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 working pattern, competitive salary, and opportunities for professional growth.
- Other info: Diversity and inclusion are at the heart of our culture; all backgrounds are welcome.
- 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 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 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
- 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 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
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at AEGIS London. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in underwriting and portfolio management. Share specific examples of how you've successfully managed portfolios or generated new business opportunities.
✨Prepare for Interviews
Do your homework on AEGIS London and the Portfolio Solutions team. Be ready to discuss how your skills align with their needs, especially around delegated authority and treaty business. Practice common interview questions to boost your confidence!
✨Follow Up
After any interviews or networking chats, send a quick thank-you note. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a great way to reiterate your interest in the role!
We think you need these skills to ace Underwriter - Portfolio Solutions
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to 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 can contribute to our Portfolio Solutions team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our goals at AEGIS London. We love seeing genuine enthusiasm for the role!
Showcase Your Team Spirit:Since this role involves collaboration, make sure to mention any experiences where you've worked well in a team. We value good relationships and teamwork, so let us know how you can contribute to our collaborative environment.
Apply Through Our Website:Don't forget to apply 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 – just follow the prompts and submit your materials!
How to prepare for a job interview at AEGIS
✨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 and how they align with the role's requirements. This will show that you're not just familiar with the concepts but can also apply them effectively.
✨Showcase 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 team success and supported your colleagues. AEGIS London values teamwork, so demonstrating your ability to build relationships will set you apart.
✨Prepare for Client Interactions
As the role involves client-facing responsibilities, practice how you would present information to brokers and clients. Think about how you can communicate complex ideas clearly and concisely. Being able to articulate your thoughts will show that you can maintain high service standards.
✨Get Familiar with Their Culture
Research AEGIS London’s approach to diversity and inclusion. Be prepared to discuss how you can contribute to a collaborative working environment. Showing that you understand and value their culture will demonstrate that you’re a good fit for the team.
