Assistant Underwriter - Accident & Health
Assistant Underwriter - Accident & Health

Assistant Underwriter - Accident & Health

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Accident & Health division with reporting, compliance, and administrative tasks.
  • Company: Join a global leader in Insurance and Reinsurance, known for its dynamic work environment.
  • Benefits: Enjoy opportunities for professional development and a collaborative team culture.
  • Why this job: Perfect for those passionate about insurance, offering growth and impactful relationships.
  • Qualifications: A-Levels in Business, Finance, Economics or Maths preferred; 3 years' experience in Lloyd's required.
  • Other info: Proficiency in IT and strong analytical skills are essential for success.

The predicted salary is between 36000 - 60000 £ per year.

This role offers a great opportunity for a confident, articulate, proactive and driven individual with at least 3 years’ experience working for a syndicate within Lloyd’s of London. The team is looking for a candidate who is highly numerate and demonstrates a passion for developing their knowledge of this technical class. The successful candidate will possess demonstrable interpersonal skills and the ability to build strong relationships with stakeholders both inside and outside the firm. Proficient IT, numerical and analytical skills are required, as is a high attention to detail.

This role would be best suited to an individual currently holding an underwriting support role such as an underwriting assistant or underwriting technician looking to join an established Accident & Health team within a global provider of Insurance and Reinsurance.

Role:

To support the Accident & Health division through defined administrative responsibilities, provide support within Underwriting Controls and adhere to set parameters of any Underwriting Authority granted. The candidate must also ensure compliance with ongoing regulatory and Company standards.

Qualifications:
  • A-Levels or equivalent in Business, Finance, Economics or Maths preferred
  • Working towards CII preferred
  • Knowledge of Accident & Health insurance not required but preferred
Experience:

Candidates require a minimum of 3 years’ experience working for a syndicate within Lloyd’s of London and a demonstrable understanding of the Lloyd’s Insurance Market and general insurance.

Desired Skills:
  • Strong problem-solving and decision-making capabilities
  • Excellent written and oral communication skills
  • Accountability
  • Confident interpersonal skills
  • Ability to work independently and as part of a team
  • Ability to work effectively in a fast-paced environment
  • Proactive mindset
  • Eye for detail
  • Logical approach to tasks
  • Strong time-management
  • Well-organised
  • Exceptional IT skills – must include Microsoft Excel, Word and Outlook
  • Drive to attain CII qualifications
Key Responsibilities:
  • Manage all elements of reporting relating to:
  • Whole account performance
  • Individual account performance
  • Exposure management
  • Outwards Reinsurance purchase
  • Renewals
  • Monthly signings
  • Monthly claims movements
  • Monthly income movements
  • Income monitoring
  • Aggregate monitoring
  • Broker Profitability
  • Credit Control
  • Bordereaux monitoring for accuracy and timeliness
  • Ensure internal folders are complete and accurate
  • Oversee accuracy of data entry on internal system
  • Peer review management including front sheet completion
  • Manage compliance queries
  • Assist with delegated underwriting queries
  • PPL/Whitespace Management
  • Provide technical and administrative support to the Underwriting Team
  • Develop and monitor professional relationships with all stakeholders to the benefit of the organisation
  • Develop procedures and practices that improve the Team’s efficiency
  • Liaise with other business functions to ensure consistency of process and systems
  • Ensure own technical training and personal development is maintained and enhanced in order to sustain and improve the account’s performance
  • To ensure Antares Global Customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
  • Consumer Duty outcomes and the management information
  • To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements. To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper.
  • Assistant Underwriter - Accident & Health employer: Antares

    As a leading global provider of Insurance and Reinsurance, we pride ourselves on fostering a dynamic work environment that encourages professional growth and development. Our Accident & Health team is committed to supporting employees through comprehensive training opportunities, a collaborative culture, and a focus on innovation, all set within the vibrant and historic Lloyd's of London market. Join us to be part of a forward-thinking organisation that values your contributions and offers a pathway to advance your career in the insurance industry.
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    Contact Detail:

    Antares Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Assistant Underwriter - Accident & Health

    ✨Tip Number 1

    Familiarise yourself with the Lloyd's of London market. Understanding its structure, key players, and current trends will not only boost your confidence during interviews but also demonstrate your genuine interest in the role.

    ✨Tip Number 2

    Network with professionals in the Accident & Health insurance sector. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the specific challenges and opportunities within this niche.

    ✨Tip Number 3

    Brush up on your analytical and numerical skills, especially in relation to reporting and data management. Being able to showcase your proficiency in tools like Microsoft Excel can set you apart from other candidates.

    ✨Tip Number 4

    Prepare to discuss your experience in underwriting support roles. Be ready to share specific examples of how you've contributed to team efficiency and compliance, as this will highlight your suitability for the Assistant Underwriter position.

    We think you need these skills to ace Assistant Underwriter - Accident & Health

    Numerical Skills
    Analytical Skills
    Attention to Detail
    Interpersonal Skills
    Communication Skills
    Problem-Solving Skills
    Time Management
    Organisational Skills
    Proficiency in Microsoft Excel, Word, and Outlook
    Understanding of Lloyd's Insurance Market
    Ability to Work Independently and as Part of a Team
    Proactive Mindset
    Logical Approach to Tasks
    Experience in Underwriting Support Roles
    Knowledge of Regulatory Compliance
    Drive to Attain CII Qualifications

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your experience in underwriting support roles, particularly within Lloyd's of London. Emphasise your numerical and analytical skills, as well as any relevant qualifications like A-Levels in Business, Finance, Economics, or Maths.

    Craft a Strong Cover Letter: In your cover letter, express your passion for the Accident & Health insurance sector. Mention specific experiences that demonstrate your problem-solving abilities and interpersonal skills, and how they align with the responsibilities of the role.

    Showcase Relevant Experience: Detail your previous roles and responsibilities that relate to the job description. Highlight your familiarity with reporting, compliance, and data management, as well as your ability to work independently and as part of a team.

    Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. Ensure that all information is clear and concise, reflecting your attention to detail, which is crucial for this role.

    How to prepare for a job interview at Antares

    ✨Showcase Your Experience

    Make sure to highlight your three years of experience working for a syndicate within Lloyd's of London. Be prepared to discuss specific examples of your responsibilities and achievements in your previous roles, particularly those related to underwriting support.

    ✨Demonstrate Your Technical Knowledge

    Even if you don't have direct experience in Accident & Health insurance, show your passion for learning about this technical class. Research the basics and be ready to discuss how your existing knowledge can transfer to this role.

    ✨Emphasise Interpersonal Skills

    Since building strong relationships with stakeholders is crucial, prepare examples that demonstrate your interpersonal skills. Think of situations where you've successfully collaborated with others or resolved conflicts.

    ✨Prepare for Technical Questions

    Expect questions that assess your numerical and analytical skills. Brush up on relevant IT tools, especially Microsoft Excel, and be ready to discuss how you've used these skills in your previous roles to manage data and reporting.

    Assistant Underwriter - Accident & Health
    Antares
    A
    • Assistant Underwriter - Accident & Health

      London
      Full-Time
      36000 - 60000 £ / year (est.)

      Application deadline: 2027-06-18

    • A

      Antares

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