Assistant Underwriter

Assistant Underwriter

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

  • Tasks: Assist in underwriting financial lines and manage broker relationships.
  • Company: Join Ardonagh Specialty, a diverse and inclusive workplace in London.
  • Benefits: Enjoy competitive salary, flexible working, and wellness programmes.
  • Why this job: Make an impact in a dynamic team while developing your skills.
  • Qualifications: 2 years of insurance experience preferred; strong communication and analytical skills required.
  • Other info: Hybrid work model with opportunities for mentorship and career growth.

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

OverviewJob Title: Assistant Underwriter

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time – Permanent. If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch. At Ardonagh Specialty, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Ardonagh Specialty means you\’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own. Our offices are lively and exciting places to be, but we understand that life needs flexibility, and we offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What We Can OfferWe offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry\’s top talent. You\’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans.

Employer pension contribution of 10% (employee contributes 5%).

Good work life balance – flexibility to suit you.

Competitive salary.

Life Assurance at X4 of your base salary.

Group Income Protection.

Generous Annual Leave entitlement.

Private Medical Insurance.

Group annual bonus scheme.

The Manager SaysThe purpose of the role is to work within the equinox Lectio team and assist the underwriters in providing service excellence to the client and to help deliver growth and expansion of this cross class underwriting facility.

Key Role AccountabilitiesAs guided by the underwriters, undertake the following activities:

Monitor receipt of submissions

Provide quotes in accordance with in-scoping rules

Monitor and chase open quotes

Process firm orders and confirm coverage to the client

Ensure accurate and timely capture of data on internal systems

Apply Lectio stamps to MRC via placing platforms

Ensure timely filing of all correspondence

Sending slips for processing and, where required, aggregate teams for reporting to insurers

Where required, sending endorsements to processing, and aggregate teams for reporting to insurers

Assist with the final document download from PPL and Whitespace

Participate in regular team meetings to review progress against targets

Build good working relationships with the various broking teams

Various ad-hoc tasks to support end-to-end processes of the Lectio Team, as directed by the Underwriters

Qualifications & Experience

Minimum of 2 years within the London Insurance Market

Preferably experience within a Coverholder team

High level proficiency in MS Outlook, Word and Excel – PowerPoint experience can be beneficial

Strong analytical, verbal and written communication skills

Person SpecificationThe role would be split between home working and the London office. You should be self-motivated and disciplined but also a team player. Accuracy and attention to detail are critical, with an interest in data and spotting inconsistencies as an asset. Willingness to engage in more in-depth work during busy periods with a view to learning the underwriting role and progressing to it. You should be comfortable working with all members of the team and contacting brokers to chase outstanding items.

Think you don\’t meet every requirement? We are dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive. If you\’re excited about this role, but your experience doesn\’t perfectly match what we are looking for, please apply anyway. You might be the right fit for this job or other opportunities within the wider Group.

Interview ProcessAt Ardonagh Specialty, we have a straightforward interview process to ensure the best fit for both you and the company:

Submit your application with your CV, emphasising related skills and experience

Our Talent Acquisition team will arrange a call to share more about the role and the team, learning about your motivation and goals, and answering questions

If successful, you will be invited to a 1-hour interview with the Hiring Manager and selected team members, via Teams or in person

Depending on the role, a second stage interview may be required

We always strive to move quickly in presenting an offer or providing feedback. We value the diversity of our teams and are committed to supporting individuals from all backgrounds. If you require any reasonable adjustment during the recruitment process, please let a member of the Talent team know.

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Assistant Underwriter employer: Ardonagh Specialty

Ardonagh Specialty is an exceptional employer that prioritises employee development and inclusivity, offering a vibrant office culture in London with flexible working arrangements. With a strong focus on wellbeing, competitive benefits, and opportunities for growth within The Ardonagh Group, employees can thrive both personally and professionally while contributing to a collaborative team environment.
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Contact Detail:

Ardonagh Specialty Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Assistant Underwriter

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Ardonagh Specialty. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for your interview by researching the company culture and values. Show us how you align with our commitment to diversity and skill development. We love candidates who resonate with our vibe!

✨Tip Number 3

Practice your negotiation skills! As an Assistant Underwriter, you'll need to communicate effectively with brokers. Role-play scenarios with friends or family to build confidence before the big day.

✨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 us you're genuinely interested in being part of our team.

We think you need these skills to ace Assistant Underwriter

Underwriting
Financial Lines Insurance
Risk Assessment
Broker Liaison
Delegated Underwriting Agreement (DUA)
Portfolio Management
Negotiation Skills
Analytical Skills
Communication Skills
Team Management
MS Outlook
MS Word
MS Excel
Attention to Detail
Self-Motivation

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight your relevant experience in insurance and any specific skills that match the job description. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your background aligns with our needs. Let us know what makes you a great fit for Ardonagh Specialty.

Showcase Your Skills: Don’t forget to highlight your analytical, negotiation, and communication skills in your application. These are key for the Assistant Underwriter position, and we want to see how you can bring these to the table!

Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and get you on the path to joining our fantastic team!

How to prepare for a job interview at Ardonagh Specialty

✨Know Your Stuff

Make sure you brush up on your knowledge of Financial Lines insurance and the London MRC contract layout. Being able to discuss these topics confidently will show that you're serious about the role and understand the industry.

✨Showcase Your Skills

Prepare examples that highlight your negotiation, analytical, and communication skills. Think of specific situations where you've successfully managed multiple priorities or mentored others, as this aligns with what they’re looking for in an Assistant Underwriter.

✨Ask Smart Questions

During the interview, don’t hesitate to ask insightful questions about the team dynamics and growth opportunities within Ardonagh Specialty. This not only shows your interest but also helps you gauge if the company culture is a good fit for you.

✨Be Yourself

Ardonagh Specialty values diversity and authenticity, so be genuine in your responses. Share your motivations and career goals openly, as this will help them see how you could fit into their inclusive culture.

Assistant Underwriter
Ardonagh Specialty
Location: London
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