At a Glance
- Tasks: Underwrite business and manage portfolios while collaborating with a dynamic team.
- Company: Join AEGIS London, a leader in the Re(Insurance) market with a focus on diversity.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Embrace a culture of equality, diversity, and inclusion at AEGIS London.
- Why this job: Make an impact in a collaborative environment while developing your underwriting skills.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 60000 - 80000 £ 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 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, 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 a good ability to learn new systems.
- The ability to work as part of a team and build relationships with both internal and external stakeholders.
Equality, Diversity and Inclusion
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.
Underwriter - Portfolio Solutions in London employer: AEGIS
AEGIS London is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for Underwriters seeking to grow their careers. With a focus on employee development and a commitment to diversity, AEGIS offers unique opportunities for professional advancement while working in a dynamic hybrid environment. The company's emphasis on teamwork and high standards of client service ensures that employees are not only valued but also empowered to make meaningful contributions to the portfolio management process.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Portfolio Solutions in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like AEGIS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Underwriter - Portfolio Solutions in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AEGIS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on AEGIS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at AEGIS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AEGIS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at AEGIS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former AEGIS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
