Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Weather team to design and price innovative insurance products.
- Company: Atrium, a forward-thinking insurance company committed to diversity and inclusion.
- Benefits: Flexible working arrangements, competitive salary, and a supportive work environment.
- Why this job: Make an impact in the evolving insurance market with data-driven solutions.
- Qualifications: Experience in underwriting and a degree in a quantitative field required.
- Other info: Opportunities for career growth and a commitment to employee well-being.
The predicted salary is between 36000 - 60000 £ per year.
Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.
We have an exciting new opportunity for an Underwriter to be an integral member of the US-domiciled Weather team, acting as an underwriter and point of contact for internal and external stakeholders in the UK.
Key Responsibilities:
- Collaborating with the Weather Team and Actuarial Pricing Team to design and price bespoke parametric products – specifically conventional, custom and convergence non-cat weather structures.
- Collaborating with the Weather Team to analyse probability and intensity of triggering events to set premiums, focusing on data-driven, non-traditional underwriting methods.
- Servicing Lloyd’s brokers.
- Maintain underwriting databases and ensure data integrity.
- Contribute to strategy development and execution.
- Contribute to portfolio management of the account.
- Ongoing updating portfolio on risk, tracking the impact of elapsed weather on remaining exposures.
- Regular communication with on-risk parametric performance to internal stakeholders.
- Creating, reviewing and monitoring controls in own area of responsibility that interact with the financial reporting process or relate to the provision of data that is used in that process.
- Work with other internal stakeholders to ensure the products and portfolio meet all applicable regulatory compliance.
Qualifications:
- Previous experience as an Underwriter in the London market.
- Bachelor’s degree in a quantitative field (e.g., Computer Science, Data Analytics, Mathematics).
- A strong commercial understanding of underwriting.
- Ability to interpret complex data and draw accurate conclusions.
- Proficiency in Python, R, Excel or other coding language(s) for data modelling.
Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.
Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic.
We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.
Insurance Underwriter (Permanent) in London employer: Atrium
Contact Detail:
Atrium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Underwriter (Permanent) in London
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those who work as underwriters. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Show off your skills! If you've got experience with Python, R, or Excel, make sure to highlight that in conversations. Bring examples of how you've used these tools to solve problems or analyse data.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you're interested in, like Atrium, and express your enthusiasm for their work in the weather underwriting space.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team and contributing to our innovative approach in the insurance market.
We think you need these skills to ace Insurance Underwriter (Permanent) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that match the Underwriter role. Highlight your experience in the London market and any relevant quantitative degrees to catch our eye!
Showcase Your Data Skills: Since we’re all about data-driven decisions, don’t forget to mention your proficiency in Python, R, or Excel. Give us examples of how you've used these tools in previous roles to analyse data or set premiums.
Be Clear and Concise: When writing your application, keep it straightforward. We love clarity! Use bullet points where possible to make your achievements stand out and ensure we can easily see your qualifications.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with the Weather team!
How to prepare for a job interview at Atrium
✨Know Your Numbers
As an Insurance Underwriter, you'll be dealing with complex data. Brush up on your quantitative skills and be ready to discuss how you've used data analysis in previous roles. Prepare examples of how you've interpreted data to make underwriting decisions.
✨Understand the Market
Familiarise yourself with the current trends in the insurance market, especially regarding parametric products. Being able to discuss recent developments or changes in the industry will show that you're proactive and knowledgeable about the field.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Be prepared to share specific examples of how you've successfully collaborated with others in past positions. Highlight your communication skills and how you’ve managed relationships with stakeholders.
✨Prepare for Technical Questions
Expect questions related to your proficiency in Python, R, or Excel. Brush up on your coding skills and be ready to discuss how you've applied these tools in your work. You might even be asked to solve a problem on the spot, so practice makes perfect!