with the team, including regular peer reviews and ensuring risk records are complete and available for review in a timely manner.
- A focus on aiding the development of other members of the team.
- To liaise with other departments as appropriate (credit control, claims, underwriting risk management etc).
- To provide service to brokers and clients of the highest standard. The role will be client facing and will involve travel where appropriate in the normal course of the business.
- To work as part of a collaborative team within AEGIS London and ensure good working relationships are maintained with all colleagues.
Skills, Knowledge and Experience
The successful candidate will have:
- Demonstrable experience of writing profitable business globally within the Re(Insurance) market.
- Experience writing Delegated Authority and/or Treaty business. This will include generating new business opportunities and handling all aspects of the underwriting process as well as ongoing portfolio management and reporting.
- Strong organisation, administration and planning skills.
- Well-developed presenting, analytical and negotiation skills.
- Good communication skills with the ability to present well to both internal and external audiences.
- ACII qualification would be advantageous, or progress towards it.
- Good IT skills including MS Office applications with a particular focus on Excel and good ability to learn new systems.
- The ability to work as part of a team and build relationships with both internal and external stakeholders.
AEGIS Values
- Fairness and respect: We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.
- Open and inclusive: We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.
- Ambitious: We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.
- Striving to be better: We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.
- Investing in people’s potential: We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.
AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on +44(0)20 7856 7856 or email recruitment@aegislondon.co.uk.
As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential.
Underwriter - Portfolio Solutions employer: AEGIS London
AEGIS London is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to reach their full potential. With a strong focus on fairness, respect, and personal growth, the company offers meaningful opportunities for professional development within the dynamic field of reinsurance. Located in the heart of London, AEGIS provides a hybrid working model that supports flexibility, ensuring a healthy work-life balance while engaging with a diverse team committed to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Portfolio Solutions
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Underwriter role!
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss your experience with Delegated Authority and Treaty business. Show them you’re not just a candidate, but the candidate they need!
✨Tip Number 3
Practice your presentation skills! As an Underwriter, you’ll need to communicate effectively with brokers and clients. Try doing mock presentations with friends or family to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Underwriter - Portfolio Solutions
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Underwriter role. Highlight your experience in writing profitable business and any relevant skills that match the job description. We want to see how you fit into our team!
Showcase Your Skills:Don’t forget to emphasise your strong organisation, administration, and planning skills. Mention any experience with Delegated Authority and Treaty business, as this is key for us. Let’s see what makes you stand out!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to read. We appreciate a well-structured application that gets straight to the good stuff!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at AEGIS London
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially around delegated authority and treaty business. Be ready to discuss your experience in writing profitable business globally and how you've managed portfolios in the past.
✨Showcase Your Team Spirit
Since this role involves collaboration, be prepared to share examples of how you've worked effectively within a team. Highlight any experiences where you've contributed to peer reviews or helped develop other team members.
✨Communicate Clearly and Confidently
Good communication is key, especially as you'll be client-facing. Practice presenting your ideas clearly and concisely, and think about how you can demonstrate your negotiation skills during the interview.
✨Demonstrate Your Organisational Skills
With a focus on administration and planning, be ready to discuss how you manage your workload and keep track of important details. Share specific tools or methods you use to stay organised, particularly with Excel and other IT systems.
