At a Glance
- Tasks: Underwrite business and manage portfolios in a collaborative team environment.
- Company: Join AEGIS London, a leader in the (Re)Insurance market.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Diversity is valued here; we welcome applicants from all backgrounds.
- Why this job: Make an impact in underwriting while developing your skills in a supportive team.
- Qualifications: Experience in (Re)Insurance and strong communication skills are essential.
The predicted salary is between 50000 - 65000 £ per year.
Time Type: Full time
Working Pattern: Hybrid
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 to play a broad role across both underwriting and portfolio management within a small and collaborative team.
Duties and Accountabilities
- 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.
- Assist with performance management of the portfolio.
- 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.
- Focus on aiding the development of other members of the team.
- Liaise with other departments as appropriate (credit control, claims, underwriting risk management, etc.).
- Provide service to brokers and clients of the highest standard.
- Role will be client facing and will involve travel where appropriate in the normal course of the business.
- Work as part of a collaborative team within AEGIS London and ensure good working relationships are maintained with all colleagues.
Skills, Knowledge and Experience
- Demonstrable experience of writing profitable business globally within the (Re)Insurance market.
- Experience writing delegated authority and/or treaty business, including 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 London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage applications from all backgrounds recognising the diversity of society and our customers.
Underwriter - Portfolio Solutions employer: AEGIS Managing Agency Limited
AEGIS London is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for professionals seeking to grow in the (Re)Insurance sector. With a focus on employee development and a commitment to diversity, AEGIS offers unique opportunities for career advancement while maintaining a supportive environment where teamwork and communication thrive. The hybrid working pattern allows for flexibility, ensuring a balanced approach to work and personal life in the vibrant city of London.
Contact Details:
AEGIS Managing Agency Limited Recruitment Team
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 (Re)Insurance market and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about openings that aren't even advertised yet.
✨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, and how you've successfully managed portfolios in the past. Confidence is key!
✨Tip Number 3
Showcase your collaborative spirit! During interviews, highlight examples of how you've worked well in teams and supported your colleagues. AEGIS London values teamwork, so make sure they see you as a team player.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of the AEGIS London family.
We think you need these skills to ace Underwriter - Portfolio Solutions
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience, especially with delegated authority and treaty business, to show us you’re the right fit for our Portfolio Solutions team.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about underwriting and how your background aligns with our goals. Share specific examples of your achievements in the (Re)Insurance market to grab our attention!
Showcase Your Team Spirit:Since we value collaboration, mention any experiences where you’ve worked effectively in a team. Let us know how you’ve contributed to team success and supported your colleagues in previous roles.
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 don’t miss out on any important updates from our team!
How to prepare for a job interview at AEGIS Managing Agency Limited
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially around delegated authority and treaty business. Be ready to discuss your past experiences in writing profitable business and how you've managed portfolios effectively.
✨Show Off Your Team Spirit
Since this role is all about collaboration, think of examples where you've worked well in a team. Highlight how you've contributed to peer reviews or helped develop other team members, as this will show you're a great fit for their collaborative culture.
✨Prepare for Client Interactions
As the role is client-facing, be prepared to discuss how you handle broker and client relationships. Share specific instances where you've provided top-notch service and how you’ve navigated any challenges that arose.
✨Get Comfortable with Data
With a focus on performance management and reporting, make sure you're familiar with data analysis and Excel. Be ready to talk about how you've used these skills in previous roles to drive results and support decision-making.
