At a Glance
- Tasks: Assist with data analysis, maintain relationships, and research new business opportunities.
- Company: AmTrust, a global insurance provider with a dynamic and innovative culture.
- Benefits: On-the-job training, support for professional development, and opportunities for career advancement.
- Other info: Join a supportive team and embrace a fast-paced environment with exciting challenges.
- Why this job: Kickstart your career in underwriting with hands-on experience and growth potential.
- Qualifications: Strong academic background in numerate disciplines; analytical skills and Excel proficiency required.
The predicted salary is between 30000 - 40000 £ per year.
AmTrust is a global insurance provider offering risk‑management solutions and business underwriting. Today AmTrust International underwrites over $1.8 billion of gross written premiums and employs more than 1500 employees globally. At AmTrust, our business is always on the move. Life at AmTrust offers a challenge for motivated employees, but our fast‑paced environment always provides a chance to celebrate the creativity and innovation of individuals. From our founding in 1998, AmTrust has generated steady, stable, and positive growth with the acquisition of multiple companies. Our success boils down to the spirit of all our employees, from accountants and appointed agents to marketers and designers. The entrepreneurial spirit, innovation, and collaboration of AmTrust employees has propelled our brand forward. AmTrust’s robust growth over the past three decades means our employees have numerous possibilities to not just launch a career in insurance, but also have the opportunity to advance and mature that career.
We’re now looking for an Assistant Underwriter to join our London based underwriting team. This is an excellent opportunity for a highly motivated graduate or early‑career professional who is eager to learn, develop their technical skills, and build a long‑term career in underwriting. Whether you’ve gained experience through internships or have had exposure to underwriting or other areas within insurance, this role offers hands‑on experience and clear development opportunities.
What You’ll Do
- Assist with data analysis and reporting, including preparing and maintaining underwriting reports using Excel.
- Help maintain broker and client relationships through effective communication and timely responses.
- Research new business opportunities and monitor market trends.
- Keep accurate underwriting records.
- Contribute to compliance and regulatory processes.
We’re looking for a candidate with a strong academic background, ideally in a numerate or business‑focused discipline such as Mathematics, Economics, Actuarial Science, or Business. You may have gained some experience in insurance through an internship or up to 1–2 years in a similar role, with any underwriting exposure considered advantageous but not essential. You’ll bring strong analytical skills and confidence working with data, alongside solid Excel and reporting capabilities. Excellent communication skills, a collaborative approach, and a proactive attitude are key, as is strong attention to detail and a genuine willingness to learn and develop.
In return, you’ll receive full on‑the‑job training and support with your professional development, including encouragement to pursue CII qualifications, providing a fantastic opportunity to grow within a supportive, high‑performing team and build a successful career in underwriting.
Assistant Underwriter employer: AmTrust International
AmTrust is an exceptional employer that fosters a dynamic and innovative work culture, particularly for those starting their careers in underwriting. Located in London, employees benefit from a supportive environment that encourages professional growth through comprehensive training and the pursuit of CII qualifications. With a strong emphasis on collaboration and creativity, AmTrust offers a unique opportunity to thrive in a fast-paced industry while contributing to the company's ongoing success.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at AmTrust International! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with AmTrust International!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at AmTrust International
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like AmTrust International want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
